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.
Posts with the tab tag
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.
Sales Receipt Payment Received at Point of Sale 7.30
QuickBooks Online 2021 sales receipt payment received at point of sale. Let’s get into it with Intuit QuickBooks Online 2021. Here we are in our get great guitars practice file where we’re going to be entering some sales receipts before we do so let’s open up our financials balance sheet income statement and trial balance. So we’re gonna duplicate some tabs up top right clicking on the tab, duplicate it, going to do it again, right click on the tab duplicate one more time, right click on the tab and duplicate.
Receive Payment on Invoices 7.25
QuickBooks Online 2021 receive payments on invoices. Let’s get into it with Intuit QuickBooks Online 2021. Here we are in our get great guitar practice problem in prior presentations, we entered a few invoices. Now we’re going to go over the process of receiving the payment on the invoices. Let’s first open up our reports the reports balance sheet income statement and the trial balance. Going up top, we’re going to duplicate some tabs right clicking on the tab duplicate, we’re going to do it again right click and duplicate, right click Duplicate.
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.
Use Purchase Order to Make Check or Expense Form 7.18
QuickBooks Online 2021 use purchase order to make a check or expense form. 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 be recording the receipt of the inventory and actually writing a check or expense form for it. To do this, or before we do this, let’s open up some reports, we’re going to open up the balance sheet income statement and trial balance by right clicking on the tab up top and duplicating it, we’ll do it two more times, right click on the tab top duplicated again, and then right click on the tab up top.
Check Entry Correction 7.13
QuickBooks Online 2021 check entry correction. Now, let’s get into it with Intuit QuickBooks Online 2021. Here we are in our get great guitars practice problem, we’re going to start out by opening up a trial balance. To do that, we’re going to duplicate a tab up top right clicking the tab up top, and we’re going to go ahead and duplicate that tab, we’re then going down to the reports on the left hand side in the reports, and then we’re going to be typing in to locate the good old trial balance, which is going with a TB the trial balance this time.
Deposits From Owner & Loan 7.05
QuickBooks Online 2021. Now, deposits from owner and from alone. Now, 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 move on to some data inputs starting with a deposit from the owner and a deposit from a loan. Let’s first take a look at our financial statements, we’re going to be opening up the balance sheet, the income statement and the trial balance, I’m going to make three new tabs up top by right clicking on the tab, duplicating it, we’re going to duplicate it again, right click and duplicate and then one more time duplicating again.
Account & Settings – Expenses, Payments, & Advanced Tabs 6.25
QuickBooks Online 2021 account and settings, expenses, payments and advanced tabs. Let’s get into it with Intuit QuickBooks Online 2020. Here we are in our get great guitars practice file, we’re going to be continuing on with what would be similar to the preferences in the desktop version by going up to the cog up top in the upper right, going into the your company column. And taking a look at the account and settings group. We last time looked at the company tab, the billing and subscription tab, the usage tab, the sales tab.
Account & Settings Company Tab 6.15
QuickBooks Online 2021 account and settings company tab. Let’s get into it with Intuit QuickBooks Online 2021. Here we are in our get great guitars practice file, this is a new company file with no data in it so that we can practice the data input from scratch from the point where there’s nothing in it at the starting point. So in other words, this is not the free QuickBooks Online test drive company file, but rather a new company file that we can save the data as we go through the comprehensive practice problem.