#4 of 8 - Run an Open Invoices Report in QuickBooks

#4 on the list of "8 Things Every Business Owner Should Know How to Do In QuickBooks"

How to Run an Open Invoices Report in QuickBooks

• HOW?  Reports – Customers & Receivables – Open Invoices
• WHAT TO LOOK FOR: 
  • Only invoices for which you haven’t received payment should be listed.
  • If there is a negative balance, look at the “Type” column.  If you see:
    • Credit Memo = A Credit Memo was entered reducing the amount a customer owes you
    • Payment = A Customer Payment was received, but has not been applied to an invoice.  To apply the payment:  
      • Customers – Receive Payments – Discounts & Credits
    • Deposit = A Deposit was entered directly to Accounts Receivable.  To apply the payment:
      • If Deposit is reconciled:  Customers – Receive Payments – Discounts & Credits
      • If Deposit is NOT reconciled:  Delete the deposit, then re-enter the correct way: Customers – Receive Payments – Check off invoice