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QuickBooks Online - When to Exclude Transactions

4:38

Don't Categorize Refunds Incorrectly! Do This Instead

1:28

12 Minutes to Save Hours - Easy Time Saving Tips for QuickBooks Online

12:17

How to Add and Connect a Bank Account to QuickBooks Online

4:08

Remove Duplicate Income in QuickBooks Online

5:46

How to Add an Account to the Chart of Accounts in QuickBooks Online

4:11

Troubleshooting Bank Reconciliations in QuickBooks Online

Sometimes when you reconcile your accounts in QuickBooks, the balances are off and you need to figure out where the discrepancy happened. But where do you even start? In this video, I'll show you a few basic places to look to find the problem and how you can fix it.

zhlédnutí: 327

Video

QuickBooks Online - When to Exclude Transactions

4:38

QuickBooks Online - When to Exclude Transactions

zhlédnutí 3,8KPřed rokem

Exclude transactions in QuickBooks Online only when the transactions show up in the bank feed as an error. The two main reasons why error transactions appear in the bank feed: 1. You manually downloaded a .CSV file that wasn't formatted correctly from your bank and imported it into QuickBooks. It's easy to do. The example we use in the video is money paid to a vendor importing into QuickBooks a...

Don't Categorize Refunds Incorrectly! Do This Instead

1:28

Don't Categorize Refunds Incorrectly! Do This Instead

zhlédnutí 686Před rokem

Incorrectly categorize a refund your company received and you'll throw your bank balances, balance sheet, and Profit and Loss Statement off with just one mistake. Unfortunately, this is a common error some QuickBooks users make when they return products to a vendor or receive some other refund. The mistake is using the Cash account to record the refund. This results in overstating your expenses...

12 Minutes to Save Hours - Easy Time Saving Tips for QuickBooks Online

12:17

12 Minutes to Save Hours - Easy Time Saving Tips for QuickBooks Online

zhlédnutí 192Před rokem

You need more time in your day. The best way to get some of that time back is to utilize these easy QuickBooks Online tips to get more efficient and eliminate some of those unnecessary tasks.

How to Add and Connect a Bank Account to QuickBooks Online

4:08

How to Add and Connect a Bank Account to QuickBooks Online

zhlédnutí 4,8KPřed rokem

In order to get your bank account connected and automatically importing transactions into QuickBooks Online, you'll need to do two steps, which we walk through in this video. First, you add the bank account to the Chart of Accounts. After the account is added, you connect it from your bank's website to QuickBooks Online. You sign into your bank account from QuickBooks online, choose the checkin...

Remove Duplicate Income in QuickBooks Online

5:46

Remove Duplicate Income in QuickBooks Online

zhlédnutí 3,8KPřed 2 lety

If you believe your Profit & Loss Statement in QuickBooks Online shows incorrectly duplicated income, you likely are invoicing and not matching the payments/deposits to the invoices. This creates income from both the deposit and the invoice, counting the income twice from one transaction. To fix this, you'll need to get those deposits matched to the invoices. Find the transactions that are the ...

How to Add an Account to the Chart of Accounts in QuickBooks Online

4:11

How to Add an Account to the Chart of Accounts in QuickBooks Online

zhlédnutí 182Před 2 lety

Part 2 of Chart of Accounts: How to add an account. You will get a template chart of accounts with any new QuickBooks Online subscription. It is fully customizable. You can add, edit, or delete accounts from the chart of accounts. If you believe you are missing an important account, you can add one. This video walks you through the process of adding an account/category to the chart of accounts....

Fixing a common error with CSV files and QuickBooks Online

2:27

Fixing a common error with CSV files and QuickBooks Online

zhlédnutí 6KPřed 2 lety

If you find yourself needing to manually import transactions into QuickBooks Online, we always recommend using a .QBO file if possible. .QBO files are formatted to be imported directly into QBO without any additional editing or formatting of the data. If your bank does not make the data available as a .QBO file, another popular choice is to use a .CSV file. Every bank formats their .CSV files a...

Bookkeeping for Real Estate Investing: Rehabs vs Rentals

15:47

Bookkeeping for Real Estate Investing: Rehabs vs Rentals

zhlédnutí 66Před 2 lety

Bookkeeping can vary greatly from industry to industry. But within the same industry of real estate investing, proper bookkeeping is greatly different just depending on which strategy you choose when it comes to your investing. Rehabbers and wholesalers will account for transactions differently than landlords do. This is because rental properties report income and expenses through on a tax form...

Invoice, Receive Payment, Deposit in QuickBooks Online

13:50

Invoice, Receive Payment, Deposit in QuickBooks Online

zhlédnutí 9KPřed 2 lety

In this video, we answer a viewer question about how to manage the process of invoicing customers, receiving the payment, and recording the deposit in QuickBooks Online. One common mistake new QuickBooks users can experience is creating an invoice, depositing the payment for the invoice, and seeing double the income on the profit and loss statement while still showing an open invoice. The corre...

How Far Back in the Past Can You Go In QuickBooks Online?

11:21

How Far Back in the Past Can You Go In QuickBooks Online?

zhlédnutí 4,8KPřed 2 lety

Recently we have worked with companies that still needed to go back multiple years to do their bookkeeping and tax returns. A channel subscriber asked a question about a similar situation and said they thought QuickBooks would only allow a user to go back a couple of years to pull in transactions. It's actually up to the bank on how far back you can go. When you connect a bank account to QuickB...

Why Is My Bank Balance Different than What QuickBooks Shows?

11:10

Why Is My Bank Balance Different than What QuickBooks Shows?

zhlédnutí 18KPřed 2 lety

If you've ever looked at QuickBooks Online and noticed your bank account or credit card's balance is different than the balance QuickBooks shows, you might have thought things are majorly messed up. Watch this video to see why that may or may not be true and how you can fix the problem if you are running into this. We share a few different ways to diagnose the issue and where to go to get thing...

It's a Mistake to Exclude in QuickBooks Online

5:12

It's a Mistake to Exclude in QuickBooks Online

zhlédnutí 1,9KPřed 2 lety

Ask your accountant or any other bookkeeper, they'll tell you never mix personal transactions with your business transactions. Does this mean to exclude personal transactions from your QuickBooks Online account? No. If you have personal transactions that run through a business checking account or credit card that is connected to QuickBooks, you should not use the Exclude function in the Banking...

4:10

Paying Bills in QuickBooks Online

zhlédnutí 147Před 2 lety

Entering bills in QuickBooks Online is great but did you know you can pay bills directly through QuickBooks without ever going to the vendor's website to make a payment or sending a written check. This is especially helpful for bills where you do not have automatic payments setup.

5:01

Entering Bills In QuickBooks Online

zhlédnutí 156Před 2 lety

QuickBooks Online (all subscription plans except Simple Start) gives you the ability to enter in bills you receive from vendors. When you enter a bill, you can schedule the payment of that bill directly through QBO and also track how much you've already paid and the amount you still owe on that bill. This video covers how you enter a bill into Quickbooks and how the bills affect the financial r...