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salembrewltd-gma
Level 1

I find this very confusing when entering the end of day sales are cash and visa card amounts positive or negative entries.

show me how to enter the end of day sales into the sales receipt including the figures for cash and visa debit. i have already setup chart of accounts for this
1 REPLY 1
JonpriL
Moderator

I find this very confusing when entering the end of day sales are cash and visa card amounts positive or negative entries.

Hi there, @salembrewltd-gma.

 

I'll help enter your daily sales with cash and visa card entries in QuickBooks Online.

 

You're on the right track in creating the chart of accounts to track your daily sales activity. Aside from the accounts, we'll also need to create the items for every type of daily sales.

 

First, here's how to create a category named Daily Sales to keep every type of daily sales activity in one place:

 

  1. Go to the Gear ⚙ icon.
  2. Under Lists, select All Lists.
  3. Select Product Categories.
  4. At the top right, select New Category.
  5. Enter Daily Sales as the name of your new product category.
  6. Click Save.

 

Once done, enter the daily sales type as a new product or service item. Make sure to select your Undeposited Funds account as the Income Account since we're talking about your cash and card entries.

 

From here, select every item created as one of the line transaction detail of your sales receipt and enter the amount to record your total daily sales activity for that day. Use the screenshot in this article to learn more: Record Total Daily Sales in QuickBooks Online.

 

Lastly, you may also visit our help articles for reference to use other features in QuickBooks Online. This link contains topics separated by every section on how your work is done such as account management, customers and suppliers activity, and reports.

 

If you have any other questions about recording daily sales activity in QuickBooks, please let me know in the comments below. I'll be here to lend a helping hand. Take care always @salembrewltd-gma!

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