Two-Party Checks in QuickBooks

QuickBooks can handle just about anything that you throw at it, but it’s not always intuitive how to do so. One of those areas is the two-party check. Last week, the Sleeter Group Blog gave us a look at how to receive a two-party check in QuickBooks.

Two-party checks are common in construction, but less so in other industries. Generally, it’s when a customer needs to pay a contractor as well as a supplier of materials or a subcontractor. The point of the two-party check is to get the supplier paid in a timely fashion, and to create a direct link from the job to the supplier. They’re also used to keep suppliers from filing liens when a contractor doesn’t pay a supplier.

Check out the post to find out how to handle these in QuickBooks.

Bernard Roesch About Bernard Roesch

Bernard Roesch is co-founder and Managing Partner of Mission Consulting. Bernard’s background in the early years of his career was spent in the manufacturing sector, making his QuickBooks perspective a unique one – he understands the intricacies of a complex environment and then applies his strategic skills accordingly.