The management of accounts receivable is needed in order to maintain a healthy cash flow, to ensure you get paid consistently, to indicate late payments, to send reminders for overdue invoices, and record payments in a mechanical way. With the help of QuickBooks Tech Support Services from experts, you can easily manage your AR in all circumstances. |
How to add Account Receivable tracking in QuickBooks?
Recording of customer down payments, bad debt, and trading receivables with payables is necessary to add accounts receivables as you can’t remember all transactions for a longer time period. That is why QuickBooks comes to your help and allows you to automatically manage invoicing, tracking, and reporting anytime, from anywhere.
To add Account Receivable tracking in QuickBooks, you need to set up A/R tracking or an accounts receivable account in QuickBooks. It will help you easily maintain all sales and customer reports, add finance charges, and apply reimbursements. First, create an opening balance statement for each customer. Then, the software will automatically enter customer balance information to the AR account. Steps to add customer information:
1. Open QuickBooks and hit the "Customer Center" button. 2. Choose "New Customer & Job" and "New Customer." 3. Enter the name of customer in the "Customer Name" field. 4. Enter the outstanding balance of the customer in the "Opening Balance" and "As Of" fields. Don’t furnish information into the "Opening Balance" and "As Of" fields if you are tracking several jobs of the customer. 5. Furnish other relevant information on customer address, contact information and sales tax details and click the "Next" button in order to save and use more customer information. Then, click "OK" and exit. Adding an Accounts Receivable Account 1. Open QuickBooks, hit the "Lists" menu option and choose "Chart of Accounts." 2. Select "Account" and "New." 3. Choose the "Accounts Receivable A/R" option and get on "Continue." 4. Go to the "Account Name" field and enter the name of the account and enter account number in the "Number" field. 5. Press "Next" for saving the account and creating a new one. Then, you can click "OK" to save and exit.
When it comes to adding Account Receivable tracking in QuickBooks and resolving various issues with the accounting software, Intelli Atlas offers the best and flawless QuickBooks Support and Help Services to help you on account receivables and account payables that match users changing needs and wants. With its QuickBooks Customer Support Phone Number +1-888-846-6939, the independent tech support providing company helps all resolve the issues of cleaning zero balances, balance sheet showing no AR, late payments, negative AR on a cash account, cash flow management, and employee payment in an amicable manner.
If you are not able to get rid of AR accounts addition and customer information problems, ask Intelli Atlas for a perfect solution instantly in a cost-effective manner. Master QuickBooks by asking technical support and help from Intelli Atlas Inc. We offer help and guidance to help understand QuickBooks better in terms of accounting and managing your business finances.
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