QuickBooks sales receipts may seem overwhelming to the uninitiated, but they’re really not difficult to create. QuickBooks can help you run your business faster and easier and it is important to understand the functionality of all of its features to fully put the power of the software to work for you. It’s not hard to make sales receipts for clients and customers when they pay for a service or product.
A sales receipt looks a lot like a QuickBooks invoice, but indicates that the invoice or bill has been paid. Use an invoice when you have a receivable and an open balance that needs to be paid. Use a sales receipt when you receive payment at the time of the sale.
As mentioned, it’s really easy to create a sales receipt in QuickBooks. Here’s how:
There are a few factors to consider when using sales receipts in QuickBooks; generally you shouldn’t use sales receipts if you want or need to track each customer’s sales history. Also, if you don’t always receive payment at time of sale from certain customers, you should use invoices instead.
If you need additional help, or have questions regarding the correct use of any aspect of QuickBooks software, click the “Find a Trainer” tab above for information on a skill QuickBooks expert in your area!