Creating a Recipient Created Invoice. (As apposed to recieving a recipient created invoice)

Legacy KB ID: 1490

Question

How do I send a customer an invoice for income minus expenses?

Answer

Setup the owner as a supplier and a customer (slight spelling change needed)

• Enter a bill for the rent collected (the full amount)

• Enter an invoice for the charges you are charging (usually setup as Service Items)

• Place a reference to link the two forms in the memo field.

• Produce a Word Document for the invoice you are sending the customer (which has Rent Minus Fee's) [Bill Minus Invoice]

The amount on this invoice is what you owe the owner. If it is negative, then it is what the owner owes you.

Solution: -------------

QuickBooks does not support Recipient Created Invoices

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