Accounts receivable, or A/R for short, records the amount of money customers or third parties owe your business. You can easily set up A/R tracking, or an accounts receivable account, in QuickBooks to ...

Companies that grant loans and want to track the repayment with QuickBooks can create an Other Asset account if the loan should be repaid over a period of more than one year. If the loan needs to be ...

Many business owners are familiar with Intuit QuickBooks — one of the leading accounting software programs for managing payroll, operations, accounts receivable and numerous other financial functions.

Most businesses offer their customers the option to pay on credit — often called “trade credit” — to provide added flexibility and convenience. When a customer purchases a product or service on credit ...

Regardless of whether you are using QuickBooks desktop software or transitioning to QuickBooks online, missteps during setup can have a long-term negative impact on outcomes. Incorrectly categorizing ...