QuickBooks Online 2021 bank reconciliation month one, in other words, the first bank reconciliation for our data input as we entered into the QuickBooks on line system, we’re going to be focusing in on the report, the bank reconciliation report. Well, let’s get into it with Intuit QuickBooks Online 2021. Here we are in our get great guitars a practice problem, we’re now going to take a look at the bank reconciliation report after the first month of the bank reconciliation process to do so let’s first open up our report, go to the tab up top right click on it, duplicate that tab, we’re going to be opening up then our balance sheet report going down to the reports.
Posts with the Balance sheet tag
Populate Invoice From Billable Item on Bill Form 8.40
QuickBooks Online 2021 populate invoice from billable item on a bill form. 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 setting up an invoice which we will populate from a bill that we set up in a prior presentation making an item on it billable to look at the scenario, let’s go over to the desktop version just to take a look at the flowchart. You don’t need the desktop version here. But we’re just going to take a look at the flowchart to run down the scenario here.
Apply Customer Deposit (Credit) to Invoice 8.35
QuickBooks Online 2021 applied customer deposit or credit to an invoice. In other words, we got a pre payment from a customer in the past which we will now apply in the format of a credit to the invoice that we will create to complete the sale complete the transaction. 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 creating an invoice for a customer who made a deposit in the past. Let’s first open up our financial statements, we’re going to right click on the tab up top and duplicate it.
Advanced Customer Deposit Payment 8.30
QuickBooks Online 2021 advanced customer deposit payment. Let’s get into it with Intuit QuickBooks Online 2021. Here we are in the get great guitars practice file, we’re going to be recording a pre payment from a customer or a deposit sometimes called unearned revenue. So let’s first open up our balance sheet and income statement reports. We’re going to go up top right click on the tab up top, duplicate, we’re going to duplicate again, right click on the tab up top and duplicate again. So we got the double duplications.
Record Sales Receipt & Make Deposit 8.25
QuickBooks Online 2021 record sales receipt and make deposit. Let’s get into it with Intuit QuickBooks Online 2021. Here we are in our great guitars practice problem, we’re going to be opening up our forms balance sheet and income statement by right clicking on the tab up top duplicating the tab. First, we’re going to right click on the tab again and duplicate again, then we’re going to go to the reports on the left hand side, we’re going to start off opening up the balance sheet, opening the balance sheet report range, changing it up top, we’re going to be ending this off at we’re going to say the 1231 to one, run that report, close the hamburger hold down Control, scroll up to that one to 5%. Let’s now go to the income statement.
Receipt of Inventory Create Bill from Purchase Order 8.20
QuickBooks Online 2021. We’re going to record the receipt of inventory and create a bill from the purchase order created in a prior presentation. Let’s get into it with Intuit QuickBooks Online 2021. Here we are in our get great guitars a practice file, we’re first going to be opening up our reports that being the balance sheet and profit and loss or income statement by going up top or right clicking on the tab up top duplicating that tab, we’re going to do it again, right click on the tab up top duplicating that tab, we will then go to the reports down on the left hand side.
Purchase & Finance Equipment Add Sub-Accounts 8.79
QuickBooks Online 2021 purchase and finance equipment and add sub 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 opening up a few reports up top balance sheet income statement trial balance,
Rental Income – Customer Deposit, Invoice, & Payment 8.77
QuickBooks Online 2021 rental income, customer deposit, invoice and payment. Let’s get into it with Intuit QuickBooks Online 2021. Here we are in our get great guitars practice problem, we’re going to be opening up our financial statements. To start off, I’m going to go to the tab up top, right click on that tab, duplicate that tab, we’re going to do this two more times, right clicking on the tab up top, duplicate the tab, right clicking on the tab up top, duplicate the tab, we’re going to be opening up our trial balance, which will be here, then our income statement or P and L, and then our balance sheet.
Add Service Items & Enter Invoices In Service Job Cost 8.75
QuickBooks Online 2021 add service items and enter invoices in a service job cost type system. Let’s get into it with Intuit QuickBooks Online 2021. Here we are in our get great guitars practice problem, we’re going to be opening up our financial reports go into the reports up top right clicking on it, we’re going to duplicate the tab, we’re going to do it two more times, right click once again, duplicate the tab one more time, right click once again and duplicate the tab, we’re gonna have a trial balance on the tab to the far right, then the income statement and then the balance sheet.
Bills – Enter, Sort, & Pay 8.70
QuickBooks Online 2021 bills, enter sort and pay the standard a month in types of bills. So let’s get into it with Intuit QuickBooks Online 2021. Here we are in our get great guitars, practice file entering and paying bills. Before we start, let’s open up our financial statement reports balance sheet income statement, and then the trial balance.