CH 4 QBO

Question	Answer
bank reconciliation	a bank reconciliation is the process of comparing or reconciling the bank statement with your accounting records for the checking account
bank deposits	Select new, select bank deposit, select account
Check Register	Nav bar, accounting, chart of accounts, view register
Record money coming in	1. customer sales using sales receipts 2. customer sales using invoices > receive payments 3. bank deposit
Money Out	New Icon, expense, Payee, Amount
Money Out Check	New, Check, Payee, Bank, check Number.
Checking accounts	A company needs one business checking account in the business name
Record money coming out	1. expense 2. check 3. bill > pay bills 4. purchase order > bill > pay bills
Recording expense	new icon, expense, payee

Resource summary

	Created by Austin Egg over 1 year ago