How-To Archives - AccuraBooks

Unpaid Bills Report with Purchase Orders Information

This article addresses how to create a typical Unpaid Bills report, but with the corresponding Purchase Order number information on it, in QuickBooks Online. To review, a simple Unpaid Bills report displays all of the unpaid vendor bills with remaining balances, this report is sorted by vendor name. However, a typical Unpaid Bills report does

Update Accounting Reporting Period Settings in QuickBooks Online

This article addresses how to update your business accounting financial reporting period settings in QuickBooks Online. There are two basic accounting reporting periods for businesses: Fiscal and Income Tax. Most of the times both the fiscal and income tax reporting periods will simply coincide with a calendar year, much like for your personal tax returns.

Update Service Item Income Account and History

This article addresses how to update the associated income account within a service item’s (within the “Products & Services” items list) profile in QuickBooks Online. Here is a scenario: You are reviewing your Profit & Loss statement for a certain time period and you are noticing that one of your lesser utilized income accounts has

Fix Uncategorized Income in QuickBooks Online

This article addresses how to resolve uncategorized income issues in your books within the QuickBooks Online platform. There are really different options to choose from when dealing with resolving uncategorized income in your books; this article will address one specific popular method. Here is a scenario: You have received a check payment from a customer,

Use journal entries to alter Accounts Receivables in QuickBooks Desktop

There may be times when you have to take a customer’s Accounts Receivables credit balance and transfer it over to another customer’s Accounts Receivables balance in your bookkeeping system, within the QuickBooks Desktop version. The main reason you would ever have to do this is if one of your customers has multiple locations or subsidiaries

Use journal entries to alter Accounts Receivables in QuickBooks Online

There may be times when you have to take a customer’s Accounts Receivables credit balance and transfer it over to another customer’s Accounts Receivables balance in your bookkeeping system, in QuickBooks Online. The main reason you would ever have to do this is if one of your customers has multiple locations or subsidiaries and thus

Customer Project Retainage

This article addresses how to create a simple Customer Retainage system in QBO. This is for your customers who keep a portion of what’s owed to you, say 10% of the entire invoiced amount, until the entire project is complete. To begin, you will need to create three things here in QBO: Now to test

Assign a Bulk Amount of Bank Transactions in QuickBooks Online

This article addresses how to allocate a bulk number of transactions within the bank feeds (bank transactions) area in QuickBooks Online. For example: Suppose there are ten new credit card transaction that imported from your (connected) online CC account into the bank feeds (bank transactions) area in QuickBooks Online. Further, let ‘s say that

How to View Reconciliation Report in QuickBooks Online

This article addresses how to find and review your Reconciliation reports in QuickBooks Online. Perhaps for audit reasons, you may need to pull up a banking reconciliation report for the auditor to review. This is done very simply in QuickBooks Online; it also helps that you know how to review a reconciliation report as

Create Unpaid Bills Report with Purchase Order Number in QuickBooks

This article addresses how to create a customized Unpaid Bills with Purchase Order number report in QuickBooks Online. This report is simply a clear and convenient way to view all of the current vendor Unpaid Bills with the associated Purchase Order number (if you are using purchase orders in your bookkeeping system in QBO).