How To Mark An Invoice As Paid In QuickBooks Online

QuickBooks Online (QBO) is an easy-to-use cloud-based accounting software designed to help businesses manage their financial transactions, including invoicing and payments. If you’ve received a payment from a customer, marking the invoice as paid is essential for accurate bookkeeping. This guide will walk you through the process of marking an invoice as paid in QuickBooks…

How To Mark Invoices Paid In QuickBooks Desktop

QuickBooks Desktop is one of the most widely used accounting software solutions for small to mid-sized businesses. One of the key tasks within QuickBooks Desktop is managing invoices and marking them as paid when you receive payments. This ensures your records are up-to-date, and your accounts reflect the correct outstanding balances.  This article will show…

How To Mark Invoices As Paid In Zoho Books

Zoho Books is a cloud-based accounting software that helps businesses manage their finances, including creating invoices, tracking expenses, and generating reports. One of the key tasks within Zoho Books is marking invoices as paid when you receive payments from your customers.  In this article,  we will show you how to mark invoices as Paid in…

DIfference Between Deleting an Invoice an Voiding an Invoice QuickBooks Desktop

In QuickBooks, deleting an invoice and voiding an invoice are two different actions, each having its own impact on your records. Here’s a detailed breakdown of the differences between them: 1. Impact on Financial Records: 2. Audit Trail and Reporting: 3. Reversing a Voided Invoice vs. a Deleted Invoice: 4. Usage and Best Practices: 5….

How To Use General Ledger Codes in QuickBooks Desktop

Using General Ledger (GL) codes in QuickBooks Desktop ensures that your financial transactions are recorded in the correct accounts, enabling accurate financial reporting. Once you’ve set up your Chart of Accounts with specific GL codes, you’ll need to assign them to transactions such as invoices, bills, journal entries, and bank deposits. Here’s how you can…

How To Set Up General Ledger Codes in QuickBooks Desktop

Setting up General Ledger Setting up General Ledger (GL) codes in QuickBooks Desktop involves configuring your Chart of Account. Chart of Accounts This is where you define the accounts used for your business’s financial transactions, and each GL code corresponds to a specific account. Here’s a step-by-step guide on how to set up General Ledger…

How To Set up General Ledger codes in Sage Desktop

Setting up General Ledger (GL) codes in Sage Desktop involves creating and configuring a chart of accounts, where each GL code corresponds to a specific account used for tracking financial transactions. Sage provides tools to define these codes codes for accurate bookkeeping and financial reporting. Here’s a step-by-step guide on how to set up General…