QB Issue Resolution:

For this: “This will not work because the inventory reduction should be booked at the time of the sale.”

You make the One Invoice for the total sale.

Make an Other Charge Type Item and link it to Other Current Asset. Use this on a Credit Memo for the date of the invoice and Apply it to the invoice. This is Customer Finance activity, not AR.

Use that same Other Charge item on an estimate for the Total they owe you.

Now every month you can invoice for $100 = progress invoicing, selecting from the Estimate. Each invoice has its own due date. Do this until the estimate is 100% invoiced.

Resolution for Issue 'Is there a way to create an invoice for $1,000 with payment terms of $100 per month and track if a customer’s payments are timely? .' available: Yes (Solved).
Source: Intuit Community forum.

Is there a way to create an invoice for $1,000 with payment terms of $100 per month and track if a customer’s payments are timely? .: this issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the issue yourself by looking for a resolution described below. If it is a complex issue or you are unable to solve the issue, you may contact us by clicking here or by using other support options.

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