Hello, my QuickBooks online friends. This new QuickBooks Online learning video will explain everything about delayed credits. It’s exactly the same thing as QuickBooks Online delayed charges but with the exact opposite effect. That does not mean that you can put them on credit memos. You cannot. You can only put them on invoices to reduce the amount of an invoice. They decrease the amount of an invoice and can make the invoice amount become negative. I thank you all and hope that you will click “like” and “subscribe”
Good day, please help out . How do i record a payment that came in 2 different forms of payment under one invoice . I work in a clinic, trying to record old payments using direct debit (from the medical aid) which goes to the bank account and copayment from the patient which is goes to cash in hand account.
Thank you but it should not matter the payment method such as debit credit card or cash. The transaction is recorded the same way and simply record a different payment method that came along with each payment Mark
Thank you so much, I would love to if I had the time but there's so many quick books videos that need to be made and some older ones need to be remade and I'm only one person Maybe one day there'll be enough time, we'll see
Hello! Is it possible to apply only a part of the Delayed Credit to an invoice (i.e. when the invoice amount is less than the Delayed Credit Memo)? I hope you can help me.
Yes, the receive payment window is where you apply the credits to invoices. Just type in the money amount that you are applying to each invoice. Then whatever credit amount remains will show in the open invoice report. -Mark
@@worldwidequickbooks Hiya! Thanks for replying! I did this but even though I applied only a part of the Delayed Credit, it "closed" my Delayed Credit Memo, effectively marking the rest of the credit as "used" when I look at the customer's account. :(
Thank you for asking but payroll is an ad on app. If you pay for a payroll subscription you receive call and support and you receive their own tutorials Mark
Thank you for asking Watch this playlist in proper order and you will know everything you need to know and be able to do everything you need ruclips.net/p/PLqRhgBZfJuE7Kmc1AOq3fw3aYuZItztuV
Nice video! I have a Question. 3,000 of delayed credit and the balance got reduced from 54 thousand something to 51. then u created an additional negative invoice reducing it further to 48,000 approx. That's a total of 6,000 dollar discount. This doesn't make any sense to me. But overall it helped me a bit to differentiate between a credit memo and delayed credit. Thanks
Thank you for the compliment and it's only an example to show you how the software works it's not meant to reflect actual numbers in a real transaction I hope you will click like and then subscribe
This video shows one method but if you give me more information about how your sale is different from this video I can find a video that gives you what you need Mark
Hello, my QuickBooks online friends. This new QuickBooks Online learning video will explain everything about delayed credits. It’s exactly the same thing as QuickBooks Online delayed charges but with the exact opposite effect. That does not mean that you can put them on credit memos. You cannot. You can only put them on invoices to reduce the amount of an invoice. They decrease the amount of an invoice and can make the invoice amount become negative.
I thank you all and hope that you will click “like” and “subscribe”
Good day, please help out . How do i record a payment that came in 2 different forms of payment under one invoice . I work in a clinic, trying to record old payments using direct debit (from the medical aid) which goes to the bank account and copayment from the patient which is goes to cash in hand account.
Thank you but it should not matter the payment method such as debit credit card or cash. The transaction is recorded the same way and simply record a different payment method that came along with each payment
Mark
Very Well Explained kindly stat a series for Peachtree online as well
Thank you so much, I would love to if I had the time but there's so many quick books videos that need to be made and some older ones need to be remade and I'm only one person
Maybe one day there'll be enough time, we'll see
Hello! Is it possible to apply only a part of the Delayed Credit to an invoice (i.e. when the invoice amount is less than the Delayed Credit Memo)? I hope you can help me.
Yes, the receive payment window is where you apply the credits to invoices. Just type in the money amount that you are applying to each invoice. Then whatever credit amount remains will show in the open invoice report.
-Mark
@@worldwidequickbooks Hiya! Thanks for replying! I did this but even though I applied only a part of the Delayed Credit, it "closed" my Delayed Credit Memo, effectively marking the rest of the credit as "used" when I look at the customer's account. :(
Could you please share tutorial about quick book payroll.?
Thank you for asking but payroll is an ad on app.
If you pay for a payroll subscription you receive call and support and you receive their own tutorials
Mark
How do you reconcile with the transaction in the account?
Thank you for asking
Watch this playlist in proper order and you will know everything you need to know and be able to do everything you need
ruclips.net/p/PLqRhgBZfJuE7Kmc1AOq3fw3aYuZItztuV
Nice video! I have a Question. 3,000 of delayed credit and the balance got reduced from 54 thousand something to 51. then u created an additional negative invoice reducing it further to 48,000 approx. That's a total of 6,000 dollar discount. This doesn't make any sense to me. But overall it helped me a bit to differentiate between a credit memo and delayed credit.
Thanks
Thank you for the compliment and it's only an example to show you how the software works it's not meant to reflect actual numbers in a real transaction
I hope you will click like and then subscribe
How do I record sales not yet paid by customer on quickbook
This video shows one method but if you give me more information about how your sale is different from this video I can find a video that gives you what you need
Mark
Thanks you so much for this video i'm Khmer
Glad it helped
I hope you will click like and subscribe
Mark