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2 Customer Balances as QuickBooks Report

Two Customer Balances as QuickBooks Report

At some point, a Customer may request information about their balance with your Company. You can either create mail or email the Customer a statement with all open charges or pull up a Customer Balance report.

 

 

QuickBooks has two reports that provide Customer Balance information.

The Customer Balance Summary report shows unpaid customer balances, listed by customer and job. Similar to the A/R Aging reports, this report shows the total owed amount. However, this report does not break down the amount by billing period. For property management, this report displays total owed amounts by tenantunitproperty, and property owner.

The Customer Balance Detail report shows all transactions related to customers, grouped by customer and job. The totals in the Balance column are the owed amounts. If it is zero, the customer has paid all invoices. This report shows how each transaction affects the customer balance.

Gita Faust

About the Author

Gita Faust has over 30 years of accounting experience in the real estate and property management industry, Gita Faust is more than just a real estate investor; she is also popular for her work as an accountant, consultant, mentor, speaker, QuickBooks Top ProAdvisor, QuickBooks Solution Provider, member of Intuit’s Trainer/Writer Network, and, of course, author. Gita is well-known for her exemplary leadership and advisory skills. In fact, she even helped pioneer the adaptation of QuickBooks to suit the needs of professionals in real estate and property management. To share her knowledge she has written a series of courses titled Simplified Accounting Solution, which provides step-by-step guidance for those working with QuickBooks.

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