It does not delete when you cancel a transaction; instead, it creates a reverse entry to correct it and forms an audit trail for the accountant.

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 […]