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July 22, 2024
Question

How to pay a supplier a deposit without an invoice?

  • July 22, 2024
  • 1 reply
  • 3 views
I have purchased an item from a supplier and am paying him part of the money but do not have an invoice as yet. How do i allocate the money to their account?

1 reply

Level 13
July 22, 2024

Hello and welcome to the Community, downscars-hotmai

 

To record a payment on account, simply create an expense with the Category (on the Category details line) set to Creditors/Accounts Payable, with the supplier selected in the Payee field. 

 

This will post the payment as a credit on the suppliers account and can later be applied as payment on the invoice. 

 

When you have entered the invoice in QuickBooks, select Make payment and the expense will appear under Credits where you can tick to apply. 

 

I'm just a post away if you have further questions or require additional assistance.