Customizing and Memorizing Reports in QuickBooks Online

QuickBooks offers a standard set of reports by default that cover a broad section of what you’ll need, but they may not cover everything that you want to review. Fortunately, you can customize reports so they pull the information you’re looking for, and save any...

Tracking Fixed Assets in QuickBooks Online

Some equipment you buy for your organization can’t be expensed right away but needs to be capitalized and depreciated. A product with a useful life longer than a year is treated as a fixed asset. When you purchase it, hold it on your balance sheet and charge...

Processing Payroll in QuickBooks Online

Payroll is a central part of running your organization and will likely be your largest expense. Due to the complexity of tax law, state and federal withholding, and reporting, many companies outsource the function to a payroll processor, such as ADP or Paychex. This...

Reconciling Bank and Credit Card Accounts in QuickBooks Online

You should reconcile your bank and credit card accounts at least once a month, when you get your statement. Complete it shortly after getting your statement so you can identify and follow up on discrepancies in a timely fashion. (Note: some of the language in this...