how to enter expenses in quickbooks 2016

These reports are available in QuickBooks Online Essentials and Plus only

On the search bar, enter Accounts Payable Aging Summary or Accounts Payable Aging Detail and select the report you want to review.

QuickBooks Online Task #3: Confirm supplier account balances, pay bills and write checksīy year-end you should be paying any outstanding bills that you owe and addressing any credits, discounts or products that you are owed from your suppliers (if applicable). You must also confirm that all deposits are cleared, so they are not included in your current year’s income.

In the Create Statements window, select Print and Preview to print the statement, or select Save and send to create and preview an email to send with the statement to the customer.

From the Action column drop-down menu, select Create statement.

Locate the customer you want to send a statement to.

Review the report to identify customers with outstanding balances.These reports are available in QuickBooks Online Essentials and Plus only In the search bar, enter Accounts Receivable Aging Summary or Accounts Receivable Aging Detail and select the report you want to review.

QuickBooks Online Task #2: Check customer account balances, send statements, and clear outstanding deposits In the Accounting section, verify that the setting in the First month of the financial year field is correct, or select the pencil icon to change the setting.To confirm or change the first month of your financial year: QuickBooks Online Task #1: Confirm the first month of your financial year Here are the tasks listed in the QuickBooks Online Business Community Section. When it comes to year-end, there are certain tasks that you must do in QuickBooks Online in order to close the year and prepare for a new one. Set whether or not a password is needed to change closed transactions.Under Accounting, put a checkmark in the Close the books box.You need to click the Company name (gear icon), in the upper-right-corner.In just eight steps, first you must close your books in QuickBooks Online: As an outsourced accounting firm with expertise in QuickBooks Online, we work with many businesses to help them close out their books for year-end.

How to enter expenses in quickbooks 2016