Can you help me to understand how can I achieve the first step, please?
“1. Find the money coming in on the bank and click to tag. Select the option ‘Payment from a customer’.”
There are more ways?
Should I send an invoice for the deposit payment or not?
If I receive a payment from my client, can I register manually in my quickfile account the payment to follow the first step? I’m confused.
I am not an accountant so it would be best to check with one to be completely sure, but I would raise an invoice for the deposit and then raise a second invoice for the total less the deposit when the event is due to take place. I think it would make it easier to keep track of the money movement this way.
You may have to check with an accountant for specifics. It is up to you how you process deposits/invoices - whether you want to create a deposit invoice or just the total invoice if they have paid for the full event. If you are questioning for VAT purposes then I would definitely check with an accountant to make sure that you are processing correctly.
You can give them whatever you want. This is why I use the other method as the deposit invoice shows up on their statement and they can see exactly where the payment went and what it was for and it also saves me having to manually generate any other paperwork for the job.
Even though he is an accountant I would be hesitant to blindly follow a vague posting on the internet. You can easily find posts from people saying yes and no to any question you ask so take anything you read with a pinch of salt. Each to their own though.