Vendors Module

Setting up an Item and Paying non-employees for Time Worked

In a previous segment I covered an area to do with timesheets or time data for employees. There will be situations where you have to pay people for their time,  that are not on your payroll.  Fortunuately for you, QuickBooks can transfer the time data for a specified date range to a cheque for non-employees. How this is accomplished is by QuickBooks prefilling the Items tab of a cheque with...

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Pay Bills & Handling Credits in QuickBooks

This is an unusally longer than normal segment, since it is dealing with paying bills, applying credits, printing cheques and entering manual cheques, so grab a coffee! In the last segment there were three bills entered so in moving forward I will escalate the time frame in order to show you how to pay these. From your Home page click on the Pay Bills icon. If you happen to be in the Vendor...

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Entering Bills & Credit Memos in QuickBooks

In Entering Bills, as a measuring gauge, use the Expense tab when recording overhead expenses such as telephone expense, hydro expense, vehicle repairs, etc. and use the Items tab if you use job costing reports, if you make client-specific purchases, or if you track overhead items such as office supplies, small tools or shop supplies. Trainer’s Tip – If recording a purchase for...

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Adding New Vendors in QuickBooks

In continuing with this series we now come to the Vendor module. We have been using as an example a British Columbia service based company that provides consulting for companies both on and off-site. In this segment I will deal with adding new vendors. From the Home page let’s check to see if any Vendors have been set up as yet. If you answered the Sales Tax question in Preferences...

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