How Do I Apply a Pre-Payment?

Will Fastie · 03-02-2011, 03:58 PM

My software is Quicken H&B 2008.

A client responded too quickly to an estimate of $200 with a check in that amount. I entered this as a payment in Invoices.

I completed $150 of the work, prepared an invoice in that amount, and then applied $150 of the previous payment to the invoice.

I now have completed another $100 of work and prepared an invoice for that.

This is where I'm stuck. How do I apply the remaining $50 from the early payment to this second invoice and thus get that payment cleared, leaving $50 owing from the client? Did I do this wrong? Should I have created some kind of credit for the original payment and applied that to invoices?

I'm just having trouble connecting new charges to the early payment.

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