QuickBooks Online 2021. Now, receive payment and make related deposits. Let’s get into it with Intuit QuickBooks Online 2021. Here we are in our get great guitars problem, we’re going to be recording the customer payment and related deposits. So in other words, if I hit the drop down here, we have the customer information, we had an invoice in the past, now we’re gonna have the payment on that invoice, we’re going to take those those payments that we have received in the money now in undeposited funds, and then deposit them into the bank.
Posts with the account tag
Deposit From Sales Receipt & Receive Payment Forms 7.35
QuickBooks Online 2021 deposits, recording deposits that are going through the sales receipt form and the receive payments form and going through undeposited funds. Let’s get into it with Intuit QuickBooks Online 2021. Here we are in our get great guitars a practice file, we’re going to be recording deposits. Before we do so let’s open up some of our reports being the balance sheet income statement trial balance, going up top to the tab, right clicking on the tab and duplicating the tab, we’re going to do it two more times. Right clicking on the tab again, duplicating the tab one more time right clicking on the tab and duplicate the tab, we’re then going to be opening up the trial balance in the tab to the far right by going to the reports on the left hand side.
Adjust Opening Balance Equity Accounts 6.85
QuickBooks Online 2021 adjust opening balance equity accounts. Let’s get into it with Intuit QuickBooks Online 2021. Here we are in our get great guitars a practice problem, we’re going to continue on entering our beginning balances into our QuickBooks system. In prior presentations, we’ve been taking this trial balance, we’ve been entering all the beginning balances in these accounts, our objective and goal being to enter the beginning balance account by account, and then having the other side be placed by QuickBooks in the equity section in one way or another, either by putting it into the default account of opening balance equity, or into an income statement account as of the prior year to the one that we’re going to start our business in.
724 Economic Ordering Quantity (EOQ) Prob 2 6.80
QuickBooks Online 2021. Now, opening balances and add accounts to chart of accounts. Let’s get into it with Intuit QuickBooks Online 2021. Here we are in our get great guitars practice file, we’re going to be continuing to enter our beginning balances and add any necessary accounts to do. So if we go back on over to our trial balance, we’ve been entering those balances that have kind of like special needs as we enter the beginning balances.
Write Checks for Expenses & Prepaid Assets 7.55
QuickBooks Online 2021. write checks for expenses and prepaid assets. Let’s get into it with Intuit QuickBooks Online 2021. Here we are in our get great guitars practice file, we’re now going to take a look at some common expenses and prepaid assets expenditures. So to do this, let’s open up our forms first. And to do that, we’re going to be duplicating our tabs up top, right click in the tab, duplicate this tab, we’re going to make three tabs this time, going back up top right clicking again, duplicate again, right click, and again, duplicate again.
Sales Receipt Payment Received at Point of Sale 7.30
QuickBooks Online 2021 sales receipt payment received at point of sale. Let’s get into it with Intuit QuickBooks Online 2021. Here we are in our get great guitars practice file where we’re going to be entering some sales receipts before we do so let’s open up our financials balance sheet income statement and trial balance. So we’re gonna duplicate some tabs up top right clicking on the tab, duplicate it, going to do it again, right click on the tab duplicate one more time, right click on the tab and duplicate.
Use Purchase Order to Make Check or Expense Form 7.18
QuickBooks Online 2021 use purchase order to make a check or expense form. Let’s get into it with Intuit QuickBooks Online 2021. Here we are in our get great guitars practice file, we’re now going to be recording the receipt of the inventory and actually writing a check or expense form for it. To do this, or before we do this, let’s open up some reports, we’re going to open up the balance sheet income statement and trial balance by right clicking on the tab up top and duplicating it, we’ll do it two more times, right click on the tab top duplicated again, and then right click on the tab up top.
Purchase Depreciable Asset & Make Investment in Securities 7.10
QuickBooks Online 2021. Purchase depreciable asset and make investment in securities. Let’s get into it with Intuit QuickBooks Online 2021. Here we are in our get great guitars practice file, we’re going to be opening up our balance sheet income statement and trial balance we’re going to do so by adding three new tabs up top, I’m going to right click on the tab up top duplicate, going to do it again, right click on the tab up top duplicate, and then right click on the tab up top one more time and duplicate again, the one on the far right, this is where I’m going to open up the trial balance.
Deposits From Owner & Loan 7.05
QuickBooks Online 2021. Now, deposits from owner and from alone. Now, let’s get into it with Intuit QuickBooks Online 2021. Here we are in our get great guitars practice file, we’re now going to move on to some data inputs starting with a deposit from the owner and a deposit from a loan. Let’s first take a look at our financial statements, we’re going to be opening up the balance sheet, the income statement and the trial balance, I’m going to make three new tabs up top by right clicking on the tab, duplicating it, we’re going to duplicate it again, right click and duplicate and then one more time duplicating again.
Account & Settings – Expenses, Payments, & Advanced Tabs 6.25
QuickBooks Online 2021 account and settings, expenses, payments and advanced tabs. Let’s get into it with Intuit QuickBooks Online 2020. Here we are in our get great guitars practice file, we’re going to be continuing on with what would be similar to the preferences in the desktop version by going up to the cog up top in the upper right, going into the your company column. And taking a look at the account and settings group. We last time looked at the company tab, the billing and subscription tab, the usage tab, the sales tab.