Reconcile Bank Account
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QuickBooks - Record Multiple Credit Card Payments
For cash flow reasons, sometimes clients need to make credit card payments more frequently than once a month. Here are directions to record all aspects of this process. Enter the Charges Enter the credit card charges. You may either do this manually or download them from your credit card company. To do it manually: Under the Banking menu, select Record Credit Card Charges, then select Enter Credit Card Charges. Record the vendor, date, amount Read More... -
Your Checking Account
Checking accounts are an absolute necessity these days. You can either have a checking account or run to the bank or other outlet for money orders. Many people pay for almost everything with a check including groceries, gas, clothes and a long list of other things. When you add an ATM card to this picture, your chances for a potential problem is greatly enhanced. Don't get me wrong. There are many people that can keep their check book up Read More... -
QuickBooks - Balancing the Bank Statement
Let's quickly review why the bank statement should be balanced each month as soon as you receive it: Finding Errors. While banks don't make errors very often, you only have a certain amount of time to alert the bank if you do find any. Verifying Entries. Balancing the bank statement is one way to ensure your entries are being recorded properly in QuickBooks. Takes Less Time. The longer you wait, the more transactions you will have to examine, ma Read More...
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