Reports Overview 1.92

QuickBooks Online 2021. That reports overview, let’s get into it with Intuit QuickBooks Online 2021. Here we are in our free QuickBooks Online test drive file, which you can find by searching in your favorite browser. For QuickBooks Online test drive, we are in Craig’s design and landscaping services practice file, looking at the reports, which will be on the left hand side. So we’re gonna go down to the reports on the left hand side, up top, you have the standard, we have the custom reports, we have the Manage reports. Then down below, you’ve got your favorite reports up top, the favorite reports can be brought up top by selecting the star next to any of the reports, you can see this balance sheet was brought up top with the little star there.

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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.

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Setup Sales Tax 6.65

QuickBooks Online 2021 setup sales tax. 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 discussing turning on and setting up the sales tax. Before we do, let’s just recap the sales tax and how it will be working so that the setup will make more sense as we go through it. When we apply the sales tax, it’ll be on a sale.

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Create Invoice Sale of Inventory Item 7.20

QuickBooks Online 2021 create invoice for the sale of an inventory item. 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 entering an invoice. But before we do, let’s open up our reports balance sheet income statement, trial balance, and consider what will happen first, then record the invoice and then check out if what we thought was going to happen actually does happen. So we’re going to go up top, duplicate the tab, right clicking on it duplicating the tab, we’re going to do it two more times, right click Duplicate, right click Duplicate.

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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.

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