QuickBooks,converts transactions,accounts account,one was,receivable:
If you indicated that one of your Quicken accounts was an accounts receivable account, this is how QuickBooks converts the transactions in that account.
This item in your Quicken A/R account...
Becomes this in QuickBooks
A transaction that increases your A/R account balance
An invoice to a customer
A transaction that decreases your A/R account balance
A payment from a customer
A transaction that decreases your A/R account balance and has more than one split line
A credit memo to a customer
A customer on your Customers & JL(Jobs List)
An income or EA(Expense Account)
payment customer to oldest invoices,payment to oldest invoices,QuickBooks,first,payment customer to invoices,payment to invoices:
Customer payments. If a customer has several outstanding invoices, QuickBooks applies a payment from that customer to the oldest invoices first.
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