The difference between the banking tab and the actual bank account on QuickBooks Online
Banking Tab You can connect your bank and credit card accounts directly to QuickBooks Cloud. Each day QuickBooks will pull all transactions from the previous banking day. The data is then brought into a review area in QuickBooks for you to post to your accounts. Other features such as rules then let you tell the […]
How to Accurately Record Bills and Expenses
How to accurately record bills and expenses There is a difference between a bill and an expense, it is important to keep this in mind when inputting your supplier transactions on your Quickbooks Online account. Bills A document to show how much you owe your supplier at a future date. For example, you might get […]