I run a very successful dog home boarding and day care business. I issue multiple estimates as confirmations for client bookings which can be anything from 2 weeks to 18 months ahead. The deposits stay on account until the week before the booking when the invoice is issued and the client pays the balance. How can I know from Quickfile which deposit to apply to which estimate. One current example - I have 5 deposits from 1 client which refer to 5 different bookings, so 5 different estimates and will be 5 different invoices spread over 12 months.
Hello @MelLimer
when logging prepayments on account they all get added to the balance on the account.
When an invoice is paid the oldest credit is always used first (first in first out FIFO).
This topic was automatically closed 14 days after the last reply. New replies are no longer allowed.