How do I track a prepayment or down payment?

1. Download and accept the payment for this invoice into the checking (Chequing in Canada), credit card, or savings account you use for this business.
2. If necessary, in the Category field, select the account that you use to track the customer's invoices payments and invoices. You may need to click the Transfer tab on the left to see the available accounts.
3. Click Enter.
4. Open the account that you use to track this customer's payments and invoices.
5. Click 

   

    (the Account Actions icon), and then choose New Customer Payment.

6. In the Customer Payment form, verify the customer's name. If necessary, select a new one from the list.

   

   Can I change the name my financial institution uses for this customer?

   Yes. Renaming rules let you remove any irrelevant details your financial institution includes with this customer name from updated transactions.

7. In the Outstanding Invoices area, select the payment you downloaded.
8. Click Enter.

Enter the total amount in the Customer Payment dialog as usual. Quicken associates this with the customer, and when you create your invoice you can apply the down payment to it.

1. Open the account that you use to track this customer's payments and invoices.
2. Click 

   

    (the Account Actions icon), and then choose New Customer Payment.
3. In the Customer Payment form, enter the customer's name.
4. Enter the amount of the payment.
5. Select the name of the account into which you want to deposit the payment.
6. Click Enter.