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QuickBooks Online For Dummies, 2024 Edition
book

QuickBooks Online For Dummies, 2024 Edition

by David H. Ringstrom
November 2023
Beginner content levelBeginner
464 pages
10h 41m
English
For Dummies
Content preview from QuickBooks Online For Dummies, 2024 Edition

Chapter 3

Posting Expenses, Checks, and Credit Card Charges

IN THIS CHAPTER

Bullet Managing vendor records

Bullet Recognizing expenses and credit card charges

Bullet Applying credit card credits

Bullet Recording credit card payments

It’s always more fun to record money coming in than going out. Alas, incurring expenses is part of life, and that’s what this chapter is about. Notice that I didn’t say paying bills because you need an Essentials subscription or higher to record those types of transactions, which I discuss in Chapter 8. This chapter explores the other transactions you use in QuickBooks to record money going out the door.

Working with Vendors

John Donne is famous for saying “No man is an island,” but no business can be completely self-sufficient either. For instance, you’re going to incur charges for using QuickBooks Online, and for internet access to use the software, and electricity to use your computer, and on and on. You need to set up each purveyor of the goods and services that you use as a vendor. An exception are folks who are quasi-employees. You can set them up as a vendor or, as I discuss ...

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Publisher Resources

ISBN: 9781394206513Purchase Link