About Markus

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About Markus

Quickbooks Online Expert

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Re: Purchase on company credit card returned

You would put it the same account. So if you have an account for office supplies there would be an in and out for the same amount going to that account.

Markus

Updated Jun 19, 2022
Re: The point of "match" in banking

The point of the match is there so you do not duplicate entries. For example if you entered and paid a bill for $100 for office supplies, once the check is cash...

Markus

Updated Jun 18, 2022
Re: Hello, I purchase a truck a while back I entered it as an asset ...

You will create a journal entry. You will not credit sales unless you are in the business of buying and selling vehicles.Your entry will look like this:Debit Ca...

Markus

Updated Aug 12, 2021
Re: One of the owners loaned $X to the company. How do I enter this ...

You will go to chart of accounts and add a liability called Loan from owner. Next you will go to bank deposit and choose what bank account it is getting deposit...

Markus

Updated Jan 21, 2024
Re: How did you start your own business?

@MassielCI understand it is a nightmare working with bad coworkers or supervisors. I was doing freelance bookkeeping business years before I started my business...

Markus

13

Updated Feb 04, 2018

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