Category Archives: QuickBooks Technical

How to Write Off Invoices in QuickBooks

Often, as accounting professionals, we need to adjust our client’s Accounts Receivable balances. Perhaps there were several small unpaid finance charge invoices, or over the year our client’s customers paid their invoices short of what was due. Creating a customer … Continue reading

How to Fix Unapplied Vendor Payments and Credits in QuickBooks

For both Business Owners and Accounting Professionals, a complete review of Accounts Payable, including the proper process to use in QuickBooks, which potentially avoids the corrections detailed below, can be found in Chapters 7 and 8 of Laura Madeira’s QuickBooks … Continue reading

How to Customize the Company Snapshot in QuickBooks

One of the reasons QuickBooks is so popular is the ease in which you can get reports of your financial activity. On summary reports you can “drill down” on a specific number in a report to see the underlying transactions; … Continue reading

Changing the Online Banking Mode in QuickBooks

QuickBooks makes it easy to send or receive financial information among your bank or credit card financial institutions. The interface enables you to download your transactions for easy matching and reconciliation, examine recent bank transactions, transfer money between two online … Continue reading

Recording a Statement Charge in QuickBooks

Statement charges are useful if you want to accumulate charges before requesting payment, or if you assess a regular monthly charge to your customer. Use statement charges when you are not going to be providing the customer with an invoice, … Continue reading

How to Record Customer Payments in QuickBooks

When a businesses issues invoices, or statement charges, and expects the customer to remit payment within an agreed-upon number of days you will use the Receive Payment transaction in QuickBooks. When a customer payment is posted to your bank account, … Continue reading

How to Generate the Missing Customer Invoices Report in QuickBooks

Most companies establish some control over the process of creating customer invoices. One control, if invoices are created manually in the field and later entered into QuickBooks, is to maintain a numeric invoicing pattern. Usually each invoice is one number … Continue reading

Updating Payroll Tax Tables in QuickBooks

Your purchase of an Intuit payroll subscription includes periodic tax table updates. When the federal or state government makes changes to payroll taxes or forms, you will be notified that a new tax table is available. To update your tax … Continue reading

Setting Up a Loan Payment in QuickBooks

To set up a payment for a loan using the Loan Manager program in QuickBooks, follow these steps after selecting from the menu bar, Banking, Loan Manager. Select the loan from the list and click the Set Up Payment button. The … Continue reading

Creating Sales Tax Group Items in QuickBooks

Sales tax groups are optional in QuickBooks. In many states, you are required to report the collection of sales tax for a combination of city, county, and state, but you want to show the customer a single tax rate. In … Continue reading