In QuickBooks, you must be using this
feature and if you are getting stuck you are in a confused state. QuickBooks is
a software used to process accounting records, manage the expenses of various
debit records, and we will also be able to transfer the credit from one
customer job to another.
Get an access to Chart of Accounts to get
this process completed:
- Try to open the invoice in which you want to transfer the
credit into.
- Click on Apply Credits. Credits from another
customer job will be displayed in available credit option.
- Click on the existing credits then choose Done.
- On the Confirm transfer window tab, click on Yes to
get the transfer completed.
If you want to get make some modification
in this, you must consult QuickBooks Support team.
How
to clear the customer credit manually?
The steps to solve the customer credit
issues is listed below, if you have any confusion feel free to contact us on
our toll free number.
Method 1: Set up a Clearing account
Apply to set up a clearing account in QuickBooks Desktop
Step 2: Generate a journal entry to transfer
the credit from the customer: job to the wash or clearing account.
- In the Company menu, click on Make General Journal Entries.
- In the first line, debit the Accounts Receivable account with
the amount which needs to be transferred. In the Name column, click on the
Customer: job in which you are thinking to transfer the credit.
- In the second line, credit
the Clearing Account.
- Click on Save & Close.
Step 3: Link the payment or credit to
the journal entry.
- In the Customers menu, click on Customer Center.
- Select the customer from which you
are transferring the credit, then move to Transactions tab.
·
If you are think to link a payment:
·
In the transactions list, double click on the payment.
·
Highlight the journal entry.
·
Click on Save & Close.
If
you are thinking to link a credit:
·
In the transactions list, double click on the credit memo.
·
Click on Use credit to apply to invoice.
·
Highlight the journal entry then click on Done.
·
Click on Save & Close.
Step 4: Create a journal entry to move
the credit from the clearing account to another customer: job.
Step 5: Apply the credit to the unpaid
invoice.
Hope,
we have provided you the complete solution of transferring a customer credit
from one job to another, if you are still in position to get stuck, contact
immediately at QuickBooks Support. You can also draft a mail to send on our
mail id at support@helpdeskaccounting.com. Stay connected with our experts 24*7
to support you.
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