We often get asked how to track credit card spending in QuickBooks and are amazed at how many ways this is currently being done. Enter as one bill – if you enter as one bill or even a check all the charges throughout the month are only dated the date of the bill or the check. This makes running financial …
Receiving and Depositing Credit Card Payments in QuickBooks
It’s not an instant transfer, but it doesn’t take long to capture your funds. You know by now that you can accept credit cards as payment for products and services in QuickBooks. But do you know how the funds get into your company’s bank account? It’s basically a 3-step process (if you don’t count setup). In order to receive payment …
Is that balance correct in #QuickBooks?
When you are working on a bank or credit card reconciliation there are a few things you need to review. 1) the outstanding checks/deposits. Are these really outstanding or are they duplicates? One way to find out is to click find and search that amount. If it comes up twice, you may have a duplicate that needs to be deleted. …