Smarter Numbers, Brighter Future.
Revolutionizing Accounting and Finance with AI.
-
How do I edit rename a sales tax agency in QBO
To edit and rename the Agency paid for Sales Tax in Sales Tax Center: 1. Click on Sales Tax (or under taxes) at left navigation bar. 2. Right below the Agency name is a blue link to rename. (Screenshot 1 below). 3. Then enter the Agency name so when you write a Sales Tax Payment…
-
How do I add this one-time bonus properly to Quickbooks payroll
This is how to handle employee bonus in QuickBooks Payroll. You will first need to add a Bonus type under the employee profile and then you run either just a Bonus check alone or the regular check with the Bonus amount. You will need to take the following steps to process the bonus check: To…
-
Where does QBO get its currency exchange rates from
It’s part of the currency settings at the Company Gear at upper right corner. From the home page > Gear at the upper right corner > Your Company > Account and Settings > Advanced > Currency > ON Manage Currencies > Edit currency exchange (or revalue currency drop-down arrow under action column). OR From the…
-
QuickBooks Payments – Card verification value (CVV) Required
Changes to your QuickBooks Payments account beginning in October 2016. Beginning in October, all keyed transactions will require card verification value (CVV) in order to process. What is changing? All transactions where the credit card number is keyed will require CVV. The CVV for Visa or MasterCard are the last three digits of the number…
-
Step-by-Step Guidance: create sales receipt template with bundle and enter daily sales summary
In this free video tutorial, you will learn step-by-step instructions on how to create sales receipt template using bundle feature and also how to enter daily sales summary using that template. This video tutorial is specifically designed for retail, service and restaurant businesses. If you’re a bookkeeper or office staff whose job tasks include entering…
-
How to merge vendors suppliers with transactions
You can merge vendors, QuickBooks deletes one vendor and reassigns all its data to another vendor. IMPORTANT: YOU CANNOT REVERSE A MERGE AFTER THAT. In the left navigation bar, click Vendors. Select the vendor whose name you don’t want to use. Click Edit. Change the vendor’s Display Name so that it is the same as…
-
QuickBooks Online France Test Drive Demo Company
Test Drive QuickBooks Online — See below for links NEW 2022 QuickBooks Online Tutorial videos: QuickBooks Online Tutorial 2022 — Navigation | Setup | Managing Transactions | Books Review | Reports QuickBooks Online 2022 – BANK FEEDS Tips & Tricks – How to BULK CATEGORIZE Expense Transactions QBO QuickBooks Online 2022 Tutorial —…
-
QuickBooks Online India Test Drive Demo Company
Test Drive QuickBooks Online — See below for links NEW 2022 QuickBooks Online Tutorial videos: QuickBooks Online Tutorial 2022 — Navigation | Setup | Managing Transactions | Books Review | Reports QuickBooks Online 2022 – BANK FEEDS Tips & Tricks – How to BULK CATEGORIZE Expense Transactions QBO QuickBooks Online 2022 Tutorial —…
-
Why mark it billable to a customer and select “track returns for customers” box on a bank deposit
This has to do with reflecting accurate direct expenses related to customers on Income by Customer Report. If you are depositing a vendor/supplier refund for an expense that was previously Billed to a customer, select “Track returns for customers” box and choose that same customer on the deposit and mark it Billable. For example, if…
-
How do you apply customer payment that has a merchant fee to an invoice in QBO?
You will need to group both your deposit and fee together so your deposit in QBO matches the bank deposit that was made in real life. Here’s how to handle it in QBO at this time: RECEIVE PAYMENT Create an Invoice for your customer as you normally would. From the home page screen, click the…
-
Converted to a new accounting system from QBO. What QBO data do I need to keep in the event of an audit?
Here is a list of reports I recommend to have it on record (export to excel, or save as pdf) before canceling the QBO subscription: General Ledger (All Dates). Depending upon the file size limits, it may need to be downloaded in batches. Trial Balance by Fiscal Year Ending Bank Reconciliation Reports (for last three…
-
How do you match a deposit to a receipt when the credit card refund is more than the actual deposit
Example: We received a credit card payment from customer A ($334.00) and sent a credit card refund ($1,000.00) to customer B on the same day. This resulted in a net negative deposit ($666.00) from our credit card merchant provider. How to match a refund receipt and a regular receipt to properly match the deposit in…
-
QuickBooks Online QBO Tutorial for Beginners – August 2016
How would you like to learn QuickBooks in 90 minutes? This FREE video tutorial is specifically designed for beginners in mind. You will learn QuickBooks Online the right way from the start. It covers all the basics you need to learn and offers some helpful tips. If you are looking for step-by-step educational guidance and…
-
How to track donated inventory stock items by your business in QuickBooks
NEW!! QuickBooks Online Inventory Deep Dive These are the specific steps you can follow in QuickBooks Online (available in Plus and Advanced plans only) if you are donating or giving away tracked quantity of on-hand inventory items. Create ZERO Value Sales Receipt for Inventory Items: 1. From the Home Page screen > click Create (+)…
-
Handling Multiple Vendors Refund Checks Deposit in QBO
-
QBO Issues: Costco’s switch from American Express to Citibank Visa
Helpful articles Costco American Express has moved to Costco Citibank – Error 324 As of June 20th, 2016 Costco has ended their partnership with American Express and started a new partnership with Citibank. This impacts customers using Quickbooks Online and have their Costco American Express credit card connected to their account. Customer using the Costco…