Tag: Vendor
-
Can I change the default A/R or A/P account in QuickBooks Online
Can I change the default A/R or A/P account in QuickBooks Online QuickBooks Help QuickBooks Online (QBO) is not designed to work with multiple Accounts Receivable (AR) and Accounts Payable (AP) accounts. The initial AR and AP accounts, or those selected during conversion, will be the default accounts. We encourage our customers to merge their…
-
Copy an Estimate to a Purchase Order
[huge_it_slider id=”4″] Video Tutorial:
-
How do I fix unapplied cash payment income and unapplied cash bill payment expense
You may see two accounts for UNAPPLIED cash payments if you report Profit and Loss on a cash basis. It will automatically trigger these two accounts simply because you have entered certain deposit and payment transactions differently than normal flow in QBO. These two accounts are automatically added to the Chart of Accounts when the…
-
How does one print a memo line on a check
QuickBooks Online: How to Print a Memo Line on a Bill Payment Check QuickBooks Online: How to Print a Memo Line on a Bill Payment Check #QuickBooks #QuickBooksOnline #QBO #Vendor #Supplier #Bill #PayBills #PrintCheck #BillPaymentCheck When you enter a check (create + sign > check), there is a memo section on the bottom left the…
-
#QuickBooks #QBO What is the maximum digits you can use for a check number
A check number can be of up to 21 digits. To sign up QuickBooks for a free trial from US Canada UK and Australia, bookmark this URL link > www.newqbo.com/sign/ #QuickBooks Online
-
Where & how do I enter new W-9 information for sub-contractors in new QuickBooks Online?
Partial information from W-9 goes to Vendor Information screen. You need PLUS level subscription. Most important info is to enter tax ID and “track payments for 1099” checkbox. There is no way to actually attach actual W-9 form at this time. If you feel this feature should be added to future revision, please make your voice…
-
How should I really enter refund by a Vendor in new QuickBooks Online?
I followed the refund by a vendor. I entered as a deposit. But then it does not show in the vendor’s transaction listing. How should I really enter this type of transaction? At this point, they do not have have any designated way to record this transaction. It is just work-around approach to show in…
-
How do I apply a specific vendor credit when paying vendor bills? We have several vendor credits against this vendor.
Do not use “Paying Bills” feature when you want apply a specific vendor credit. It seems there is even a design flaws on “Paying Bills” feature when it comes applying a specific vendor credit when you’ve multiple vendor credits in Vendor’s account. Credit column provides no ability to select specific reference to available vendor credit. Alternative…
-
How to set up vendor payment term where all bills are due month-end of the following month? For example, April vendor bills are due on 31st of May.
To setup “Term” in new QuickBooks Online: From the homepage screen Select the Company Gear (upper-corner) Select “All Lists” under Lists heading Select “Terms” Select “New” button New Term screen will open Name = Due following month end (or name as needed) Select “Due following month end” Enter “31” day of month Under Due the…
-
How to post payment against a vendor before invoice received?
If you are trying to post payment by CHECK against a vendor/supplier before invoice received, see this will work for you. From the home page screen Select Create “+” sign (upper-middle) Select Check form under Vendors Select Vendor/Supplier and provide other information Select Account = Account Payable Under Account Details header Save This will leave…
-
How do I record negative (credit) Vendor (Supplier) Bill in new QuickBooks Online?
How do I record a negative Vendor bill? If it’s for vendor’s (or supplier’s) credit bill: Click Create “+” sign in the middle (see attached screenshot below for reference) Select “Vendor Credit” under Vendors It will leave a credit balance on Accounts Payable under Vendor’s Name. New QuickBooks Online Plus – How to enter various…
-
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 clear Vendor unpaid bills paid by other party or other loan payable account?
It involves one additional entry. Open new “Bank Clearing Account” under Bank type Go to Pay Bills (+ sign > Pay Bills under Vendor Heading) Select Payment Account = Bank Clearing Account Select Hand-written check (Starting Check No.) = some payment reference number (or Loan from..) Click Pay Bills button Next step is to write…
-
Where do I change the view to see inactive vendors and inactive customers?
From the blue navigation bar on the left Go to Customer center (or Vendor center) Go to “Settings” gear (located far right next to export to excel and print icons) Select to include inactive checkbox from the dropdown list (see screenshot photo for reference) If there is need to run inactive (or deleted) list/report Go…
-
How to create a purchase order, receive inventory, enter bill and pay bill to vendor?
To create Purchase Order: GO to “+” sign (top middle) Select Purchase Order Create Purchase Order To receive inventory and enter bill: GO to “+” sign (top middle) Select “Bill” under Vendors heading Select “Vendor” from the list (top left) On right side “Purchase Order” add to link pop-up Click “Add” link It will automatically…
-
QuickBooks Online – How to enter various expenses in QBO?
The tutorial video below explains how different expense transactions are entered in QuickBooks Online. It is a step-by-step process of learning how to enter expenses in QBO. This is probably the best in-depth video that covers vendor expenses in QuickBooks Online. I highly recommend you to watch it. Let me summarize the content of…