Method:Classic General Q&A

Re: I invoice in reverse. How can I handle it?

Method_Jason — Fri, 09 Aug 2013 16:36:04 GMT

Awesome suggestions Fran!

Thomas,

Method for Quickbooks Online (QBO) currently cannot access QBO Credit Memos but Intuit will be releasing this to third party applications such as Method on V3 of the IPP platform. Once we have access to this type of transaction, it might also be a viable solution for you.

Jason

Re: I invoice in reverse. How can I handle it?

fran — Fri, 09 Aug 2013 05:28:11 GMT

Thomas,

Method out of the box does not apply "credits" against invoices. this left best to QB...

But There are several other approaches that would work in Method and the ones I like best are...

Generate an invoice for the "deposit" using an Item that points to a deposit or something like that. And then Receive payment against that. When the work is done, genrate an incoice for the amount owed and then add a new line showing using a negative "deposit item" on that invoice to zero it out..

Or you can Receive Payment and do not apply it to an Invoice. Then when work is done, generate work invoice. Go back to Receive Payment and apply to new invoice.

Just some ideas.

I invoice in reverse. How can I handle it?

Thomas — Thu, 08 Aug 2013 04:10:30 GMT

Most companies send out invoices and then get paid and payments apply to the invoices. I get paid in advance and write a credit invoice. After that, when I write an invoice to send to the customer in Method, it doesn't show the credit and it looks like the customer still owes me money when he doesn't. Am I forgeting to check a box or something or is there a way to connect the invoice to the earlier credit before it goes to the cusomer? In Quickbooks, this problem is solved as the invoice showes the earlier credit and goes out to the customer with a zero balance owing.