QBO inventory is very basic —buy the item and sell the same item. So it is simple as 1-2-3. Create Products & Services as Inventory type item. Key fields to remember: a) Quantity of hand = “0” b) Inventory asset account = Inventory Asset (always this default account) c) Select “Income account” = Income type […]
You can use the Sample Company for Advanced try out the software which can be accessed at the following link: QuickBooks Online Advanced Test Drive.
Currently, Automated Sales Tax is for accrual-based accounting. In Manual Sales Tax feature, you can toggle between cash and accrual method.
One click (the “triple-bar” icon button next to the company name) and the left dashboards sidebar collapses.\nGain more screen real estate! Use the entire screen to display more data!
If the running balance on the QuickBooks Register (Dashboard > Accounting > Chart of Accounts > View Register) is not showing or showing N/A: 1) It is possible it’s being sorted by something other than Date column. It needs to be sorted by Date column to show running balance in QBO register. Click on the […]