Bank Reconciliation First Month Part 2 9.11

In this presentation, we’re going to continue on with our bank reconciliation for the first month, part two, we’re going to be focusing in on the decreases this time last time we focused in on the deposits. Let’s get into it with Intuit QuickBooks Online. Here we are in our get great guitars file. Also note that I still have the balance sheet open over here. So if you want to open the balance sheet, I won’t go through it, but you can open the report to the balance sheet, and then and then duplicate the tab as we’ve done in the past. And here is our balance sheet.

Bills Track & Pay 8.50

 

In this presentation, we will track and pay bills. In other words, we’ve enter bills and prior presentations, we’re not going to use the pay bills feature in order to pay them. Let’s get into it with Intuit QuickBooks Online. Here we are in our get great guitars file, we’re first going to take a look at our flowchart in the desktop version just to get an idea of of our objective. In prior presentations, we have entered bills, we entered bills for inventory that we purchased, which was a little bit different than what we did in the first month of operations.

Sales Receipts & Deposit 8.25

This presentation and we’re going to record a sales receipt and deposit. In other words, we’re going to imagine there’s a sale that takes place, we’re going to make that sale, record that sale with the sales receipt and then go to the bank with that deposit, deposit that into the bank and record that deposit as well into our system. Let’s get into it with Intuit QuickBooks Online.

Pay Bills 7.60

 

This presentation and we’re going to take a look at the pay bills form. In other words, we’ve entered bills in the past, and now we’re going to be paying them using the paid bills feature. Let’s get into it with Intuit QuickBooks Online. Here we are in our get great guitars file. Before we go any further, let’s first take a look at our flow chart that’s going to be in the desktop version. So we’re going into desktop version just to take a look at the flow chart.