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Ask a question, share an idea, or report a problem about FreeAgent Central tagged "retainer" See all FreeAgent Central tags

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richallum
3 people have this question 5 Replies

Retainers on invoice.
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How do I account for a retainer on an invoice which has been paid? We have clients who pay us £X per month by standing order. IN addition, we do extra work for them during the month. WE invoice at month end and it will look something like:

Retainer: £100
Extra work: £500

The £100 will have been paid so they only owe us £500. How should I show this on the invoice.

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Ed Molyneux (Official Rep) last replied on May 19, 2008 20:13

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