Quickbooks Online Petty Cash Transactions

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  • Опубліковано 3 січ 2025

КОМЕНТАРІ • 27

  • @rosipetrov8366
    @rosipetrov8366 4 роки тому

    Thank you SO much for this simply explained issue. Loved it!

    • @worldwidequickbooks
      @worldwidequickbooks  4 роки тому

      I'm happy to help you and I hope you will click like And subscribe

  • @spawnpoint1345
    @spawnpoint1345 2 роки тому

    Great video! Thank you so much! Could you please record video for reimburse an employee with petty cash quickbooks desktop. Cause I understand on your example, but if there is check need write to the employee for daily expenditures. In this case we will write check by “write check” or by bill and than pay bill? Thank you!

    • @worldwidequickbooks
      @worldwidequickbooks  2 роки тому

      Thank you. I think what's bets for you is the "full foundation" video to watch first. Then you will really see the answer to your question in the correct context. You will also know everything else you may need.
      ua-cam.com/video/aoWghI3kvpc/v-deo.html
      -Mark

    • @spawnpoint1345
      @spawnpoint1345 2 роки тому

      Full foundation? I’ve been looking your last 4 hours videos. And like I understood I should write checks like in your example with Verizon vendor, by payee choose employee name. But my company did one time deposit on petty cash account and then do reimburse by bill too employee and pay the bill. I’m not sure if it’s correct. Cause petty cash account never decrease. Thank you 🙏

  • @bettycedillo5783
    @bettycedillo5783 4 місяці тому

    Hello! I do the accounting for a Sub-Contractor and sometimes he makes withdrawals from the bank to pay for labor. How do I record those transactions on QB. Thank you.

    • @worldwidequickbooks
      @worldwidequickbooks  4 місяці тому

      Thank you for asking
      All contractor and subcontractor topics are in this video here.And i'm sure if you take the time to watch it , it will be clear what You need to do
      ua-cam.com/video/cSVTlP7zGso/v-deo.html
      Watch it in proper order and you We'll have everything you need
      When you're done i'm still here if you have a question
      Mark

  • @uhp100
    @uhp100 4 роки тому

    I loved this video. It helped me with setting up a new bank account without having to pay my accountant to do it. My biggest frustration now with QB is their customer service which is absolutely horrible. The trainees that they put on the phone to answer questions don't know what they are doing. It takes an hour to try to answer a question. Anyway, I have a question for you...Suddenly QB won't allow me to email invoices directly. I have to download as a PDF and send from my desk top. When I try sending one directly the customer just gets a link to pay by credit card without even getting to see the invoice. Most of my customers pay by check. It would be nice to be able to email invoices again. Any thoughts??

    • @worldwidequickbooks
      @worldwidequickbooks  4 роки тому

      Thank you for the complements
      I would check the customer centert to see if the email addresses of customers are still there.
      Secondly, I would check the preferences window, check all the settings in the "send forms" category. Read ythe help and adjust the settings as needed. If that does not work, then you have a tech support issue with your software or your computer.
      Please let me know.
      -Mark

  • @kikis929
    @kikis929 6 років тому

    Hi I love your videos they are so helpful... I have a few questions about QBO …

    • @worldwidequickbooks
      @worldwidequickbooks  4 роки тому

      Thank you so so much!! I hope you will like and subscribe
      -Mark

  • @d.j.4796
    @d.j.4796 3 роки тому

    How do you record cash that came into the business that should have been deposited in the bank and assigned a category, but was put in Petty Cash to be used for Petty Cash Expenses. The Petty Cash account had been reconciled and had a zero balance.

    • @worldwidequickbooks
      @worldwidequickbooks  3 роки тому

      Your question cannot be understood from the way that you wrote it
      Please tell me which place the cash was physically deposited to
      If it was physically deposited to one and you accidentally recorded it into the other than simply delete and re-record
      Mark

  • @OTBTS7763
    @OTBTS7763 6 років тому

    How do you record petty cash replenishment and transactions from daily sales summary prior to deposits?

  • @mohammadjamshedrain721
    @mohammadjamshedrain721 6 років тому

    when we create any company there will unnecessary account which I want clean up at a time and create as per choice how us it possible?

    • @worldwidequickbooks
      @worldwidequickbooks  4 роки тому

      You can try to delete them 1 at a time. Any account you cannot delete, you can make "inactive"

  • @mapleleaf0
    @mapleleaf0 6 років тому

    Thank you for your very clear videos! The pace at which you explain things is excellent. I have now set up my petty cash as you show. I am having a problem with my overall balance, though, and I'm wondering if petty cash is my problem. Right now my bank balance is over $4,000 and my QBO balance is -$64.53. When I run a report on my bank account in QBO filtered by amount, I can see that where I withdrew, say, $100 from an ATM and then paid $100 from petty cash shows at -$100 twice. So by inputting ATM withdrawals into petty cash as an "expense" and payment from petty cash as an "expense," am I not incorrectly doubling my expenses? Thanks for any help!

    • @mapleleaf0
      @mapleleaf0 6 років тому

      Another of your videos helped me answer my own question. I realized I was inputting petty cash from a spreadsheet and not matching the transactions with the bank feed of ATM withdrawals. I've now matched them and no longer have such a huge difference between my bank balance and my QBO balance. There is still a difference, though, so I'm off to figure that out now. Thanks again!

    • @worldwidequickbooks
      @worldwidequickbooks  5 років тому

      my pleasure and thank you for wathching

  • @COLINDUSTRIAHAYESWELDING
    @COLINDUSTRIAHAYESWELDING 3 роки тому

    Why you do not just transfer funds from the bank to petty cash. and then when you buy something pay it with petty cash.

  • @mohammadjamshedrain721
    @mohammadjamshedrain721 6 років тому

    how to clean up unnecessary account at a time ?

  • @sandynorwood1551
    @sandynorwood1551 7 років тому

    I was scratching my head on why my trial balance did not equal yours