Table of Contents
Preface
Section 1 – General Tips and Shortcuts
Chapter 1: Creating and Reviewing Opening Balances in QuickBooks Online
Should opening balances be in place before using QuickBooks?
What dates are used for opening balances?
Opening balances – Customers
Which Product/Service Item to use
Opening customer balances – Summary
Opening balances – Suppliers
Opening balances – Bank
What if no opening balance is created?
What about uncleared checks and deposits?
Opening balances – VAT/GST/sales tax
Inventory (stock)
Opening Balances – Other
Other business taxes
Fixed assets (Plant and Machinery)
Loans and Hire Purchase Agreements
Shareholdings
Director's loans
Provisions for prepayments and accruals
Summary
Chapter 2: Useful Tips and ...
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