Invoice future Services
We are wedding florists so many of our bookings are into next financial year, sometimes 2 years ahead. I invoice these so as to keep track of when payments are due and record a payment on that invoice when deposit is made usually a week after the initial booking. The invoice stays open until the final payment is made. I use 'sales' as the account for this but it registers the whole amount of the wedding amount in the month that I form the invoice when in fact it wont be fully paid for maybe up to a year ahead.
What way can I overcome this? Thanks for any help!
