![]() QuickBooks, and general accounting conventions, provide two different approaches to measuring revenue. If you read that, some of this material will look a little familiar. Note: I did a post a couple of weeks ago about how to record expenses in QuickBooks. But first, we need to start with some background information on cash basis versus accrual basis accounting so this all makes sense. I’ll explain when to use the Create Invoices feature versus the Enter Sales Receipts feature, how those features are different, and why they exist. This short blog post explains how to record your business’ revenue in QuickBooks. Download Your Free Copy of the Thirteen Word Retirement Plan.Five Minute Payroll Monograph (2019 Edition).Small Businesses and the Affordable Care Act (Obamacare).Preparing Form 3115 for the Tangible Property Regulations.Setting Low Salaries for S Corporations.
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