Is there a way to put an invoice on HOLD and not include it in A/R? We have clients who ask us to put the invoices on hold.

Is there a way to put an invoice on HOLD and do not have it included in A/R. we often get requests from our sales rep to put the invoices on hold to give our clients grace period. The way I can do but not completely resolves my issue:

1. Put invoice date for next month

2. Create product/service codes that are not part of A/R.

But still the above is not even a workaround. Any suggestions?

Answer

Adjust the due date of the invoice, instead of your standard default of 2% 10, net 15, net 30 set the date far in the future (not the invoice date, the due date. It still will show in your A/R but won't be due.

You sold a product, you don't change the date of the sale. If you are accrual the date of the sale is the date of income. If hybrid (modified cash) the date income is posted is the date they pay.

Was this answer helpful? Yes No
Default user avatars original
AllStar

No answers have been posted

More Actions

People come to QuickBooks Learn & Support for help and answers—we want to let them know that we're here to listen and share our knowledge. We do that with the style and format of our responses. Here are five guidelines:

  1. Keep it conversational. When answering questions, write like you speak. Imagine you're explaining something to a trusted friend, using simple, everyday language. Avoid jargon and technical terms when possible. When no other word will do, explain technical terms in plain English.
  2. Be clear and state the answer right up front. Ask yourself what specific information the person really needs and then provide it. Stick to the topic and avoid unnecessary details. Break information down into a numbered or bulleted list and highlight the most important details in bold.
  3. Be concise. Aim for no more than two short sentences in a paragraph, and try to keep paragraphs to two lines. A wall of text can look intimidating and many won't read it, so break it up. It's okay to link to other resources for more details, but avoid giving answers that contain little more than a link.
  4. Be a good listener. When people post very general questions, take a second to try to understand what they're really looking for. Then, provide a response that guides them to the best possible outcome.
  5. Be encouraging and positive. Look for ways to eliminate uncertainty by anticipating people's concerns. Make it apparent that we really like helping them achieve positive outcomes.

Select a file to attach:

Qb community
Looking for advice from other business owners?

Visit our QuickBooks Community site.