QuickBooks Tip: Progress Invoicing

What is progress invoicing? (Activation Steps Below) “Progress invoicing, also called progress billing or partial billing, is invoicing from an estimate in stages instead of for the full amount. However, you can invoice for the full amount when using progress invoicing.  Using progress invoicing, you can link progress to estimates that will be included in the Job Progress Invoices vs. Estimates report. If you are not charging...
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Accounts Receivables – Managing DSO

Wooo Hooo!  Made the sale, sent the invoice and feeling good!  Right?  Well kind of … Remember an ‘invoice isn’t cash’ so don’t overlook the ‘getting paid’ portion of the sales agreement (Refer to tips below). While it may seem obvious, many business owners become so consumed with making the sale that they fall short controlling the payment of the sale.  The result is their Net 30...
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