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How to Transfer Funds Between Bank Accounts in QuickBooks Online

By Tim Yoder on October 6, 2020 | Accounting, Accounting Software, How To

This tutorial will cover how to transfer funds between bank accounts in QuickBooks Online. We’ll show you how to record the transfer and then review or edit the transfer of funds in the bank account check register. Finally, we’ll discuss a faster way to record the transfer if the bank account is connected to QuickBooks…

6 Best Receipt Scanner Apps

By Tim Yoder on October 5, 2020 | Accounting, Accounting Software, Buyer's Guide

The best receipt scanner app can save time by recording expenses automatically and providing documentation of expenses in case of an IRS audit. Receipt scanner apps allow users to take a picture of a receipt―usually with their smartphone―transcribe the receipt using text recognition software, and then enter the transaction in the user’s bookkeeping software. Many…

How to Enter Bills in QuickBooks Online

By Tim Yoder on September 30, 2020 | Accounting, Accounting Software, How To

In this tutorial, you will learn how to enter bills in QuickBooks Online. Entering bills in QuickBooks Online allows you to track upcoming payments as well as provides up-to-date expense figures. Thank you for completing this free tutorial for QuickBooks Online, our best overall pick for small business accounting software. We recommend following along with…

How to Write & Print Checks in QuickBooks Online

By Tim Yoder on September 30, 2020 | Accounting, Accounting Software, How To

In this tutorial, you will learn to write and print checks in QuickBooks Online for bills that have not yet been entered. A later tutorial will cover how to pay bills that have already been entered in QuickBooks. We’re glad you’re completing this free tutorial for QuickBooks Online, our best overall pick for small business…

How to Create and Send Invoices in QuickBooks Online

By Tim Yoder on September 30, 2020 | Accounting, Accounting Software, How To

In this tutorial, you will learn how to create an invoice in QuickBooks Online. QuickBooks Online invoices can be converted from estimates or made from scratch, and then emailed to customers from within QuickBooks Online. Please enjoy this free tutorial for QuickBooks Online, our best overall pick for small business accounting software. The tutorial is…

How to Create Quotes, Bids, and Estimates in QuickBooks Online

By Tim Yoder on September 30, 2020 | Accounting, Accounting Software, How To

In this tutorial, you will learn how to create estimates in QuickBooks Online. Estimates can be used to provide quotes and bids to customers for proposed jobs. We hope you enjoy this free tutorial for QuickBooks Online, our best overall pick for small business accounting software. The tutorial is designed for you to follow along…

How to Receive Payments in QuickBooks Online

By Tim Yoder on September 30, 2020 | Accounting, Accounting Software, How To

In this tutorial, you will learn how to receive payments in QuickBooks Online while offsetting the accounts receivable created when you issued an invoice. The next tutorial will discuss how to receive a payment when no invoice has been issued. We’ll also discuss the importance of the undeposited funds account to group multiple checks into…

How to Create and Send QuickBooks Online Sales Receipts

By Tim Yoder on September 30, 2020 | Accounting, Accounting Software, How To

In this tutorial, you will learn when and how to generate a QuickBooks Online sales receipt while recording a customer payment. QuickBooks sales receipts should only be used when receiving a payment for which an invoice has not been issued. The prior tutorial discussed receiving payments for outstanding invoices. Thank you for completing this free…

How to Record Bank Deposits in QuickBooks Online

By Tim Yoder on September 30, 2020 | Accounting, Accounting Software, How To

In this tutorial, you will learn to record bank deposits in QuickBooks Online. Recording bank deposits in QuickBooks Online is a two-step process. First, checks from customers are received and placed in the Undeposited Funds account. Second, checks from the Undeposited Funds account are grouped and combined with noncustomer checks to create a single deposit….

Zoho Books vs QuickBooks: Price, Features & What’s Best

By Tim Yoder on September 29, 2020 | Accounting, Accounting Software, Versus

Zoho Books is one of more than 40 integrated apps by Zoho designed to manage all aspects of your business, whereas QuickBooks Online is the industry-leading all-in-one bookkeeping software. However, there is plenty of overlap in comparing the abilities of Zoho Books to QuickBooks Online. Zoho Books alone will provide for most of your bookkeeping…

8 Best Online Bookkeeping Services

By Tim Yoder on September 28, 2020 | Accounting, Accounting Software, Buyer's Guide

Online bookkeeping services help small businesses manage their bookkeeping, payroll, and tax needs. Whether you want to maintain some responsibility or outsource everything, we’ve done the bulk of the research for you and found a mix of the eight best virtual bookkeeping services. Top 8 Virtual Bookkeeping Services 2020 : Best overall online bookkeeping service…

Top 9 Bookkeeping and Accounting Tips for Small Business Owners

By Tim Yoder on September 28, 2020 | Accounting, Business Accounting, Tip List

Top 25 Bookkeeping Tips From The Pros

As a small business owner, it is critical that you are involved in the financial management of your business. Here are my top nine bookkeeping and accounting tips to keep things simple and to help you understand how accounting information can increase the success of your business. Why Bookkeeping Is Important Bookkeeping is more than…

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