Purchase Order & New Inventory Item 8.15

QuickBooks Online 2021 purchase order and new inventory item. In other words, we’re going to add a new inventory item as we create a purchase order. 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 a purchase order as we do so we’re going to add a new inventory item and add a new vendor.

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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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Purchase Order Form – P.O. 1.24

QuickBooks Online 2021 purchase order form otherwise known as a p OE form, let’s get into it with Intuit QuickBooks Online 2021. Here we are in our Google search page, we’re going to be searching for QuickBooks Online test drive, then we’re going to select the QuickBooks Online at test drive for Intuit. Once again, it’s going to ask us if we’re a robot. I’m starting to think I am a robot. You know, Wildwood asked me this so many times, but I’m gonna say no anyways, even though I’m starting to think maybe maybe I am a robot.

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Cash Disbursements Internal Controls

In this presentation, we’re going to talk about Cash Disbursements, internal controls. Now we’re going to talk about a voucher system for the payment process. But before we get too into the voucher system, note that the systems will change depending on the type of organization and what industry we’re in and how large the organization is. So if we just have a small organization, then we probably just want to have some internal controls for the owner of the company, the owner, being a key component of the internal control system and having a lot more oversight over many of the things that happened. For example, for the payments that happen, we may have someone that requests something on an employee that wants to request a payment may even you know, enter the payment into this system. However, we want to make sure that the owner still has some control over such as the cheque signing.

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Cash Receipts Internal Controls

 

In this presentation, we will talk about cash receipts, internal controls. Now we’re going to talk about a voucher system for the payment process. But before we get too into the voucher system, note that the systems will change depending on the type of organization and what industry we’re in and how large the organization is. So if we just have a small organization, then we probably just want to have some internal controls for the owner of the company, the owner, being a key component of the internal control system and having a lot more oversight over many of the things that happen. For example, for the payments that happen, we may have someone that requests something on an employee that wants to request the payment may even you know, enter the payment into the system.

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