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Updated about 5 years ago, 11/09/2019
Section 8 accounting question with Quickbooks
Tenant pays, say $300. Housing authority pays, say, $700.
When recording the $700 payment, do you create a new customer for that tenant/HA combo or just have all HA payments from a single "Housing Authority" customer? Or just ignore the source and say that the payment came from the tenant and put a note "from housing authority".
There's an extra step applying a separate customer payment against a rental invoice created for the tenant.
Any thoughts?