QuickBooks Online 2021. Make loan payments using an amortization table. Let’s get into it with Intuit QuickBooks Online 2021. Here we are in our great guitars a practice file, we’re now going to make loan payments with the help and use of our amortization table, which we set up in a prior presentation. To do so let’s open up some of our reports, we’re going to duplicate the tabs up top, right click on the tab up top, duplicate it, we’re going to right click on the tab up top again, duplicate again opening up then our balance sheet and P and L Profit and Loss report going on down then to the reports on the left hand side, opening up the balance sheet report.
Posts with the check tag
Enter Payroll For Second Month 8.80
QuickBooks Online 2021 enter payroll for the second month. 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 reports by going up top, we’re going to right click on the tab up top duplicate, we’re going to do it again, right click on the tab up top, duplicate, do it again, right click on the tab up top and duplicate we’re going to be having our trial balance here, our income statement or p&l here, our balance sheet there, this is our our starting routine at this point.
Pay Bill That Was Created From P.O. 8.50
QuickBooks Online 2021 pay bill that was created from a purchase order or P OE. Let’s get into it with Intuit QuickBooks Online 2021. Here we are in our get great guitars to practice file, we’re going to open up a new tab to the right and make the trial balance on it.
Sales Receipts Form 1.40
QuickBooks Online 2021 sales receipt form. Let’s get into it with Intuit QuickBooks Online 2021. Here we are on the Google search page, we’re going to be searching for the QuickBooks Online test drive, then we’re going to be selecting QuickBooks Online at test drive from Intuit. We are then asked if we are a robot answer, yes, but I’m an old out of date Commodore 64. So you don’t need to worry about me causing any problems. So I’m going to go ahead and check that off anyways, and say continue.
Receive Payment & Make Deposit 7.50
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.
Invoices Created from Check Created from P.O. 7.45
QuickBooks Online 2021. Now, invoices created from a check, which was created from a purchase order the purchase order for the request of inventory. Let’s get into it with Intuit QuickBooks Online 2021. Here we are in our get great guitars practice file, we’re going to make an invoice but it’s a little bit different than what we’ve seen before. In essence, we’re going to be linking the invoice all the way back to the purchase order. So we’re imagining a situation where we have a customer that customer came in that being Eric music, they requested 50 guitars 50 Epiphone, Les Paul type of guitars, we said we don’t have those on hand, but we will order them for you.
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.
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.
Pay Bill Form 7.60
QuickBooks Online 2021. We’re going to enter a pay bill form. Let’s get into it with Intuit QuickBooks Online 2021. Here we are in our get great guitars practice file. Last time we entered some expenses and some check type forms. This time we’re going to enter a pay bill type form, the pay build type form is similar to a expense or cheque form in that it will be another form that’s going to be a decrease to the checking account. But it will be linked intimately to the bill item up top the bill form up top. Let’s first take a look at this in our flowchart in the desktop version.
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.