"Set up and Track Prepaid Multiple Session Sales in #QuickBooks" via @HSatterley
Set up and Track Prepaid Multiple Session Sales...
Workflow Solution: Set up and track prepaid multiple session sales in QuickBooks Many service-based businesses sell multi-session packages to their customers, examples could be a massage therapist, personal trainer, chiropractor or even a sports complex. In these cases, the business owner needs to know how many sessions have been used by the customer and how many are still available to be used. You can set up and track these types of transactions in QBO and even automate the future transactions so that your financial statements are accurate. This method works well for an accrual basis business, meaning that the revenue isn’t recorded until the session is used by the customer. It will not reflect the correct revenue on a cash basis.accountantvip
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