Question

In: Accounting

Bills can be paid when they are received or when they are due. Which features in...

Bills can be paid when they are received or when they are due. Which features in QuickBooks are used to record receipts and payments? How are cash purchases recorded? Why is the QuickZoom feature important?

Solutions

Expert Solution

ANSWER:-

Highlight utilized in fast books to record receipts and payments is 'Banking menu'.

After you select the financial menu, you will see the receipts tab. this is the place you can deal with your cost receipts across the board place

Steps to Record cash purchases:-

  • Dispatch Quick Books and sign in by giving required subtleties
  • Investigate the menu and discover 'records'
  • Parchment further and discover 'Diagrams of Accounts'
  • From the drop down menu, discover 'Record' and afterward click 'New'
  • Presently select 'Bank' and afterward click 'Proceed'
  • Enter the record's name in account field.
  • Pick 'o' for the initial adjust and pick current date
  • Snap 'Spare and Close'
  • Select 'records' from the menu again and pick 'Outline of Accounts'
  • Discover the money account you have made at this moment and snap on it.
  • Enter the payee's name,receipt sum in section gave.
  • You can press'Tab' to move to next line.
  • Starting from the drop menu, pick 'Record' that you need to connect the record with.
  • On the off chance that you need to part the sum, you can 'Split' and enter the sum.
  • At long last, click 'Record' and the procedure will be finished.

Quick Zoom :-

Brisk Zoom is include that is accessible on collection premise reports. Fast zoom lets you click any thing in a Quick Books report to see more detail or to zoom to the report's exchange detail, So Quick Zoom highlight is increasingly significant.

Steps to Quick Zoom :-

1. Open the report

2. In the report window, position the mouse pointer over a thing on the report. at the point when you float over a thing that you can see detail for, the cursor changes to an amplifying glass with a 'Z' inside it

3. With the Quick Zoom cursor indicating , double tap. the detail for the thing shows


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