WebMay 5, 2016 · Journal Entry. This option is commonly used in QuickBooks Desktop, but also works with QBO. Pull up the Journal Entry screen and check the date and the journal number. In the Account field, select Accounts Receivable. Enter the amount as Debit for overpayment, or Credit for underpayment and attach it to the customer. WebEdit a customer overpayment. In the Business menu, select Invoices.. Select the Awaiting Payment tab.. Find and open the overpayment. Click Overpayment Options, then select Edit.. Edit any details entered in the From, Date, Reference, Currency, Description, Amount or Tracking fields.. Click Update.. If the overpayment is refunded or allocated to an invoice, …
Give your customer a credit or refund in QuickBooks …
WebNov 15, 2024 · Customers can pay you too much for several reasons. When this happens, you can use the credit toward an invoice, refund the customer, or enter the overpayment as a tip in QuickBooks. Select + New. Select Receive payment or Receive invoice payment. Select the customer, then the credit and the invoice. Select Save and New or Save and … WebBusinesses often issue overpayment refunds in the same format as the customer provided payment. For example, if your customer paid by check, you may return a check for the overpayment refund. If ... factory baseball gray ga
How do I correct an overpayment in QuickBooks?
WebUse your Intuit Account to sign in to QuickBooks. Sign in with Google. OR. Email or User ID. Phone +1. Afghanistan (افغانستان) +93; Åland Islands +358; Albania (Shqipëri) +355; Algeria (الجزائر) +213; Andorra +376; Angola +244; Argentina +54; Armenia (Հայաստան) +374; WebApr 6, 2024 · Instead: Navigate to Sales & Payments > Products & Services and click Add a product or service. Name the product Invoice Overpayment and click the Sell this checkbox. Once the Sell this checkbox is selected, create a new income account for this item by clicking the + button. Choose any income account in the account popup page, and give it a … WebThis window summarizes the tax amounts that are due based on previous entries you made earlier during the employee and tax setup process. You’ll see all your payroll tax liabilities for the current quarter. QuickBooks calculated these amounts based on the current year payroll and state tax rate info you entered. factory baseball sets