Hi All,
I'm sure this has been asked before but I'm just confused enough I'm not finding the answers I need for Quickbooks Desktop.
A bit of background (if it helps)
- Cash based sole-prop, with just the owner as employee
- Selling a package which consists of prepaid lessons, a materials fee, and a service fee
- I want to be able to use time tracking to track the weekly lessons.
- If it matters, I pay myself at the end of the month for the services render.
- Some accounting background, but not a tone.
- Fairly comfortable with Quickbooks so I don't need step-by step directions more like general ones
And example of the level of directions I'm looking for is more like:
- Create two new Other Current Asset accounts - lessons, and materials
- Create a new Service item for lessons taught. Enter the amount, and use the XYZ account
- Create a new Other Charge item. Enter the amount, and use the ABC account
If there are basic resources elsewhere that I'm missing (tutorials, videos, etc) that are targeted to QB Desktop I'm open to those. I did find on article talking about piano lessons, but that for QB Online, and I got all mixed up.
Thanks and I hope everyone out there is staying safe, healthy, and happy.
