Customer Prepayments – All about Customer Prepayments in QuickBooks

Customer Prepayments - All about Customer Prepayments in QuickBooksClick Image To Visit SiteFinally! A new easy way for Customer Prepayments that eliminates the old, confusing (yet "official"!) way!

I once had a wonderful client named Brad. He was an engineer and owned his own firm, not far from my home.

Brad often received prepayments from customers and thought he knew how to show them in QuickBooks, but he wasn’t sure. So, long before he found me, he hired somebody to help him, a very knowledgeable and sweet bookkeeper by all accounts.

But Brad thought the "official" way was so confusing! He couldn’t remember all of the steps, there were so many. Plus they didn’t make sense to him.

But it was the "right" way, the way all of the bookkeepers and CPAs thought it should be done. Even the internal QuickBooks help teaches the "official" way.

So Brad found somebody else, a wonderful CPA. The CPA agreed with the "official" way for prepayments. So HE tried to show Brad again and again how it was "supposed" to be done.

Because Brad is not bookkeeper, he just could not remember how to do it. He couldn’t remember how to show the prepayment on an invoice, and how to figure out how much each customer had on balance after some of the prepayment had been used.

But TWO people told him to do them the "official" way, so he continued to struggle with the confusing steps.

But between his old way of doing them, and the new way, his books WERE A DISASTER! I had to spend many hours to clean up his Balance Sheet and Profit and Loss statements.

I’m sure the bookkeeper and CPA were good people meant well. But they couldn’t think outside the box, couldn’t think of a practical way to help their client.

This new way needed to be refined… he had steps missing, but I could see how much easier it was going to be for non-bookkeepers. I could see why he started experimenting this way.

So I documented a system. I wrote everything down that needed to be done. I had to refine things quite a bit and add some significant steps at the end that were COMPLETELY missing.

Not only do I show you this new, easy way, I also show you the old, hard way too! You get both. This way you can sit down with your CPA and decide which to use.

I guarantee your satisfaction with this 66 page pdf… you WILL learn how to record customer prepayments in a way that makes sense to you… you WILL understand what you are doing at each step…

60 day money back guarantee! 100% refund of your purchase price if you aren’t delighted. NO QUESTIONS ASKED. Read more…

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