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.
Posts with the report tag
Pay Sales Tax 8.60
QuickBooks Online 2021. pay 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 opening up a new tab to open up the trial balance, I’m going to go up top, right click on the tab up top, duplicate that tab to open up, then the trial balance, which is going to be found then on the left hand side in the reports, going to type up top to find the trusty TB trial balance typing into the find score, trial balance, trial balance.
Track & Pay Invoices From Customer Center 8.55
QuickBooks Online 2021 track and pay invoices from customer center. 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 recording a customer payment. Before we do so let’s duplicate the tab up top right clicking on the tab up top and duplicate.
Make Loan Payments Using an Amortization Table 8.07
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.
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.
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.
Deposit From Sales Receipt & Receive Payment Forms 7.35
QuickBooks Online 2021 deposits, recording deposits that are going through the sales receipt form and the receive payments form and going through undeposited funds. Let’s get into it with Intuit QuickBooks Online 2021. Here we are in our get great guitars a practice file, we’re going to be recording deposits. Before we do so let’s open up some of our reports being the balance sheet income statement trial balance, going up top to the tab, right clicking on the tab and duplicating the tab, we’re going to do it two more times. Right clicking on the tab again, duplicating the tab one more time right clicking on the tab and duplicate the tab, we’re then going to be opening up the trial balance in the tab to the far right by going to the reports on the left hand side.
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.
724 Economic Ordering Quantity (EOQ) Prob 2 6.80
QuickBooks Online 2021. Now, opening balances and add accounts to chart of 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 continuing to enter our beginning balances and add any necessary accounts to do. So if we go back on over to our trial balance, we’ve been entering those balances that have kind of like special needs as we enter the beginning balances.
Accounts Payable Beginning Balance & New Vendors 6.75
QuickBooks Online 2021, accounts payable, beginning balances and new vendors. 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 continuing on entering our beginning balances as well as entering vendors so that we can use them for our data input into the future. So two things that we are looking into here, one, we want to enter our beginning balances, we’re imagining these beginning balances coming from our prior accounting system, we want to start at this point, so that we can then do the data input from that point into the future.