QuickBooks Online (QBO) Plus can’t tell you how to plan the next year in terms of numbers, but its tools can make the mechanics of budgeting with QBO. Your Fiscal Year Start Do you know exactly when your fiscal year starts? You’ll need this information before you can get started on your budget. […]
Charging for Billable Time in QBO Part 2
Let’s start by entering your own billable time. You can see how this screen looks by clicking the plus sign (+) at the top of the screen, then Employees | Weekly Timesheet. The screen looks very similar to a paper time card. If you entered a single activity for a billable time block, all of […]
Billable Time in QBO Plus, Part 1
Billable Time in QuickBooks Online – Settings Before you can start using QBO’s time-tracking tools, you’ll need to make sure that this feature is turned on. Log in to QBO, click on the gear icon in the upper right of the home page and select Account and Settings. Click on the Advanced tab. Both of the settings in the Time […]
Tracking Products and Services in QuickBooks Online (QBO), Part 2
Company Settings If you’ve tried creating Inventory Items in QuickBooks Online (QBO) but have only been allowed to set up Services or Non-Inventory Items, you missed a step when you were completing your Company Settings. Click on the small gear icon in the upper right (next to your company name), then on Settings | Company […]
Tracking Products and Services in QuickBooks Online (QBO), Part 1
Building Inventory Records QuickBooks Online’s inventory-management tools help you: Create thorough records for each product and service that you sell. Fill out sales and purchase forms — like invoices and purchase orders — quickly and accurately using these item records, and, Generate reports that provide the real-time status of your inventory. Figure 1: You […]