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Mastering QuickBooks 2020

You're reading from   Mastering QuickBooks 2020 The ultimate guide to bookkeeping and QuickBooks Online

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Product type Paperback
Published in Dec 2019
Publisher Packt
ISBN-13 9781789955101
Length 332 pages
Edition 1st Edition
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Author (1):
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Crystalynn Shelton Crystalynn Shelton
Author Profile Icon Crystalynn Shelton
Crystalynn Shelton
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Table of Contents (19) Chapters Close

Preface 1. Getting Started with QuickBooks Online FREE CHAPTER 2. Company File Setup 3. Migrating to QuickBooks Online 4. Customizing QuickBooks for Your Business 5. Managing Customers, Vendors, Products, and Services 6. Recording Sales Transactions in QuickBooks Online 7. Recording Expenses in QuickBooks Online 8. Managing Downloaded Bank and Credit Card Transactions 9. Report Center Overview 10. Business Overview Reports 11. Customer Sales Reports in QuickBooks Online 12. Vendor and Expenses Reports 13. Managing Payroll in QuickBooks Online 14. Managing 1099 Contractors in QuickBooks Online 15. Closing the Books in QuickBooks Online 16. Handling Special Transactions in QuickBooks Online 17. Shortcuts and Test Drive 18. Other Books You May Enjoy

Recording Sales Transactions in QuickBooks Online

In Chapter 5, Managing Customers, Vendors, Products, and Services, you learned how to customize QuickBooks by adding customers, vendors, and the products and services you sell to QuickBooks. Now that you have completed your QuickBooks setup, it's time to learn how to record transactions. In this chapter, we will focus on recording sales transactions in QuickBooks Online. We will cover the three types of sales transactions, when you should use each, how to record each transaction, and the behind-the-scenes accounting that QuickBooks does for you. We will also show you how to record customer payments, and how to issue credit memos and refunds to customers. Recording sales transactions will allow you to keep track of how much money your business is making. This information is important and will help you to determine whether or...

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