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Whether you're moving money between checking and savings accounts, making loan payments, or reconciling transactions, QuickBooks Online allows you to effectively transfer funds between bank accounts. In this article, we'll show how to record the transfer and then review the transfer in the bank account register.
Businesses may encounter situations where they receive defective or subpar products from their suppliers. In such cases, they often return these items and request a credit from the vendor. However, the vendor may not be able to process the credit immediately, leading to the need for a delayed credit entry. In...
QuickBooks Online recently introduced a groundbreaking new invoicing and quote experience to enhance the way businesses create, customize, and manage their invoices and quotes. This new feature eliminates the need for templates, allowing you to customize invoices and estimates on the spot and receive quicker approvals from customers.In this article,...
Partial payments occur when customers make payments that only cover a portion of the total amount due on an invoice. This can happen for various reasons – perhaps the customer is fulfilling the payment in installments, or they've provided a down payment for a larger project. Whatever the case, accurately...
Whether it's encouraging early payments, managing customer returns, or addressing overpayments, it is essential to accurately apply discounts and credit memos to your customer invoices in QuickBooks Online. In this article, we’ll explain the benefits of incorporating discounts and credits into your invoices in QuickBooks. We’ll also show the steps...
QuickBooks Online provides a streamlined and efficient way to organize your financial transactions by using tags and categories. These tools serve as essential components for keeping your financial records accurate, simplifying reporting, and gaining valuable insights into your business's financial activities.In this article, we’ll discuss tags and categories in QuickBooks...
Cash accounting and accrual accounting are two primary account methods that are widely used to report financial transactions. QuickBooks Online offers users the flexibility to choose between these methods based on their business needs. In this article, we'll explain the differences between cash and accrual accounting in QuickBooks Online to help...
QuickBooks Online offers a purchase order management feature that helps you easily and effectively create, send, and manage purchase orders (POS). This feature helps you better manage your procurement operations and enhance your overall workflow. In this article, we’ll cover how to create and send purchase orders in QuickBooks Online....
Monthly rent, utility payments, and subscriptions can quickly pile up, causing many businesses to struggle with managing their recurring bills. QuickBooks Online offers a solution to this challenge through its recurring bills feature, which allows businesses to automate the entry of recurring expenses.In this article, we'll explain how to set...
One of QuickBooks Online’s strongest features is its invoicing tool. It allows you to easily create invoices and customize them based on your brand and unique preferences. After creating the invoice, you can send it directly from within QuickBooks and track it until it’s paid. In this article, we’ll cover how...
