Are you trying to figure out making partial payments in QuickBooks? Then there is no need for any brainstorming as this blog will prove very helpful in doing the needful. Certainly, there are times when you pay only part of a bill. Rather than paying it wholly you can make the partial payments too. And QuickBooks has a solution for this. If you don’t know how to do so then you can connect with QuickBooks online support where the technical professionals will help you.
You can follow the given step by step guide to making the partial payments to vendors as well as for receiving the partial payments from the customers.
Also Read: Enable Class Tracking in QuickBooks
Partial Payments in QuickBooks to Vendors
Step 1: Open the QuickBooks software and then click on the Vendors > pay bills > show all bills
Step 2: Scroll down to the bill that you want to make partial payment for. You will see the total amount due to the column, click the check mark column to select the bill for payment.
Step 3: Enter the amount of partial payment in the Amount to pay column
Step 4: Click on the payment method and select the appropriate payment type for the partial payment. In case of a check, select ‘to be printed’.
Step 5: Select pay & close to record the partial payment and close the pay bills window
Receiving Partial payment in QuickBooks from Customer
Step 1: Click customers and tap on Receive payments.
Step 2: Click the received from the drop down and choose the name of the customer making a partial payment.
Step 3: Enter the amount of the payment in the Amount field and select the payment method.
Step 4: Click the check mark column and select the invoice to which you want to apply for the received payment.
Step 5: Enter the amount in the payment column and click the print button to print out a copy for the customer. Click save & close to record the payment.
The steps for both vendor and customer are a bit similar but make sure that if the customer has multiple outstanding invoices then you can click on auto apply payment button. If stuck anywhere at the time of troubleshooting then dial QuickBooks phone number instantly. The helpline stays active 24 hours of the day.