After the last 2 episodes you should have a good idea of how to create invoices to your customers. The next step is to get paid! The “Receive Payments” procedure in QuickBooks is pretty straightforward but there are several different possibilities to think about. The customer can either pay the exact amount that they owe, they can give you an overpayment or an underpayment. I briefly demonstrate each of these scenarios so you can see what happens with each one. As always, please leave any questions about this episode in the comments section below.
I also mention my new email newsletter signup that is available on the home page. As a “thank you” for signing up you will get an e-book that I put together called the “Accounting Primer: All the Accounting You Need To Know”.
This post was written by Michael Debyah.
Hi there! I'm Mike. I am a CPA and an Advanced Certified QuickBooks ProAdvisor. I teach QuickBooks locally in classrooms and do one-on-one training sessions. I created this site so I could extend my teaching to more people and offer them the best support possible.
Hi
I want to have all of your episode to learning quickbooks ,what should I do?
I think the easiest way to get them all is through iTunes. Just search for quickbooks and look in the podcast search results.
Are you going to have a lesson on customers paying by credit card or debit card?
great learning site. I want to receive your email with acctg terms, etc, only if its free.
What exactly would you like to learn? Receiving payment by credit card or debit card isn’t much different than receiving payment by check or cash. Let me know what your questions are and I will attempt to give you some answers. Thanks!
I just wanted to say that I love your website……..Thanks to you I have a really great job. I applied over a year ago for the job I have now and they wanted someone with QB experience and I had none……But I watched all of your episodes and got the job. I actually learned QB from your website.
Thank you,
Your really good at what you do and I am so thankful to you for your time.
Wow, I love getting comments like this! I am so happy that I’ve been able to help you!
I don’t get ITunes. I wish to hear your podcast for lessons before #15. I just found your website. This is information that I need to know! Thank you, Thank you, Thank you. I do not get an RSS feed either whatever that is. Can you tell me another way to get previous lessons.
I’m sorry I missed your comment until now. This link should give you all the episodes http://www.fullcontactaccounting.com/category/podcast/ make sure to notice the “Older posts” link at the bottom of the page.
Really really awesome work sir
Sir, i have a question related to inventory, my question is that if we are dealing in manufacturing business and we have to control inventory and track what is the way (by combining two or three materials we make one product what we have to do and how we track.
If i wanna get your video tutorials what i have to do sir, the way you teak is very clear i’ve learnt alot of things from you site
GOD BLESS YOU SIR
Thank you very much! I’m glad that you are learning from my videos. The link I showed above http://www.fullcontactaccounting.com/category/podcast/ will list all of the videos that I have. Each video is in a separate post. Or you can use itunes and download them all from there. Good luck and thanks for watching!
Inventory can be tricky. It sounds like you need to use the inventory assembly feature. That allows you to combine 2 or more inventory items to create an “inventory assembly” item. You must have Quickbooks Premiere or Enterprise to use this feature. You can read more about it here: http://support.quickbooks.intuit.com/support/pages/inproducthelp/Core/QB2K12/ContentPackage/Core/Inventory/intro_assembly_item.html