How to track donated inventory stock items by your business in QuickBooks

These are the specific steps you can follow in QuickBooks Online (available in plus plan only) if you are donating or giving away tracked quantity on hand inventory items. Create ZERO Value Sales Receipt for Inventory Items: 1. From the Home Page screen > click Create (+) Sign (top middle bar) > Customers > Sales […]

Owner paid a subcontractor with his own money. How to make sure Vendor shows up on 1099 and still able to write the reimburse check to the Company Owner

First, you will need to create a new dummy bank account. You will also need a due to the owner as a liability type account to use it for later reimbursement. Step#1 Use bank deposit form (create + sign > other > bank deposit) to record contributed amount by the owner to pay a contractor. […]

#QuickBooks – How do you print bank register in QBO

This feature is available although it is still on QuickBooks Labs stage right now. It is a part of the “New Registers” feature at the labs. To go to “QuickBooks Labs” and turn this feature on: From the home page screen Click Company Gear (upper right corner) Click “QuickBooks Labs” under Settings Turn on “New […]