Your report should automatically add the column to the report. To add this column, you would click on Customize Report (near the top left), then scroll through the list under Columns on the first tab, and click on Amount, then click OK. The Amount column will show the original invoice amount, while the Open Balance will show only the amount still due on that invoice. One helpful option (especially when Customers will be paying in increments), is to add an Amount column to this report. It is currently December, and this project began in September. Let’s say Robert is an individual paying you to remodel his bathroom. Look back at the first picture and review the very first entry, for Allard, Robert. This feature is extremely helpful when you need to see which Customers owe you how much, and in deciding whether or not to extend further credit to a particular Customer. Second, it gives you a clear picture of what each Customer owes you. Why does this report matter? First, it gives a snapshot of the total amount of money due to your company. The Open Balance column shows the amount outstanding on each invoice (not the original amount of the invoice).There is an aging column, which will show how far overdue each invoice is (if it is overdue).Within each Customer section, the individual projects are totaled and then the entire amount due for the Customer is totaled.The amounts due are listed by Customer, and further sorted by project.This particular report is showing all open invoices for all customers as of today. The default status date is Today (current date) and that this can be changed to differing periods of time such as Last Month, This Fiscal Quarter, This Week, etc.This sample picture is only a portion of the entire report, but there are some pertinent items to note: Below is a sample portion of an Open Invoices Report for our sample company, Rock Castle Construction. In order to find the Open Invoices Report, you will click on Reports>Customers and Receivables>Open Invoices. While there are a few reports that will help you with assessing the expected income for a period of time, the Open Invoices Report offers a more customer-detailed look at what is owed to your company. This is where your income actually comes in to your company, providing a cash flow to continue operations. Working with customers and receivables is an integral part of running your business.

Open invoices