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Taking a draw from your customer

If you don't invoice the customer for your services, but have set up an agreement to take a draw from the customer's bank, you still need to enter an invoice so that QuickBooks can record the money you receive as income.

To record a bank draw

  1. Create an invoice from the estimate (and make adjustments, as needed), but clear the To be printed checkbox on the invoice form. If you simply deposit the money into your checking account, QuickBooks does not account for the money as income.

  2. When you get the bank draw, record the payment in QuickBooks.

KB ID# H_CONT_INV_RECORDING_BANK_DRAW
12/6/2016 12:13:59 AM
QYPPRDQBKSWS07 9138 Pro 2017 34a7b6