BusinessAccountings

Learn how to assess finance charges in QuickBooks Desktop for Windows and Mac, and the way to stop a finance charge from being assessed on an invoice. Calculate finance charges Attend the Customers menu, then select Assess Finance Charges. Choose the acceptable A/R account. Note that QuickBooks displays the A/R Account field only your Chart of Accounts contains quite one A/R. Set the Assessment date. Select the Customers and jobs you would like to assess finance charges for. Select Assess Charges. Note: once you assess finance charges, QuickBooks creates a Finance Charge Invoice per customer. You've got the choice to print it or leave it cleared to be included in your next statements. Prevent a finance charge from being assessed on an invoice There are two methods available if you would like an invoice to be excluded from a customer balance when assessing finance charges in QuickBooks . Option 1: Create employment that's excluded from finance charges Attend the Customers menu,