Chapter 6
Managing the Inflow of Money
IN THIS CHAPTER
Creating invoices, sales receipts, and estimates
Recording payments from customers
Entering credit memos for customers
Checking invoice status
Recording billable expenses
Managing projects
Do you remember the movie Jerry Maguire and the catchphrase “Show me the money!”? In this chapter, I show you how to handle the money coming into your business — in other words, invoicing your customers and recording their payments. But wait — there’s more; I also cover estimates, credit memos, and projects.
Getting Started with Sales Transactions
When you’re using new software, it always helps to be able to carry out actions a few times. If you have any unpaid invoices for your customers, for example, recording them in QuickBooks now will help reinforce what you read here. You’ll also want to record all bank deposits that you’ve made since ...
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