Posts by Scott Meister, CPA
How to Create a Custom Field in QuickBooks Desktop
Custom fields can be very useful and thankfully QuickBooks allows you to create your own. In the example I created for this tutorial, I thought it’d be a good idea to create a custom field called “Contract Numbers” for Customers and Jobs. This could be very useful when running reports as you can add the…
Read MorePrevious Day QuickBooks® Online Keyboard Shortcut
While the cursor is in the date field on a transaction or report, you can quickly access the previous day by simply clicking the – key on your keyboard. The next time you need to access the previous day in QuickBooks® Online, try using the keyboard shortcut –.
Read MoreNormal Balance: Expense
The normal balance of an Expense Account is a Debit. So, if you purchased $450 worth of office supplies, it means you have a $450 Debit in the Office Supplies account.
Read MoreNext Day QuickBooks® Online Keyboard Shortcut
While the cursor is in the date field on a transaction or report, you can quickly access the next day by simply clicking the + key on your keyboard. The next time you need to access the next day in QuickBooks® Online, try using the keyboard shortcut +.
Read MoreNormal Balance: Revenue
The normal balance of a Revenue Account is a Credit. So, if you earned $750 from selling widgets (Sales), it means you have a $750 Credit in the Sales account.
Read MoreAn Easy Way to Get Answers to Your QuickBooks Desktop Questions
If you’ve ever had a question while using QuickBooks you can easily ask the question and get an answer quickly with their Help function right in QuickBooks. This is very convenient and really helpful.To do this, from the menu bar click Help (1) and click QuickBooks Help (2). Once the Have a Question? window displays, type…
Read MoreCurrent Day/Today Date QuickBooks® Online Keyboard Shortcut
While the cursor is in the date field on a transaction or report, you can quickly access the current day (Today) by simply clicking the T key on your keyboard. The next time you need to access the current day (Today) in QuickBooks® Online, try using the keyboard shortcut T.
Read MoreNormal Balance: Owners’ Equity
Like Liability Accounts, the normal balance of an Owners’ Equity Account is a Credit. So, if you have $250 in Retained Earnings, it means you have a $250 Credit in the Retained Earnings account.
Read MoreLast Day of Week Date QuickBooks® Online Keyboard Shortcut
While the cursor is in the date field on a transaction or report, you can quickly access the last day of the week by simply clicking the K key on your keyboard. The next time you need to access the last day of the week in QuickBooks® Online, try using the keyboard shortcut K.
Read MoreNormal Balance: Liabilities
The normal balance of a Liability Account is a Credit. So, if you owed $750 to someone in the form of a Notes Payable, it means you have a $750 Credit in the Notes Payable account.
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