When you need to enter a Vendor Credit in QBO, which you can apply the next time you buy something from that supplier, usually, the process is pretty straightforward.[favorite_button]
Markups allow users to charge a percentage above their cost on billable expenses. QBO does not have this ability. Until now, check out Bundle Trick for Estimate Markups.
Intuit continues to add features to QuickBooks Online that support inventory management. The latest feature is QuickBooks Online Purchase Order partial receipts, which will help many inventory-centric businesses. Let’s take a look at how this works.[favorite_button]
Vendor Credits and Refunds seem to stump end users. I’ve often found clients who created income accounts for credits and refunds. This has led me to believe there could be a short circuit in their understanding of the bookkeeping associated with vendor credits and refunds.[favorite_button]
We recently laid out the benefits of using QuickBooks Online for bill entry and payment. It’s faster than manual methods. It leaves an electronic record of your accounts payable. And it helps ensure that bills are paid accurately and on time.