How to Categorize Credit Card Payments in QuickBooks?
In this article, learn how to categorize credit card payments in QuickBooks. A well-written transaction report is something you will not have to dig much to know what is what. Just go through it once, and you will get an idea of various expense categories. Are you thinking, is it possible? Yes, it is by…
Read MoreHow To Batch Enter Transactions in QuickBooks?
If you are a QuickBooks user and wish to learn how to batch enter transactions in QuickBooks, this article is for you. Here, I will teach you the steps to enter transactions by batch on QuickBooks desktop, how to delete and edit them by batch, and all the FAQs revolving around this topic. With the batch entering…
Read MoreHow to Apply Credit Memo in QuickBooks?
In this article, you will be given a detailed step-by-step guide on how to apply credit Memos in QuickBooks, what is the difference between credit memos and refunds, and more essential details. QuickBooks has helped millions of users across the globe by providing its cloud-based accounting software. QuickBooks enables small business owners to make their…
Read MoreHow to Account for PPP Loan Forgiveness in QuickBooks?
This article will discuss how to account for PPP loan forgiveness in QuickBooks and related queries. With PPP (Paycheck Protection Program), one can take advantage of low-interest private loans to cover payroll and other costs. This program offers loans that are about 2.5 times your average monthly payroll expenses, so it’s an excellent option for…
Read MoreHow to Apply Vendor Credit in QuickBooks Online?
This article will walk you through steps to apply vendor credit in QuickBooks online. Vendor credit occurs when a vendor fails to pay money for the services/ goods you provided to him. In easy words, vendor credits equals to the amount that particular vendor has to pay you in near future. QuickBooks accounting software helps…
Read MoreWhat does Reconciling an Account Involve?
In this post, we are going to discuss what does reconciling an account involve. Reconciliation is an accounting process in which two sets of records are compared to ensure that the results are correct and consistent. Reconciliation also guarantees that the general ledger accounts are correct, consistent, and complete. Nevertheless, in contrast to business, reconciliation can…
Read MoreHow to Write Off Bad Debt in Quickbooks?
This tutorial will show you how to write off bad debt in QuickBooks. Bad debt occurs when a customer owes you money, and you cannot collect it. They owe you money, but you are sure that you’re not getting paid. If your company employs the accrual method of accounting, you may be able to deduct bad…
Read MoreIntuit QuickBooks Ceasing it’s Indian Operations Making Customers Migrate to Zoho Books
All Indian Intuit QuickBooks users are migrating to Zoho Books and here is why you should too. After the sudden announcement of QuickBooks’ discontinuing operations in India, many QuickBooks users are left with panic, frustration, and helplessness. However, there is a silver lining in this situation too. Zoho Books have lent a hand to Indian…
Read MoreWhich Asset Cannot be Depreciated?
In this article, we will discuss which asset cannot be depreciated. Depreciable and non-depreciable assets are two distinct types that must be understood to accurately evaluate a company’s earnings and assets. What is Depreciation Exactly? Depreciation is a non-cash business expense that is computed and allocated throughout the asset’s useful life. Depreciation allows any business to…
Read MoreHow to Use Qbox with Quickbooks: Complete Tutorial
This definitive guide will be focused on how to use Qbox with Quickbooks. What Exactly is Qbox? Qbox is a cloud-based collaboration tool for Windows PCs that allows users to upload data over the Internet. Qbox establishes ‘Sync folders’ on the profile owner’s and shared users’ Windows PCs during installation. Files copied into sync folders…
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