At the integration setup stage, you can decide which documents to send to QuickBooks: Purchase Orders or Invoice.
TABLE OF CONTENTS
- How Invoice import to QuickBooks:
- What if you revise, edit the Invoice?
- What if you need to cancel the Invoice?
- What if you edit, delete Invoices in QuickBooks?
- How payments are imported to Precoro with QuickBooks:
- What type of payments method you can use:
- What if you need to void or delete payment in QuickBooks?
- If you do not pay the full amount of the Invoice:
- Close the books:
How to Import Invoices to QuickBooks:
What if you revise or edit an Invoice?
What if you need to cancel an Invoice?
What if you edit or delete Invoices in QuickBooks?
Changes will not appear in Precoro.
How payments are imported to Precoro with QuickBooks:
After payment is recorded in QuickBooks, it is imported into the Precoro account. The status of the invoice will change to paid. Payments recorded in Precoro are not imported into QuickBooks.
What type of payments method you can use:
- Bill payments
- Credit card payment
What if you need to void or delete payment in QuickBooks?
The payment in Precoro will be canceled. You can create a new payment in QuickBooks for this Invoice.
Note, if you canceled payment in Precoro changes will not be shown in QuickBooks.
If you do not pay the full amount of the Invoice:
The status of the Invoice will read partly paid in Precoro.
Close the books:
If you use the "close the books" of the financial reporting period in QuickBooks, it will be impossible to send documents from Precoro in a closed period.
For example, your closing date 31.122020 in QBO, but in Precoro, you have an Invoice 30.12.2020. You can not send this Invoice to QuickBooks after 31.12.2020 because the accounting period has closed.