The objective of reconciliation is to match the transaction and balances between the ledger in QuickBooks Online (QBO) and the bank statement and pick up data entry errors.

Online Delivery is a term used by QuickBooks Online to deliver an HTML formatted invoice via email. It tracks the progress from the moment the customer opens up the email to making payment.

Simple, but yet could be challenging for some. Switching over to new software, often, get overwhelmed by the rich features available; confused and wouldn’t know where to start. Although QuickBooks Online (QBO) is a cloud-based accounting system, suppose to be easy to use, it may still be challenging for some. After entering the company name […]

You may use the class as a departmental account. Set up marketing, R&D, production, etc. as a class; then, tag it to each income or expense account when creating an invoice or bill.

Software: QuickBooks Online Singapore ( QBO ) You can use either Class or Location feature in QBO (QuickBooks Online Singapore) to segregate your financial report. Although both class and location looks similar, they are different. You should consider carefully before using them. Class: When Classes are used, they get attached to the detail portion of […]