Match Function in Bank Feeds (QuickBooks Online)

By |2019-06-27T16:51:55+00:00July 17th, 2019|Categories: QuickBooks Online, QuickBooks Training|

Using the Match Function in Bank Feeds When financial transactions are downloaded into QuickBooks Online (via bank feeds) they are sometimes "matched". This means that the downloaded transaction in the same dollar amount and the same or a similar date as a transaction that was previous entered into QuickBooks Online.  To process the matched transactions: Linking [...]

Record Interest Income into QuickBooks Online

By |2019-06-27T16:51:19+00:00July 10th, 2019|Categories: QuickBooks Online, QuickBooks Training|

Record Interest Income in QuickBooks Online While it may not be much, you are probably earning some interest from your bank. You need to track this income. These instructions will help you do this within QuickBooks Online. Recording Interest Income Click the quick-create / plus symbol in the upper right corner. Click on bank deposit under [...]

Record WA DOR excise and sales tax payment in QuickBooks Online

By |2019-06-27T16:50:37+00:00July 3rd, 2019|Categories: QuickBooks Online, QuickBooks Training|

  Record WA DOR excise and sales tax payment in QuickBooks Online When you file the WA State Department of Revenue tax return, you'll likely have excise tax and sales tax. If that's the case for business you'll need to record this tax payment in the sales tax module of QuickBooks. These instructions will help you [...]

Reconcile the bank QuickBooks Online

By |2019-06-27T16:46:30+00:00June 26th, 2019|Categories: QuickBooks Online, QuickBooks Training|

  Reconciling a bank register in QuickBooks Online Most of us have our online banking connected with QuickBooks Online so why reconcile?  The reason we reconcile is to ensure we have all of our expenses and deposits recorded and that we are not missing any deposits or expenses. Yes, the downloaded data should be enough but [...]

Record Deposits into an Income Account In QuickBooks Online

By |2019-06-27T16:43:10+00:00June 19th, 2019|Categories: QuickBooks Online, QuickBooks Training|

Record Income in QuickBooks Online There are three primary ways to record income into QuickBooks Online: Sales receipt Invoice Deposit If you do not need to track the items sold or the client they are sold to, you will likely choose method #3. This is where the bank deposits are not linked to a previous recorded [...]

Record Expenses In QuickBooks Online

By |2019-06-27T16:41:09+00:00June 12th, 2019|Categories: QuickBooks Online, QuickBooks Training|

Record Expenses in QuickBooks Online If a bill is going to be paid immediately or will be tracked using some other method such as piling it up on the corner of your desk, an expense will be used instead. . These instructions will help you do this within QuickBooks Online. Paying One-Time Expenses QuickBooks Online (Use [...]

Record a Bill Payment in QuickBooks Online

By |2019-06-27T16:42:27+00:00June 5th, 2019|Categories: QuickBooks Online, QuickBooks Training|

Record a Bill Payment in QuickBooks Online If you are tracking your bills in QuickBoos Online, you also need to track the payments for those bills in QuickBooks Online.   These instructions are for recording the payment, they are not for using bill.com which is integrated into QuickBooks Online.  (If a bill is going to be paid [...]

Enter a Bill From a Vendor(QuickBooks Online)

By |2019-05-31T16:09:53+00:00May 30th, 2019|Categories: QuickBooks Online, QuickBooks Training|

Enter a Vendor Bill in QuickBooks Online For some businesses they need to track bills to be paid at a later day, to do this bills is used.  (If a bill is going to be paid immediately or will be tracked using some other method such as piling it up on the corner of your desk, [...]

Create a Sales Receipt (QuickBooks Online)

By |2019-05-31T16:07:54+00:00May 23rd, 2019|Categories: QuickBooks Online, QuickBooks Training|

Create a Sales Receipt in QuickBooks Online For some businesses they need to track customer purchases that are paid for immediately, to do this a sales receipt is used.  (An invoice is used for purchases the client will pay for later.)  These instructions will help you do this within QuickBooks Online. Entering a Sales Receipt Click [...]

Writing off Bad Debt in Accounts Receivable (QuickBooks Online)

By |2019-05-22T05:24:24+00:00May 16th, 2019|Categories: QuickBooks Online, QuickBooks Training|

Writing off Bad Debt in Accounts Receivable Occasionally businesses find themselves in the position of writing off client invoices that will never be paid. These instructions will help you do this within QuickBooks Online. These steps are set up and will only be performed once. Set Up the Item "bad debt" in QuickBooks Online: Click on [...]