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QuickBooks

Rental Income New Service Item New Income Account 8.90

Written by Bob Steele CPA - Accounting Instruction, Help & How To on March 1st, 2020March 1st, 2020. Leave a comment

This presentation and we’re going to record rental income. In other words, we’re going to create a sales receipt within that sales recruiting receipt, we’re going to create a new service item that for rental income, we’re also going to be creating a new income statement account a new revenue account for the rental income. Let’s get into it with Intuit QuickBooks Online. Here we are in our get great guitars file, we’re not going to create a sales receipt for a sale, the sale for rental income. So we’re imagining then that we’re renting out our equipment and we’re receiving revenue for the rental of the equipment.

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Read the article Rental Income New Service Item New Income Account 8.90

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