QBO: How do I make employee payroll reimbursement for expenses they incurred on behalf of the company

To set up a single reimbursement pay type for an employee: Click on the Employees tab Click the name of the employee Click on the pencil icon beside Pay Click Additional pay types Click the arrow Even more ways to pay Check the box for Reimbursement Click Done This is useful if you separately track […]

How to import credit card transactions from Excel CSV (.csv) file into QuickBooks Online?

The short video (below) will show you step-by-step instructions on how to import credit card transactions from Excel CSV file into QBO so that you will not import transactions the wrong way. Confusion has to do with bank account field and Quickbooks field screen. It is the same field name for bank download as well […]

Compare merchant credit card processing fees

It is time to compare merchant credit card processing fees again. Announcement today of Amazon’s new “Local Register” payment system, will that have price effect on other merchant processors. Here is the pricing comparison chart: Amazon Local Register Intuit Go Payment

How to get QuickBooks mobile app and upload expense transactions with receipt attachment?

To get mobile app for iPhone, iPad and Andriod, vist this website: http://qboblog.com/links/ To get your receipt uploaded and expense recorded to QuickBooks Online: Sign into your QuickBooks Online mobile app Select your company Click the Create (+) in the upper right Select Expense from the menu that appears Click the blank square field towards […]

How to add Billable Hours and Rate to Invoices from Timesheets (Employee or Contractor) in new QuickBooks Online?

You can get there by clicking the Customize button tab at the bottom (middle section) of the Invoice, Estimate, and Sales Receipt. Select “More” > Check boxes to show Billable to include employee name, hours and rate. You can also get there from the Company Gear (upper-corner) > Company Settings under Settings header > Sales […]

How to set it up and enter bank Line of Credit (LOC) transactions in new QuickBooks Online?

To track a line of credit (LOC) extended to your business, create a liability account with an opening balance of zero in your Chart of Accounts. From the Home page screen Go to the Company Gear (right upper-corner) Select Chart of Accounts under Settings header Select blue “New” button (right corner) New “Account” information screen will open Category […]

How do I enter historical expenses (already paid for) for 2013 to get started in new Quickbooks Online?

In order to enter historical expenses, stay with these two specific forms: Click “+” plus icon > select “Expense” under Vendors menu Click “+” plus icon > select “Check” under Vendors menu Expense Form: You can use this form to enter Debit card, ATM Card, EFT, Wire transfer or any banking related withdrawals or charges […]

How do I set up to pay owner? How do I show funds paid to owner in new QuickBooks Online?

Create Owner’s Draw account under Equity type Click Gear Select “Chart of Account” under Settings Select “New” button Category Type = Equity Detail Type = Owner’s Equity Name = Owner’s Draw Save New QuickBooks Online Plus – How to enter various expenses in new QBO? QuickBooks Online (QBO) Tutorial – Customer Invoice, Sales Receipt, Receive Payment, Bank Deposit

What is the different between Expense form and Check form under Vendors heading in new Quickbooks Online?

Check form is to record written manual checks or to enter computer checks to be printed. This entry will reduce bank balance. Expense form is to record all banking withdrawal type transactions except Check. New QuickBooks Online Plus – How to enter various expenses in new QBO? QuickBooks Online (QBO) Tutorial – Customer Invoice, Sales […]

How to make Journal Entry line items billable?

In QBO, there is no way to make Journal Entry billable like in QB desktop version. Instead, you will to enter as vendor expense, check, or bill. Then you can make it billable expense to customer or client.