Summary

In this chapter, you have learned how to handle many special transactions in QuickBooks Online. You may be able to take advantage of a few of these now or keep them in your back pocket for later on when you need them. To recap, you now know how to locate apps in the QuickBooks app store and add them to QuickBooks. We have shown you how to manage credit card payments from customers and how to customize sales templates such as invoices to fit your business style and brand. For those expenses that occur often, you know how to add them to QuickBooks as recurring transactions and use them when needed. If you obtain a business loan or line of credit, you know how to set these up in QuickBooks and track payments. For those incidental purchases, you can create a petty cash account, track purchases, and reconcile the account, just like bank accounts. We also discussed the importance of recording bad debt expenses, which you now know how to record in QuickBooks to ensure that your financials...