Hi All,
I'm wondering about accounts receivable (AR) in QuickBooks 2005. Normally, when I sell a product, I just go into my cash account and debit it for the amount. QuickBooks credits the sales account because I select that in the account field of the register.
When a portion of the sale is AR, I thought I would enter that in the AR register. I don't see where I set the account to the appropriate sales account, though. How do I tell it what revenue account to credit?
Regards, Max
Have you set up Items? that's what drives Invoices and A/R entries to the correct income account.
"Laura" wrote in news:dYdEk.246913$ snipped-for-privacy@bgtnsc05-news.ops.worldnet.att.net:
Ah-haaa! Thank you Laura. That's just the thing I was looking for.
Regards, Max
The fact that you are using QB 2005 and asking this question now as we near the year 2009 raises a flag in my mind that you should be discussing this matter with your accountant.
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