QuickBooks will include the unpaid bills in your expenses if you choose to print an accrual-basis income statement—but not if you print a cash-basis income statement. You can track outstanding bills until they’re paid and set up recurring expenses, which is useful when you have regular monthly bills to pay, such as subscription fees.
QuickBooks Enterprise Diamond Edition also allows you to record purchase orders, create bills from purchase orders, and short-pay an invoice. You can also set up reminders so that you’ll know when your bills are due.
Based on our subjective evaluation, QuickBooks Enterprise Desktop Edition A/R module wasn’t as easy to use as we expected—hence the slight blow to its score. However, the program offers a solid A/R management solution.
There are three ways you can create an invoice in QuickBooks Desktop Enterprise Diamond Edition: from scratch, a sales order, or an estimate. When creating an invoice from an estimate, you can either convert the entire estimate to an invoice or choose a selected item or percentage to invoice, which is called progress invoicing.
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