How to mark an invoice as Paid in QuickBooks?
QuickBooks is becoming an industry standard for managing accounting activities. The vast number of tools and functionalities it brings to the fore, enable users to perform myriad range of accounting tasks. Users can create reports, manage payroll and pay taxes using this accounting software. Small Businesses often rely on QB for creating and managing Invoices.
Many instances have been recorded where customer forget to mark invoice as paid in QB. Follow the steps given below in order to mark an invoice as paid in QuickBooks:
Payment will be applied to invoice along with deposit. Users can add descriptions and tags to invoices for better classification. Further, it is advisable to maintain the records of paid invoices correctly in order to avoid discrepancies that can attract hefty penalties.
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