Blog Layout

QBO Hack – How to Record a Retainer or Deposit

proact • Aug 14, 2019

QBO Hack – How to Record a Retainer or Deposit

Some businesses receive retainers or deposits from customers before delivering products or performing services.

This will show you how to set-up your QBO to accept these deposits and how to record your transactions when you invoice your customer.

Sign up for updates!

Get bookkeeping and accounting information, QuickBooks tips and help, apps that will help you run your QuickBooks better and small business tips to keep you in the know and try to make your life simpler.

Email (required) *

First Name

Yes, I would like to receive emails from ProAct Bookkeeping. (You can unsubscribe anytime)

Constant Contact Use. Please leave this field blank.

_{By submitting this form, you are consenting to receive marketing emails from: ProAct Bookkeeping, 20302 G. Street, Rupert, ID, 83350, http://www.proactbookkeeping.com. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact}

The post QBO Hack – How to Record a Retainer or Deposit appeared first on ProAct Bookkeeping.

< Older Post Newer Post >

Mail

Error on your Tax Return, What You Can do

By Karen Johnson • 25 Aug, 2021

If you made an error on your tax return, don’t worry—there are two easy ways to fix it: A superseding return A qualified amended return A superseding return is an amended or corrected return filed on or before the original or extended due date. The IRS considers the changes on a superseding return to ... Read more The post Error on your Tax Return, What You Can do appeared first on ProAct Bookkeeping.

Internal Controls – Why Important

By Karen Johnson • 25 Aug, 2021

What Is Internal Control? In accounting, a key term to know is “internal control.” Internal control is the series of processes and procedures that are performed within the organization to ensure the integrity and accuracy of the financial information and reporting of that organization. Internal control is very important to consider in order to protect ... Read more The post Internal Controls – Why Important appeared first on ProAct Bookkeeping.