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.
Posts with the type tag
Purchase Depreciable Asset & Make Investment in Securities 7.10
QuickBooks Online 2021. Purchase depreciable asset and make investment in securities. 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 our balance sheet income statement and trial balance we’re going to do so by adding three new tabs up top, I’m going to right click on the tab up top duplicate, going to do it again, right click on the tab up top duplicate, and then right click on the tab up top one more time and duplicate again, the one on the far right, this is where I’m going to open up the trial balance.
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 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.
Add Inventory Items & Opening Balance 6.60
QuickBooks Online 2021 add inventory items and the related opening balances for inventory. Let’s get into it within two its QuickBooks Online 2021. Here we are in our great guitars practice file, we’re now taking a look at inventory items to do. So let’s go to the sales tab on the left hand side, we’re going to go to the product and services up top. In prior presentations, we entered the service items here.
Inventory Tracking Options 6.55
QuickBooks Online 2021 inventory tracking options. Let’s get into it with Intuit QuickBooks Online 2021. Here we are in our get great guitars practice file. Last time we entered some items for our service items, we can check those out by going to the sales tab on the left hand side, then the products and services up top. These are the service items that we entered that would then be helpful or used to populate things like invoices and sales receipts.
Enter Service Items 6.50
QuickBooks Online 2021, enter service items. Let’s get into it with Intuit QuickBooks Online 2021. Here we are in our get great guitars practice file, we’re not going to be thinking about entering items into the system. Now remember, as we’re entering these items into the system are keeping in mind these beginning balances that we’re going to be entering into the system as well, the beginning balances that are going to be related to items would be the inventory items.
Payroll & Employee Reports & Bank Reconciliation Report 4.40
QuickBooks Online 2021 payroll and employee reports and bank reconciliation reports. 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 typing into your favorite browser, QuickBooks Online test drive or in Craig’s design and landscaping services, we’re going to go down to the reports down below.
Inventory Reports 4.35
QuickBooks Online 2021 inventory reports. 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’re in Craig’s design and landscaping services. going on down to the reports, we’re going to be opening up now inventory reports, which you can find and which I probably will be looking for in the future by simply typing in inventory in the search field.
Vertical Analysis Profit & Loss, P&L, Income Statement 3.25
QuickBooks Online 2021 vertical analysis, profit and loss, p&l or income statement, let’s get into it with Intuit QuickBooks Online 2021. Here we are in our free QuickBooks Online practice file, which you can find by searching in your favorite browser. For QuickBooks Online test drive, we’re in the Craig’s design and landscaping services, we’re going to go down to the reports down below modifying another P and L profit loss income statement.