QuickBooks 2016: The Best Guide for Small Business, 2nd Edition

Chapter 7

Working with Bank and Credit Card Accounts

In this chapter:

•   Working with transfers and other monies

•   How to handle petty cash

•   Recording and tracking credit card transactions

•   Understanding the important reconciliation process

•   Finding and correcting balancing issues

You can enter most transactions easily in your bank and credit card accounts. However, in some situations you may need to account for your entries differently. Also, reconciling bank and credit card accounts, although one of the most important tasks connected with financial record keeping, is, sadly, one of the most avoided tasks. When you use QuickBooks, however, the job of reconciling your accounts becomes a very manageable one. This chapter covers how ...