You are such an incredible teacher!!!! Thank you so much, I am glad I found you!!!! 😄😄🙏🙏
@HectorGarciaCPA4 ай бұрын
You are so welcome!
@junecedmonds43046 күн бұрын
You are a Godsend. I am brand new to doing my own biz accounting and am glad to have found your videos. GROUPING!! Can't wait to learn more from you. You are a great teacher. Thank you!
@HectorGarciaCPA6 күн бұрын
:) Grouping is super helpful
@xiaohuawang99822 ай бұрын
Thanks, Hector! You're an amazing teacher! I learned a lot from your videos!
@HectorGarciaCPA2 ай бұрын
:)
@rhips5 ай бұрын
you are a business accounting life saver! Thank you for this content.
@HectorGarciaCPA5 ай бұрын
:$
@VitrerieCitadelle3 ай бұрын
Cannot thank you enough for your videos! Super helpful and detailed!
@HectorGarciaCPA3 ай бұрын
Glad you like them!
@michelleamancio70846 ай бұрын
I'm glad I found you Sir. So precise and clear. Thank you so much
@HectorGarciaCPA6 ай бұрын
:)
@user-dm8lt3hz3z5 ай бұрын
Maybe this will help - you can take a picture of the receipt and email it to a specific email (make through quickbooks) and quickbooks will read the receipt information and all you would have to do is edit/add info about the receipt
@HectorGarciaCPA5 ай бұрын
Its an option..
@brendachandler4655 ай бұрын
Hi Hector! Thank you for the terrific videos!
@HectorGarciaCPA5 ай бұрын
Glad you like them!
@yesterdaysfire6 ай бұрын
So So So So So Helpful! Thank you Hector!
@HectorGarciaCPA6 ай бұрын
:)
@kuyakambo23273 ай бұрын
Thank you for this great video!
@HectorGarciaCPA3 ай бұрын
You are welcome
@mandomestizo7 ай бұрын
Hi! Im a new sub as of today! Thanks for the information you put out there! is very helpfull!
@HectorGarciaCPA7 ай бұрын
Awesome.. check out the full 1 hour course on thiszzz
@SmctsorianoАй бұрын
Thank you so much sir...God bless you.
@HectorGarciaCPAАй бұрын
:)
@marthagarcia3937Ай бұрын
Hi Hector, I love this video very clear and to the point. Quick question, I am using QB Online, the bank account has been connected to it and I want to categorize meals and entertainment and I can’t find that option. Any suggestions?
@HectorGarciaCPAАй бұрын
Go to the Chart of Accounts and create any category you want
@payalgurjar43396 ай бұрын
If you enter this way, there will be no description and memo matching bank statement, it will make auditing difficult and if we check transactions list by date, it will take forever to check. I recommend adding memo from the bank statement, it will ease transaction list by date checking much easier - we can always add what it is for in suffix
@HectorGarciaCPA6 ай бұрын
I agree.. but you do get the bank text data downloaded from the bank.. is the additional memo the user would need to add
@payalgurjar43396 ай бұрын
@@HectorGarciaCPA yes exactly when you are adding manual transaction in register, we should add line from the banking or from the statement. For other- if you categorize from bank feed, banking description will show up in memo and description, when you add through register, only memo will show up.
@ZhibekAbdyldaeva-m3kАй бұрын
hello, thanks for your video. Could you explain how to record advance payment to vendor/from customer please How to categorize them
@HectorGarciaCPAАй бұрын
Ill do that soon
@maribelamante12385 ай бұрын
thank you for this video
@HectorGarciaCPA5 ай бұрын
My pleasure
@qamarzamanadmin1933Ай бұрын
The way of teaching is so great, Thank you.! Can you teach us on Xero Also.
@HectorGarciaCPAАй бұрын
I dont use Xero
@qamarzamanadmin1933Ай бұрын
@@HectorGarciaCPA ok, thanks for this.
@qamarzamanadmin1933Ай бұрын
@@HectorGarciaCPA dear, can I know how to add new balance in my petty cash account that is used to pay expenses if opening balance is ended.
@larrymoss63876 ай бұрын
What is your philosophy about adding vendors? Do you enter a vendor if the expense is a one off? In that case, isn't recording the vendor name in the memo field sufficient?
@HectorGarciaCPA6 ай бұрын
I always add them
@joanmiceli-muhlbauer53142 ай бұрын
Hector I have been watching you for decades and have guided my own QB clients to your station for more detail. I am a ProAdvisor who LOVES my Desktop versions! Training myself via your videos now for the QBO which has so many different aspects then QBD! I have a question after watching this video. I have creating a new vendor "on-the-fly" for the Bank Transactions. Working with QBD, I know that if I assign "on-the-fly" a vendor and add the appropriate COA (category), it will be the COA now assigned to that vendor. THOUGH I see when going back to the Bank Transactions, that COA I associated did not come over on this screen. It remained at Uncategorized. Is that who this will work? Thank you always! You have been a savior! Joan
@HectorGarciaCPA2 ай бұрын
It doesn’t assign it automatically unless you create a rule for it
@CPAforPFA5 ай бұрын
Fantastic review 😊
@HectorGarciaCPA5 ай бұрын
Thank you 🤗
@edlicerbowe99702 күн бұрын
How can you add VAT to expenses while in charts of accounts
@HectorGarciaCPA2 күн бұрын
I dont work with non-US companies :(
@vampira77342 ай бұрын
Hi Hector, so I was asked to add expenses from a receipt to QB, do I have to create a vendor for each receipt even if we use them once? Example: 1 for each restaurant , uber and hotel.
@HectorGarciaCPA2 ай бұрын
Y use a different vendor even if only used once
@sandranoyola1209Ай бұрын
How do you categorize uniform en quickbooks online ? Thanks
@HectorGarciaCPAАй бұрын
There should be an Expense category for “Uniforms” if not it can go under Marketing
@iaraprocopio85916 ай бұрын
Hi Hector Garcia, thank you for your great videos! :) I have one question, please: How do I split a bank transaction between multiple PAYEES, please? I paid an invoice through PEO Plataform for salaries for employees, and sales commission for a Vendor, and the expense under a bank account appears to be categorized? I always like to add payee, but in this case, I don't know how to do it - thank you in advance :)
@HectorGarciaCPA6 ай бұрын
a single transaction can only have one payee...
@guiaobed42896 ай бұрын
Hello, do you have explanation about Intercompany Due(to)/From Company? How to categorize this account?
@HectorGarciaCPA6 ай бұрын
I dont have a video on that
@TishTravel4 ай бұрын
hello hector...i just got through watching this and another video in the series...i'm trying to follow along with my qbo accountant test drive version...but it constantly logs itself out when i step away, even after i changed the time limit to 3 hours...so my question is, if i sign up for the regular accountant version, will i still be able to use it as sort of a guinea pig to play around and learn with?...i'd like to use it as a practice sheet that i could later wipe clean when i actually get a bookkeeping client lined up...what do you think?...what's your advice on getting my feet wet that way?
@HectorGarciaCPA4 ай бұрын
I create 30 day free trial accounts to do testing
@TishTravel4 ай бұрын
okay thanks...i'll consider that option too@@HectorGarciaCPA
@reyj94314 ай бұрын
Hi I Just wanted to ask if i have a invoice from a supplier but it was paid on the day that I got the invoice, do i record it under expenses or suppliers?
@HectorGarciaCPA4 ай бұрын
Its just an expense transaction
@karlacarreto1285 ай бұрын
Hetor, is there a way to change the name to the category?
@HectorGarciaCPA5 ай бұрын
Im publishing a video next week about the options available for that