HOW CAN WE ADD SALES ORDER AND TRADE ADVANCES WE GET FROM CUSTOMERS ??

Welcome to the Online Community, harsh-soni-13.

The sales order feature is currently available in the desktop version. In QBO, you can use the Estimate feature to record transactions.

1. Click the Plus icon and choose Estimate under the Customers section.
   
2. Selecting these options will take you to the Estimate page.
3. From there, enter the customer’s name, date, product/service, and amount.
   
4. Once done, hit the Save or Save and send button.

Next, create a liability account to record the trade advances. Here’s how:

1. Go to the Accounting menu and choose Chart of accounts.
2. From there, hit the New button to open the Account window.
3. Select Other Current Liabilities by clicking the Account Type drop-down.
4. For the Detail Type drop-down, pick Trust Accounts - Liabilities.
5. Enter the correct name in the field box and then hit the Save and close button.
   
   
   

To continue with the process, follow the rest of the recommended solutions in the Record a retainer or deposit article and perform 2-6.

Reach out to me if you have additional questions or concerns. I’m always ready to assist further. Have a great rest of the day.