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In this article you will learn how to enter and pay bills. To know more call on Quickbooks support number 1-877-933-1633 . QuickBooks Online makes it easy to record and pay bills, which you receive from the vendors when they are due. How to enter bills? The first thing you need to do is record your bills: • Click on the Plus icon (+) present on the Toolbar. • Select Bill under Vendors. • Select a Vendor/Vendor on the Bill page. • From the drop-down list, select the bill’s terms. • Terms indicate that when your vendor expects the payment. • Check the date of bill and then specify the date that is due for the bill. • The date of the bill when it was created is the bill date, entered, or received • The due date is the date of payment when the payment is to be made to the vendor. • Enter a number or reference in the bill no. field to differentiate the bill from others from the same vendor. • From the drop-down list choose a location to assign the bill to a spec...

If you were asked which software suits best to meet your business accounting needs. QuickBooks is the only answer for sure, doesn’t matter whether you are a small or large business owner. QuickBooks is considered as the best accounting software to run your business efficiently. With the launch of electronic commerce link in QuickBooks will offer users a huge array of valuable services and goods for enhancing the necessity of QuickBooks for accounting business.  On the other hand, it is announced that from next year onwards, with the help of this advancement in QuickBooks, users will become able to sell their services or products with the help of virtual market place bestowed by officials with assistance of electronics commerce vendor from New York. On the basis of the report, it is remarked that QuickBooks will go to create a huge place for its potential viewers as well as customers. This makes users to access QuickBooks Services directly by logging QuickBooks on its offici...

What’s the need of reviewing profit and loss reports in QuickBooks? This is the most common question that is being asked by many QuickBooks users on a regular basis. Our QuickBooks Support professionals observe that many business owners don’t much bother to view balance sheet reports. However, each business which is new in the market demands for reviewing Profit and Loss Standard Reports regularly for reviewing their business growth.    Generally two methods are made available for the purpose of reviewing Profit and Loss Reports in QuickBooks,  • Cash Basis: In cash basis method income is recognized when received and expenses are recognized when paid.  • Accrual Basis: Income is recognized in accordance to the customer’s invoice date and expenses is recognized in accordance with paid vendor’s bill.  Cash basis reporting is employed to offer an unfinished snap in time as it represents cash has changed hands, on the other hand doesn’t display u...