How to properly enter Credit Cards in QuickBooks Workshop + Live Q&A

Learn how to: Set up your credit card in QuickBooks in the chart of accounts
*Add a beginning balance
*Enter Credit Card Charges
*Reconcile Your Credit Cards
*Apply Partial or Full Payments inside QuickBooks.
*Plus live Q&A


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Timestamps:

0:00 - Intro/Sharing
2:11 - Thought of the day
4:54 - Vendor center
8:20 - Setting up/ Entering Credit Cards
11:02 - Enter Opening Balance
12:16 - Credit Card explained
12:56 - Cash vs. Accrual
15:47 - Entering transactions (credit card statement)
17:17 - Expense/Items tab
18:40 - Does this apply for debit cards?
19:20 - Where the problem comes in?
19:30 - Reconcile credit card
23:16 - Recommended
24:26 - Reconcile Now (Make Payment explained)
26:15 - Pay credit card
27:57 - Checking Chart of Accounts
28:44 - Entering additional charge
29:40 - Enter Bill feature (Make Payment)
35:45 - How to track multiple credit cards or corporate accounts
38:25 - Items list
38:57 - Bank Feeds download
40:49 - Entering credit cards (New Year)
42:05 - Journal Entry or enter each statement as a summary
47:00 - Final Thoughts


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