How to Enter Money From a Collection Agency in Quickbooks

1). Launch Quickbooks Pro. Click "Customers" on the main menu bar. Select "Receive Payments" from the drop-down menu.
2). Enter the customer's name and job in the top half of the window. If the payment is for a particular job on your "Customers & Jobs" list, click the "Received From" drop-down list and choose the customer's name. If the collections agency set up a payment plan with a customer, you can set up the invoice to automatically apply credits by selecting the "Automatically Apply Credits" checkbox and clicking "OK."
3). Add "collections account" to the Memo section of the invoice. Next to "Check Number," add the customer's collections account number as a reference.
4). Choose the bank account into which you want to deposit this payment and click "Save & Close." The updated collections income will appear on the invoice.