Advertise here    

QuickBooks Forums      

Go Back   QuickBooks Forums > QuickBooks Software Support > QuickBooks Online Forum

Reply
 
Thread Tools Rate Thread Display Modes
  #1  
Old 07-15-2017, 04:30 PM
Cspar Cspar is offline
Registered User
 
Join Date: Jul 2017
Posts: 1
Collecting deductible payments ?

Hello all, I need some assistance with setting up qb online. We are a auto repair facility and often collect deductible payments from customers I need to set this up so the invoice shows the bill minus the deductible payment from the customer
Reply With Quote
  #2  
Old 07-17-2017, 03:29 PM
Lorin Browning Lorin Browning is offline
Registered User
 
Join Date: Apr 2004
Location: Landrum SC
Posts: 615
Hello cspar, I need a little help in understanding your situation before attempting an answer.

Is this a situation in which your company is making a repair and the customer is paying a deductible amount and an insurance company is paying the balance?

Or is this a situation in which your company is making a repair and is requiring a down-payment before work begins?

These two situations are not treated the same way. Thanks for your assistance.
__________________
Lorin Browning, Ph. D.
Fellow -- National Tax Practice Institute
lorin@lorinbrowning.com
Reply With Quote
Reply

Bookmarks
Bookmark and Share
Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 08:36 AM.


 

Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2017, Jelsoft Enterprises Ltd.
All contents copyright (c) by AccountingUsers Inc.