Payroll Setup 6.87


QuickBooks Online 2021 payroll setup, let’s get into it with Intuit QuickBooks Online 2021. Here we are in the get great guitars practice problem, we’re going to be looking into the setting up of the payroll, we’re not going to get into a lot of detail on the payroll for a few different reasons. One is that because it’s an add on feature, typically something you have to pay more for.


Enter Purchase Order P.O. 7.17

QuickBooks Online 2021, enter purchase order, or P OE. Let’s get into it with Intuit QuickBooks Online 2021. Here we are in our get great guitars practice file, we’ll be entering a purchase order, we’re not going to be opening up the financial statements because if I opened this plus button or the New button, unlike any of the other forms here in the customers, vendors or employee cycles, the purchase order does not have an impact on the financial statements. In order to see that, let’s review it with our flowchart which is on the desktop version.


Financial Reporting After a Business Combination

In this presentation, we will discuss financial reporting, after a business combination, get ready to account with advanced financial accounting, financial reporting, after a business combination, show the combined entity starting on the date of combination and going forward. So in other words, we probably when we’re imagining this type of scenario, we’re going to say, Okay, I see how this all works out here. And then we imagine this happening if we have a calendar year in a calendar, fiscal year, January through December, we say, Alright, the purchase happens, it will just apply it to January out through December. But obviously, that’s not always the case here. What happens when we have that interim kind of transaction where the purchase happened sometime in the middle of the of the fiscal year then that adds some bit of a complication. So you want to think about this in terms of a clean, you know, year, if it happened at the beginning of the fiscal year in combination, and then you know, what would happen if it did not happen at the beginning of the fiscal year, so if a combination of During a fiscal period, revenue earned by the acquire II before the combination is not reported in revenue for that combined enterprise. So you can see that can add a bit of complication with regards to that reporting