Learn how to reconcile your accounts so they match your bank and credit card statements. We recommend you rec.
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how to reconcile credit card statement in quickbooks
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Just like balancing your checkbook you need to review your accounts in quickbooks to make sure they match your real life bank and credit card statements.
How to reconcile credit card statement in quickbooks. This process is called reconciling. For example if you are working on the december books reconcile to the credit card statement ending in january. If you use the credit card statement you should reconcile to the statement ending in the month following the month you are working on.
If your work is interrupted while you are reconciling a bank or credit card statement you can click leave in the reconcileaccount dialog box. How to reconcile business credit card accounts in. Quickbooks training reconcile bank account to bank statement.
Lets say the card statement cutoff date is the 11th. If you have a cash safe drawer or box at the office reconcile the ins and outs of the cash in your quickbooks data. Dont miss a tip join my tips tricks.
Welcome to the fit small business quickbooks online training course. Learn how to enter credit card charges reconcile your credit cards and apply payments inside quickbooks. In this lesson we cover how to reconcile business credit card accounts in quickbooks onlineyou can follow along on your own quickbooks online account.
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