![]() ![]() Thanks for your reply and the screenshot you've added, KPCW Radio. It's always my pleasure to help you out again. I'm only a post away if you need more help in changing the revenue account of your transaction. With the help of the reports, you can easily track your items in QuickBooks Online. ![]() You can also watch our tutorial to learn more about applying credit memos or delayed credits in QuickBooks Online.Īdditionally, in case you need to track your best sellers or the total sales for each product or service, you can utilize reports to see your sales and inventory status. Update the Income account associated with the item.įor more details, please see this article: Change the Account for a Product/Service Item.Select the item and click the Edit link under the Action column.Here are the steps in changing the account of your products and services: This way, both the invoice and the credit memo have the same revenue account. Let's edit the Income account on the Product and Services page, KPCW Radio. ![]() Stay in touch if you still have follow-up questions. Also, here's a guide on how to add a new product or service item: Add product and service items to QuickBooks Online. Ĭheck this article for more information: Change the account for a product/service item. When you're done, select Save and Close.Select the Income account ▼ drop-down and the account you want to use to track the sale.Click on New and set the type of this Product/Service.Go to the Sales menu and select the Products and services tab.Here's how to add a new product or service item: From the Income account ▼ drop-down, choose the account you want to use.Click Edit under the Action column of the product.Go to Gear icon ( ⚙ ) and click on Products and Services.Here's how to edit the Income account of the product/service: It will be the one that you'll use for your credit memo. You can also create a new Product/Service and then set the Discount account as the Income account. Let me share additional information on how to update the income account, can update the Income account for this product that you've added in your invoice and credit memo. ![]()
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