Quickbooks Checks Assigned Cleared Payments
In this Video of we responded to a scenario question in our Quickbooks Forum section on whether to Add or Edit an existing credit card number.
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Categories: Accounts Payable Training, Quickbooks Training Videos Tags: accounting 101, how to assign check numbers in quickbooks, payment cleared
6 Responses to “Quickbooks Checks Assigned Cleared Payments”
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Thank you!
I am so happy to follow your tutorials because I was trying to begin to use the software and I could not figure out where to start. You are explaining very very well.
The other reason that I have to comment is that I believe that your George is in fact a Georgette if you look back at her signature.
In your response, have forgotten to ajust the balance of the new card ?
There is no “To be printed” tickbox on the bill payments window on the last part for me. On NO., there is “to print” but i cannot change it. How do I make the “to be printed” tickbox appear?
You are doing very good work.
i and may be many of others may have confusion on writing checks in quickbooks. What is i do not use online banking linked to quickbooks, my bank has their special check paper i can’t use check printed our from my quickbooks. so can you clarify it in a video? What’s other use of this feature if I do not print checks and do not use or can not use online banking with plain paper checks.
How do I handle if i pay my vendors via cash in hand and if I invest in business with cash as capital?
Please email me once you post such videos clarifying above.
Thank you in advance.
Hello Saba,
Thank you!
Answer to first partI am not sure what you are asking. You cannot print checks on blank paper in QuickBooks. When you pay bills online or with Online Banking you don’t need paper checks a all. If you want a paper proof of the electronic bank payment you can print the check on plain paper just for your records.
Usually if you purchase checks from your bank they offer checks that are compatible with QuickBooks. If they don’t specify, ask if their checks are guaranteed to be compatable with QuickBooks.
Answer to 2nd part1) If you pay vendors via cash in hand you need to set up a bank account called Petty Cash or Cash Account. You would then enter a check with that account in the “Bank Account” field at the top of the check.
You could also enter a bill instead of a check. When you go to the Pay Bills window, choose that account field at the bottom of the window.
Important note: QuickBooks always defaults to the last account used in the pay bills window Unless you set up an account to use by default.
You set up a default account by going to Edit: Preferences; checking, Open pay bills form with; then choose the account you want to use.
2) If you invest in your business with cash it does go to a Capital Account. It can be an Equity Account called “Capital Contributed”.
If you are a partnership use “Capital Contributed by _____(name of owner)
Good comments , I learned a lot from the points – Does someone know if my company would be able to get a template TX IACA UCC3 document to complete ?