Description:
In this video we show to you how to manage pre-payments to vendors in QuickBooks
Video:
Table of Contents:
- 00:00:00 Intro (Topics)
- 00:01:08 – Under what circumstances we will do vendor pre-payment (examples)
- 00:01:43 – Write checks
- 00:03:12 – Balance sheet
- 00:03:53 – Enter bills
- 00:04:45 – Unpaid bills detail
- 00:05:05 – Vendors (pay bills) (discount and credits)
- 00:06:05 – Duplicate checks (create 3 pre-payments) (pay bills) (discount and credits) (solution P.O reference) (example)
- 00:07:56 – Bill
- 00:09:43 – How to create a vendor credit (enter bills)
- 00:11:00 – Checking account
- 00:11:35 – Create a bill
- 00:12:08 – Vendors (pay bills) with P.O reference in the check and in the vendor credit (set credits) (assign check number) (manage pre-payments to future bills)
- 00:13:20 – How it works the bill payment-check technique (step by step)
- 00:16:23 – Prepaid item (how it works) (step by step)
- 00:17:55 – How to manage multiple pre-payments from vendors
- 00:18:18 – Reports (company & financial) (balance sheet standard)
- 00:19:08 – Top icon bar (customize icon bar) (view tab, add vendor prepayments to icon bar)
- 00:20:30 – Create vendor “x” bill (example)
