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Chapter 12. Invoicing, Monthly Statement... > Receiving Payments for Your Invoices

Receiving Payments for Your Invoices

When you record an invoice, an account receivable is formed, showing the amount owed from a customer. When you receive money from your customers and associate the receipt of that money with the appropriate invoice, the accounts receivable records are updated, and the amount you received no longer shows as being owed to you.

A check just came in the mail. How can you quickly find out what outstanding bills that customer has with you? See “Payment Details” in the “Troubleshooting” section at the end of this chapter.



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