A bill is a document sent to a company by a vendor, listing goods purchased or services received, as well as the amount due for payment. There are several ways to create a bill in [...]

An invoice is a document you send to a customer listing goods sold or services rendered, as well as the amount due for payment. There are several ways to create an invoice in QuickBooks Online. [...]

Reconciling corporate credit cards in QBO is a little complicated due to how they are set up in the software. Starting with a proper chart of accounts and bank feeds setup is crucial. Most corporate [...]

Bank feeds are used to connect bank and credit card accounts to your accounting software and import bank account activity. Bank feeds significantly speed up the reconciliation process because your book transactions that have been [...]

You can add a new account, edit an existing one, or make an account inactive from the Chart of Accounts in QuickBooks Online. 1) Click on the “Gear” icon>Chart of Accounts: 2) Click the “New” [...]

The Profit & Loss Statement provides a summary of your revenue and expenses for a specific period of time,such as a month, a quarter, or a year. Follow these instructions to run a Profit & [...]