A common question – someone creates a new invoice and saves it, and the “Paid” stamp shows up even though a payment hasn’t been received.
Note that QuickBooks considers any invoice with a zero balance to be “Paid”, usually. So if you create a new invoice but haven’t entered an amount yet, it is going to show up as “Paid”.
About the Author (Author Profile)
Charlie Russell is the founder of CCRSoftware. He’s been involved with the small business software industry since the mid 70’s, focusing on inventory and accounting software for small businesses. Charlie is a Certified Advanced QuickBooks ProAdvisor. Look for Charlie’s articles in the Accountex Report blog, as well as his California Wildflower Hikes blog.