Tag: quickbooks certified bookkeeper

Payment of accounts payable

To record the payment of accounts payable in QuickBooks, you can create a “Bill Payment” transaction. Here are the steps to do it: Step 1: Access the “Bill Payment” Option:

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Collection of accounts receivable

Collecting accounts receivable in QuickBooks involves recording the payment received from your customers and ensuring that your accounts receivable (AR) balances are updated. Here’s how to do it: Step 1:

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Sale of company equipment

When you sell company equipment in QuickBooks, you’ll need to record the sale as a financial transaction. This typically involves creating a sales receipt or invoice to document the sale

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