In this tutorial, you’ll learn how to set up, or change, your company information within QuickBooks Online. We’ll discuss the various physical and email addresses that QuickBooks allows and the unique purpose of each address. You’ll also enter your information to be printed on tax forms, such as Form 1099 and payroll tax returns. Congratulations…
How to Run an Accounts Receivable Aging Report in QuickBooks Online
This tutorial presents the steps to run an accounts receivable aging report in QuickBooks. A QuickBooks aging report separates the amount due from your customers, referred to as accounts receivable (A/R), into groups based on how many days they are overdue. The accounts receivable aging report is useful for both identifying problem receivables that might…
QuickBooks Online vs Desktop: Which Is Right for You?
A key difference between QuickBooks Online and QuickBooks Desktop is that you can access QuickBooks Online from any computer or mobile device connected to the internet, and it’s easy to share data with your accountant. QuickBooks Desktop must be installed on your computer, which offers faster navigation and data input but a limited ability to…
How to Record Credit Card Sales With a Third-party Credit Card Processor in QuickBooks
In this tutorial, we’ll show you how to record a customer credit card payment that was accepted through a credit card processor not integrated with QuickBooks. To record credit card sales in QuickBooks, you need to record the payment, processing fee, and deposit. Thank you for taking the time to learn QuickBooks Online, our best…
What Is QuickBooks & What Does It Do?
QuickBooks is the most popular small business accounting software businesses use to manage income and expenses and keep track of the financial health of their business. You can use it for invoicing customers, paying bills, generating reports, and preparing taxes. The QuickBooks product line includes several solutions that work great for anyone, from a freelancer…
How to Run a Statement of Cash Flows in QuickBooks Online
This tutorial provides the steps to run a cash flows report in QuickBooks Online, also referred to as a Statement of Cash Flows. The Statement of Cash Flows is a financial statement that shows the sources and uses of cash over a specified period of time. Congratulations on your decision to learn QuickBooks Online, our…
How to Run a Profit and Loss Report or Income Statement in QuickBooks Online
This tutorial provides the steps to run a QuickBooks Profit and Loss Report, often referred to as an Income Statement. The Profit and Loss Report is an essential financial statement that shows your business’s income and expenses for a specified period of time. We’re glad you’re learning QuickBooks Online, our best overall pick for small…
How to Create a Balance Sheet in QuickBooks Online
In this tutorial, you’ll learn the steps to create a Balance Sheet in QuickBooks Online. The balance sheet is an important financial statement that is a snapshot of what your business owns and owes, usually at the end of an accounting period. We’re excited you’ve decided to learn QuickBooks Online, our best overall pick for…
How to Process Credit Card Payments in QuickBooks Online
In this tutorial, we’ll show you how to process a credit card payment in QuickBooks Online using QuickBooks Payments (formerly known as Intuit Merchant Services). When you accept credit card payments in QuickBooks Online via QuickBooks Payments, the revenue, cash received, and processing fee will be reflected in the proper accounts automatically after the payments…
How to Enter a Credit Card Refund in QuickBooks Online
In this tutorial, we’ll show you how to enter a credit card refund in QuickBooks Online. When you pay a vendor with a credit card and that charge is eventually reversed or reduced, you’ll need to reduce your credit card balance by the vendor credit. Thank you for taking the time to learn QuickBooks Online,…
How to Reconcile Credit Card Accounts in QuickBooks Online
This tutorial will teach you how to reconcile your credit card in QuickBooks Online. Reconciling your credit cards is a crucial step in good bookkeeping to ensure that the credit card activity in QuickBooks matches the activity on your credit card statement. But don’t worry: this tutorial shows how QuickBooks makes credit card reconciliation easy….
How to Enter Credit Card Transactions in QuickBooks Online
In this tutorial, we’ll show you how to enter credit card charges in QuickBooks Online. Entering credit card transactions manually is necessary if you can’t connect your credit card account to your QuickBooks Online account, or you need up-to-date financial information. We’re happy you’re taking the time to learn QuickBooks Online, our best overall pick…