How can I document money taken out of personal checking to pay for some initial expenses?

Once you have transferred money from your personal to business checking account, this is how you will need to record the deposit in new QuickBooks Online. Click “Plus” icon menu Select Bank Deposit from “Other” menu Choose the correct bank account (if you have more bank accounts) Select correct date of deposit Received From = […]

How can I see if a Customer has opened/viewed an Invoice in new QuickBooks Online?

Select the blue navigation bar on the left Select Customers Center Locate Customer and click “Open Invoices” under Pending Invoices column Under Status column you will notice either “Open (Viewed)” or Open (Sent)” That’s your confirmation if the invoice has been viewed or not. See attached screenshot photo below for reference. This is one of […]

I need to track revenues and expenses across multiple lines of business. Does QuickBooks Online Plus support profit and cost centers?

You can establish Profit and Cost Centers by enabling Class tracking feature in new QuickBooks Online Plus. To enable Class tracking feature: From the Home page screen Select the Company Gear (top upper corner) Select Company Settings under Settings header Select Company Select/Double Click to enable “Track Classes On” under Categories

How do I void an outstanding check from a previous period and re-issue a replacement in the current period without having to re-state financial statements?

I understand you are not asking just how to void and re-issue check. Your accounting question which involves few steps in QuickBooks online plus or desktop version for that matter. For this example, let us say you wrote a check, void original check and reissue on 12/16/2013. Vendor: AT&T Date: 9/15/2013 Amount: $100.00 GL Account: […]

How to view all uncleared / uncashed checks in new QuickBooks Online?

To check the status on a check you can run a Check detail report Select the blue navigation bar on the left Select Reports Go to Report (magnifying glass) and type Check Select “Check Detail”from the dropdown selector list This report will provide all issued checks. Once report is open click Customize button (top left […]

Where is the bank register in new QuickBooks Online?

Where is the bank register in new QuickBooks Online? From the Home page screen Go to the blue navigation bar on the left Select Transactions Select Registers Locate the bank account on Registers list Double click the bank account “Find in Register” button (top upper right) “Customize” button column (top left) “Go to Ref # […]

How do I toggle between Voucher Checks and Standard (3 part) Checks in new QuickBooks Online?

From the Home page screen Go to Transactions (left blue navigation bar) Select Print checks Click on Alignment and Setup to change the check type You can do this as often as you need to

Where can I find recurring transactions in new QuickBooks Online?

From the Home page screen Select Company Gear (top upper corner) Select Recurring Transactions under Tools header They have three template types of recurring transactions: Scheduled Reminder Unscheduled You can also create new recurring transactions from here by clicking NEW button. They have the following interval to set up: Daily Weekly Monthly Yearly You can […]

Where to enter credit for returned items or purchases in new QuickBooks Online?

(1) Try “Vendor Credit” form (from create “+” sign > Vendor Credit under Vendors header) If you are using “Enter Bill” form to enter vendor bill and returning to the same vendor, you could use Vendor Credit form. It will show negative Vendor balance. (2) For returning credit for Credit Card purchases > use Credit […]