cancel
Showing results for 
Search instead for 
Did you mean: 
Stewart Engr
Level 3

We invoice clients in two parts: 1. Initial deposit prior to work. 2. Final payment after work is complete. Can we use a single invoice to do this? Two payments one inv.

 
2 Comments 2
MarshallA
Intuit

We invoice clients in two parts: 1. Initial deposit prior to work. 2. Final payment after work is complete. Can we use a single invoice to do this? Two payments one inv.

Hello,

 

You can enter a payment from your customer before you create your invoice.  When creating your invoice you can apply that credit to the invoice and then they will only owe the 2nd half of it.

Rustler
Level 15

We invoice clients in two parts: 1. Initial deposit prior to work. 2. Final payment after work is complete. Can we use a single invoice to do this? Two payments one inv.

@Stewart Engr 

 

An invoice is a final sale.

 

A deposit is not income, it is a liability, and when paid it should post to a liability account. Later the customer is invoiced, and the deposit reduces the total amount due, then income will post when the job is done as it should be

so no you should not use one invoice for both the sale and the deposit

Need to get in touch?

Contact us