1 03, 2019

Does keeping track of accounting matter?

By |2019-03-01T20:25:58+00:00March 1st, 2019|Categories: Business Ownership, QuickBooks Desktop, QuickBooks Online, QuickBooks Review, QuickBooks Set Up, QuickBooks Training|0 Comments

https://youtu.be/xdULaLdsGTA   Does keeping track of your accounting matter? Accounting is important as it helps you track the financial health of your business. All too often business owners view their bank balance or worse, the gross sales, as a measure of their success. If you’re not tracking the expenses of the business you won’t know how [...]

16 11, 2018

Multiple credit cards on one statement

By |2018-11-16T22:07:28+00:00November 16th, 2018|Categories: QuickBooks Desktop, QuickBooks Online, QuickBooks Training|0 Comments

Managing Multiple Credit Cards on one Billing Statement Each month when the PDF statement comes in from BANK you'll reconcile all three accounts. Here is a breakdown on how to do this: Person A card: Download and classify the expenses for this card, these should appear in the banking tab under the name "PERSON A card" [...]

13 11, 2018

Issuing a Client a Refund in QuickBooks Online

By |2018-11-13T22:33:26+00:00November 13th, 2018|Categories: QuickBooks Desktop, QuickBooks Online, QuickBooks Training|0 Comments

Issuing a Client a Refund in QuickBooks Online   1: Click on the Quick Create (plus sign) in the upper right corner of the screen. 2: Click on Refund Receipt under the column called Customers 3: Fill in the refund receipt Customer name Refund date Payment method (for the refund, not how they paid you) Source of the [...]

13 11, 2018

Create an Invoice using QuickBooks Online

By |2018-11-13T22:33:08+00:00November 13th, 2018|Categories: QuickBooks Online, QuickBooks Training|0 Comments

Create an Invoice using QuickBooks Online There are various ways to do this, I’m going to show you one.   1: Click the plus sign (quick create) in the upper right corner of QBO.   2: Click on invoice under the column labeled customers   3: Fill in the invoice Customer Name Terms Invoice Date Product/Service being sold Quantity being [...]

13 11, 2018

Combining multiple payments into a single deposit in QuickBooks Online

By |2018-11-13T19:20:05+00:00November 13th, 2018|Categories: QuickBooks Desktop, QuickBooks Online, QuickBooks Training|0 Comments

Combining multiple payments into a single deposit in QuickBooks Online   1: Click on the plus sign (Quick Create button)   2: Click bank deposit under the column of other   3: Select (check) the individual payments that equal the deposit that went into the bank  4: Click save and close (or save and new) 5: When you open the downloaded [...]

13 11, 2018

Correcting Income Recorded Twice in QuickBooks Desktop

By |2018-11-13T18:41:59+00:00November 13th, 2018|Categories: QuickBooks Desktop, QuickBooks Online, QuickBooks Training|0 Comments

Correcting Income Recorded Twice in QuickBooks Desktop (once as a sale receipt/invoice and once as a deposit into the register)   Identify the sales recorded in the register as income (and not as a sales receipt or invoice payment).  There are multiple approaches to this, I’m going to show you one. 1: Generate the profit and loss [...]

10 11, 2018

Applying Client Prepayments in QuickBooks Online

By |2018-11-10T23:25:17+00:00November 10th, 2018|Categories: QuickBooks Online, QuickBooks Training|0 Comments

Applying Client Prepayments in QuickBooks Online If a client is prepaying for services, such as a monthly deposit for services incurred during the month you might choose to apply a credit to their account and then deduct invoices from that credit.  Below are instructions on how to do this. 1: Click on the Quick Create menu [...]