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QuickBooks Desktop Adding Bank and Credit Card Accounts

To manage the payments received and paid you need to add your bank accounts so that you can manage and categorize your finances quite conveniently and,

QuickBooks Desktop Adding Bank and Credit Card Accounts

So far, we have a basic understanding of chart of accounts and to manage the payments received and paid you need to add your bank accounts so that you can manage and categorize your finances quite conveniently and, in this tutorial, we will see how we can add bank and credit card accounts in QuickBooks desktop.

= Topics discussed at:

  • 00:30 Create Bank Account in Quickbooks Desktop
  • 00:50 Write a name of your bank account in quickbooks desktop
  • 01:20 Adding description of an account
  • 01: 38 Adding Bank account and Routing Numbers
  • 01:50 Tax line Mapping
  • 02:00 Activate account numbers in QuickBooks desktop
  • 02:35 Adding opening balance of an account in QuickBooks Desktop
  • 02:48 Setting up a reminder for ordering checks in QuickBooks
  • 03:30 Create Credit Card account in QuickBooks desktop
  • 04:05 Equity balance in QuickBooks desktop

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= The sequence of assigning account numbers in QuickBooks

  • 10000 to 19999 = Assets
  • 20000 to 29999 = Liabilities
  • 30000 to 39999 = Equity or Capital
  • 40000 to 49999 = Income or Revenue
  • 50000 to 59999 = Cost of Goods Sold, Job Costs, or Project Costs
  • 60000 to 69999 = Expenses or Overhead Costs
  • 70000 to 79999 = Other Income
  • 80000 to 89999 = Other Expenses
  • 90000 to 99999 = Non-Posting

QuickBooks Desktop | Adding Bank and Credit Card Accounts
Adding Bank and Credit Card accounts in QuickBooks Desktop
How to add Bank and Credit Card accounts in QuickBooks Desktop

I hope this will be helpful for someone out there and Thanks for Watching & Don’t Forget To Like, Share & Subscribe.

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Opening and Closing an Existing File in Quickbooks Desktop

It’s important to know whether the company file you are working on is the current one. If it’s not, things may take a slightly wrong turn and the file may get messier which will not provide you with the accurate Financial information and…..

Opening and Closing an Existing File in Quickbooks Desktop

Well, it’s important to know whether the company file you are working on is the current one. If it’s not, things may take a slightly wrong turn and the file may get messier which will not provide you with the accurate Financial information and you will end up making wrong business decisions. So, in this tutorial we will see whether how we can open and close a concerned company file in QuickBooks desktop.

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I hope this will be helpful for someone out there and Thanks for Watching & plz! Don’t Forget To Like, Share & Support.

How to update values in excel on the go or on the spot

Well,…Sometimes, you received a report from your subordinate to present during the board meeting but at the eleventh hour… you received a message or call from him/her informing you the change in the actual data and you need to make these changes in the values on the spot.

So in this tutorial, we will see how we can make changes in the data right away.

#excel #changedata #changevalues

I hope this will be helpful for someone out there and thanks for watching.

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