What is an Expense?
Expenses are what a company has incurred or used up. Expenses are shown on a Profit and Loss Report also known as an Income Statement.
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Customer Center QuickBooks® Online Keyboard Shortcut
The Customer Center in QuickBooks® Online is loaded with all sorts of valuable information about your customers. To quickly see this info, use the keyboard shortcut Ctrl + Alt + C (Ctrl + Option + C for Mac users). The next time you need to access the Customer Center in QuickBooks® Online, try using the…
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First Item in Dropdown List QuickBooks® Desktop Keyboard Shortcut
While in QuickBooks® Desktop, if you have a large chart of accounts and need to access the first item in the chart of accounts in a transaction’s dropdown list, you can scroll all the way to the top of the list to access it. Or you can use the keyboard shortcut Ctrl + Page Up.…
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What is Revenue?
Revenue is what a company has earned. Sometimes this is referred to as Sales or Income. Revenue is shown on a Profit and Loss Report also known as an Income Statement.
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Receive Payment QuickBooks® Online Keyboard Shortcut
When customers pay you in QuickBooks® Online, you’ll need to Receive their payment. To access this screen, simply use the keyboard shortcut Ctrl + Alt + R (Ctrl + Option + R for Mac users). Try using the keyboard shortcut Ctrl + Alt + R (Ctrl + Option + R for Mac users) the next…
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Transaction History QuickBooks® Desktop Keyboard Shortcut
Just thought I’d share one of the many keyboard shortcuts available in QuickBooks® Desktop, Ctrl +H. The next time you need to access the transaction history, try using the keyboard shortcut Ctrl + H.
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January 2018 Update
It’s hard to believe that January is over! Like most accountants, I was extremely busy and there’s more work ahead. Since it’s tax season, I’ve been getting a lot of requests to help folks with getting their QuickBooks® files ready for taxes. This typically involves bank and credit card reconciliations, account analysis, and financial statement…
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What is Owners’ Equity?
Owners’ Equity appears on a company’s Balance Sheet and is the amount owners have put into the company less what they’ve taken out, plus net income for the life of the company. Per the basic accounting formula, Owners’ Equity must equal Assets minus Liabilities.
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Create an Expense QuickBooks® Online Keyboard Shortcut
Chances are if you’re using QuickBooks® Online, at some point you’ll need to create an expense. You can easily access this screen by using the keyboard shortcut Ctrl + Alt + X (Ctrl + Option + X for Mac users). The next time you need to create an expense in QuickBooks® Online, try using the…
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