How to use QUICKBOOKS ONLINE (2024)

[@AccountingStuff]

Which other Accounting Software would you like me to review? 🍊 ✨AFFILIATE LINKS ▪ QuickBooks Online USA (FREE TRIAL / DISCOUNT) → geni.us/quickbooksonlineusa ▪ QuickBooks Online Canada (DISCOUNT) → geni.us/quickbooksonlinecanada ⏱TIMESTAMPS 00:00 - Intro 00:19 - What is QuickBooks Online? 00:35 - What does QuickBooks Online do? 00:52 - Which version of QuickBooks Online is right for you? 02:42 - What does QuickBooks Online look like? 03:55 - How does QuickBooks Online work?

[@andynyendwa-jd6ct]

Pastel

[@hassansasbangura]

Built Accounting

[@AccountingStuff]

Thanks!@@hassansasbangura

[@alibinsaleh9752]

Dynamics 365 from Microsoft please 🙏🏻

[@AccountingStuff]

Thanks for your request@@alibinsaleh9752

[@Star-vg7ix]

Nice and slow coverage for a beginner's video. Thank you.

[@AccountingStuff]

You're very welcome :)

[@chrisnew3297]

Hey James I thought about a great video and this might be a little difficult but basically find a local business say a dentist office and see if you can get their invoices and bills for a month (of course black out sensitive information) and have a video where we can practice doing someones bookkeeping using quickbooks for a month as if its the real thing and have the answers to see if we recorded everything correct. I think that would definitely help a lot with people wanting to get into the bookkeeping space.

[@AccountingStuff]

Great idea! Thanks for suggesting it

[@chrisnew3297]

No problem keep up the good work!@@AccountingStuff

[@christinwoodrow9297]

I would definitely do this!

[@thegamingenderman1724]

I was just learning using the old video 😂. The timings coukdnt have been better !! Thank you for providing such amazing videos. Keep it up !! Also,is there any way you could do one for Sage ? As your able to make them soo easy to learn. Once again, Thank you very much .

[@AccountingStuff]

Thanks for your request! I'll look into Sage for the next one :)

[@rebecca3430]

Hi I have my accounting exam for aca’s coming up soon and I’m really confused by one type of question. I know the calculation to answer it but can’t get my head round the T accounts for it. It’s rent receivable so the question will say X amount was received as rent in 20X5. Beginning of FY there was rent arrears of Y, and rent in advance of Z and end of year rent arrears of A and rent In advance of B. I know which to minus and which to add but cannot work out why/the T accounts for this particular scenario Thank you! Love your vids!

[@DC_MARYLAND_VIRGNIA]

Will definitely help for the interview. Fake it till you make it!

[@AccountingStuff]

Best of luck!!!

[@Jimmyhndrx]

I am going to like first and then watch it cos that is what I ve been looking for!

[@AccountingStuff]

Thanks, hope it's helpful!

[@gorazda4908]

James I think u should do a summery accounting video for ppl before test

[@AccountingStuff]

Thanks for your suggestion!

[@lyssacox7941]

Good Morning James, Thank You For The Video I Found This Help To Giving A Summary Of What Quickbooks Online Is Short Examples On How To Use Each Section From The Drop Down Menu Navigating Section. I See Some Of A fEw People Are Complaining About The Video Not Having Enough Or Too Much But, This Was Good For Someone Who Does Not Know What Quickbooks Online Is---This Is A Summary Or Overview Not A Class. Since It Is Current And I Just A Week Plus Ago Just Found You And Your Older Info, This Is Help For 2024 Going Forward, Alot Has Changed In Our World In Just 4yrs. Let Alone 1yr.----There Is A Big Push To Go Automation Even More By 2030 In Many Sectors Of The Market Place ETC It Would Great To Further/In Depth As Much As You Can Online QuickBooks Online And Try not To Go Too Fast---I Understand You Want To Keep Your Videos Interesting( Pop Up! Etc), Not Boring Or Long Which Is Good But, Could You Not Talk Or Move So Fast! Lol! Thanks For The Video And I Will Get Rid Of The Older Ones Not Needed!😊

[@AccountingStuff]

Thanks for your feedback!

[@ericfortytwo5924]

Hi, new the channel. It's amazing and thank you for doing these videos. Last December I started taking courses for Bookkeeping and have obtained my first three certifications (Bookkeeping, Accounting and Payroll) and JUST began my fourth one on the subject of this very video, Quickbooks Online. Your video will now serve as a launchpad for it. :D Thanks, and keep up the good work!

[@AccountingStuff]

No worries, all the best with your studies!!

[@TheIsaanFarang]

Your platform shows Get Things Done, Business Overview, Planner. Mine only shows Home and Planner. So frustrating when trying to use these help videos and they don't actually show what I'm seeing!

[@samiahmed8483]

Hey james, can you make a video explaining bad debts if there isnt a video already made?.Love the accounting videos, they are very helpful.

[@AccountingStuff]

Thanks for your request, I'll keep that in mind for future videos :)

[@RoseEvansworkstresstosuccess]

Entertaining : made me laugh 10 mins in with "Pay Me!" Great clear presenter - Thank you :)

[@AccountingStuff]

Glad you enjoyed it :)

[@manishmurthy1229]

Explain why they name debit card and credit but there purpose are different from the accounting principle.. Advance and prepaid kind of a thing..

[@lostnfound9862]

Don't be confused, it's not about purpose but your position or bank's(other party's) position. In case of credit card, because you have to pay later it means you owe the bank so the bank records you as a debit because they have to receive from you the amount and in your books you record it as credit because you have to pay it in future. Opposite goes in case of debit card you spend from what you already have in your bank account which banks owes you i.e, the bank has to pay you, so here the bank records your amount as a credit balance and you record in your books as debit balance, basically as you know in case of debit card you spend from the bank a/c where you already have your money in debit.

[@manishmurthy1229]

@@lostnfound9862 Wow! You explain me in very simple way. Thanks a lot bro!!!

[@Bruce_Quin]

Your bank account is an equity account (equity accounts have a normal credit balance, they increase with credits)

[@mahzabinmahmood6302]

To remember, think of it from the bank's perspective. Everytime you take money they credit your account. And vice versa.

[@Yielar1]

@@mahzabinmahmood6302 Every time you take money from your bank account, they debit your account

[@nayabhussain2095]

Hello james I really love your way of teaching, I find it quite easy to understand. If you could provide step by step tutorials for reconciliation and payroll, thank you.

[@AccountingStuff]

Thanks for your requests :)

[@Don-gm2um]

can you give advice on how to track grants in QB. We have the essentials tier

[@fatemeakef3664]

I am happy you’re back!

[@AccountingStuff]

Thanks :)

[@RichellRichJalipa]

Nice video. It's very helpful. Keep it up 💪👍

[@AccountingStuff]

Thanks, will do!

[@jennygoldbergmethod7344]

Are there any formal training courses you recommend for Quickbooks online? Something that goes through step-by-step in detail on how to use the platform? Thank you. I love your content! It has been incredibly helpful! Does Quickbooks itself offer any training when you buy a subscription?

[@AccountingStuff]

Have you looked into the QuickBooks Online ProAdvisor training? I believe it's still free. quickbooks.intuit.com/au/accountants-and-bookkeepers/proadvisors/

[@jennygoldbergmethod7344]

@@AccountingStuff Thank you! I'll look into that. I also found some great courses on Udemy. 🙂

[@tirthshah1179]

@@AccountingStuffhey, it’s asking for accounting firm, which I don’t have. I just want to learn & get certified to atleast get a job. Is there any way possible? Thanks!

[@christinwoodrow9297]

@@tirthshah1179 ⁠​​⁠I just put in my name and it didn’t give me any issues. The KZbin channel “Fine Points” (a bookkeeping channel) talks about how to do it in her “FREE ProAdvisor Certification for Bookkeepers” video. She says you can change it later. Check out that vid for more! Hope that helps!

[@YokeeYang]

Many high quality videos you’ve made which help me to get better understanding about accounting. Thanks and Happy New year🎉

[@AccountingStuff]

Thank you and Happy New Year to you too!

[@KevinRynd]

I'm confused about the credit card processing fees and who pays them. How do I pass on the convenience fees to the customer?

[@njah04]

Hi, could you please offer a newbie some advice. I have been using the Quickbooks Iphone App for the past month but needed to go back as far as April 23 so logged in on my PC to do that, which I have done. How do I now get those records to sync with my phone app as they are not showing on there? Any help would be very much appreciated.

[@Matthewgb204]

I’m in a quickbooks class at my high school and am using this to study for the certification exam

[@AccountingStuff]

Good luck in your exam!

[@Matthewgb204]

@@AccountingStuff thank you!

[@AccountingStuff]

@@Matthewgb204 You're welcome :)

[@shaikhijaz9103]

Hey, thanks for the video. Do can make video for Journal entry in Quick Book?

[@AccountingStuff]

Thanks for your request!

[@OutsourcedOperations]

Great video. Very informative. Well done. Thank you!

[@AccountingStuff]

Thanks, I appreciate it :)

[@ben83733]

Hi Sir. Your videos are very useful and its helps to develop my accounting knowledge. I hav a vehicle spare parts shop in srilanka. Which version of QB suitable ro me? We have nearly 3500 items. When prepare invoice its hard to search item via search line. If there is a barcode sys in , its easy to pick items correctly. I have only problem in QB. Is there any alternative for this ?? What would you recommend to fix this problem??

[@jjpelayo54]

In your video demo, what program option did you use to do your run through? Was it the Simple, Plus or Advanced?

[@salvatorefolisi3102]

Can Quickbooks be used for project management, including tracking clients and projects?

[@LenaSlavova]

Hi James, how about quickbooks for education purposes?

[@AccountingStuff]

Do you mean to use it for practice? There is a sample company that you can play around with to get used to using the software

[@LenaSlavova]

@@AccountingStuff oh sorry. I meant I read that QuickBooks grants license upon completing their courses. Where do we get those?

[@mike-nc3qj]

I have question please. Lets say I am an assistance office and do service for many companies like doing books and records.l, payroll and other staff. What is best quick book for that.

[@TeacherCast]

Can you create a proposal where the other party can update the quantity they want to purchase?

[@ApgrantCagoco]

Great video. Relevant.😊

[@AccountingStuff]

Thanks!

[@urfbi_agent3140]

Hello James! Do you think quickbooks will be a good idea to use for a university club where we are trying to create and maintain a budget, manage club finances, create a cash flow and come statement, and generate charts based of the information?

[@AccountingStuff]

Possibly, but you may want to look around and compare it against the other options.

[@JamstarTv]

Hi there 🙋 James thanks for the vid extremely helpful advice for my with my cleaning business lots of hints where to find things that appear to be hidden.. Could you please do a vid on the different things that aren't accessible on Qb app compared to desktop site I've found a couple of things recently I've been using Qb for nearly a year now and it's simplified my bookkeeping so much compared to old fashioned ledger I used to use thanks again for informative vids.. Also could you please do a vid where you allocate your payg payments and also gst payable (under which heading) there's a few similar ones and I don't know which one I'm supposed to use when I pay my payg and gst..

[@AccountingStuff]

Thanks for your request!

[@riniscollaku7848]

Hey guys, I wanted to ask. Is this good software to use if I own a small bakery? That makes a yearly revenue of $60,000 with seven employees. Does this software sound good?

[@zaddockokick.1073]

Yes it is... Saves you on cost

[@manudagunawardana1673]

Hello James, I am a huge fan of your lessons. 😊 Would it be possible for you to cover petty cash books 📖💰 in one of your future lessons? 🙏

[@AccountingStuff]

Thanks for your request! I'll keep this in mid for future vids :)

[@manudagunawardana1673]

@@AccountingStuff Thank you so much! 😄

[@AccountingStuff]

No worries@@manudagunawardana1673

[@jayf2898]

Thanks so much, this really help

[@AccountingStuff]

No problem :)

[@atichatur7033]

Much needed. Thank you so much.

[@AccountingStuff]

You're very welcome :)

[@muhammadnuhman1196]

Does quick books not have delivery orders for partial delivery of items?

[@TerryCollinsP31Lifestyle]

WOW!!! This gives us a balance sheet

[@MarquitaMatney]

Thanks for the video!

[@AccountingStuff]

You're very welcome :)

[@ABCORLANDO-s5u]

How can you send several invoices to the same client? I'm not talking about Estatement, I'm referring to a client who wants all of his invoices open. I've only been able to send them one by one and what I need is for them all to appear in the same email. Is it possible? How?

[@GDPWorking]

I signed up for $6 (Canada)

[@ScorpioMami415]

Great video, thank you!!!❤️❤️❤️

[@AccountingStuff]

Thanks, glad you found it useful!

[@manishmurthy1229]

And can you make video on "why it shows debit when money deduct from my bank account and credit when it receive amount"?

[@AccountingStuff]

I cover that in this video: kzbin.info/www/bejne/mpXFZ2iIqsl6n5I

[@manishmurthy1229]

@@AccountingStuff thanks again 🙂

[@AzharKhan-xd3vx]

Bro i need a point of sale software for my shop, can i get any?

[@sam27376578]

May I ask why my expenses section look different than yours? I only have "category, description, and amount". But you have "category, description, amount, billable, tax, and customer". I've difficulty entering the tax every time doing bookkeeping... Plz help

[@reemamariyadavis440]

Hi! Just came across your videos! Really amazing. Is there any chance you could do videos of tally

[@AccountingStuff]

I'll look into it!

[@sefamimiabbo272]

I do day trading so is this a good app

[@mrfredyramirez]

Hi I need help! I have a small business, 2 employees, not much going on... I want to do payroll and send invoices and P&L for reports providing to insurance companies. Which one do you suggest? thanks in advance

[@AccountingStuff]

It's hard for me to say because every business is different. Are you planning to do your books yourself, or do you have an accountant?

[@mrfredyramirez]

@@AccountingStuff me this time . But the reason why I am looking for qb is for handing this to an accountant. Ty for your help

[@davidadamson3664]

Good instruction. Thanks.

[@AccountingStuff]

Thanks, glad you enjoyed it :)

[@TerryCollinsP31Lifestyle]

Is the journal entries in quickbooks using accrual accounting; double entry accounting?

[@DitaAjengPravitasari]

I can not sign up quickbook it says manage javascript clear cache and cookies.. blaaa.. blaaa.. Already allow javascript, clear cache and cookies tried another browser but still remain the same.. I’m living in Indonesia anyway..can quickbooks used in indonesia ?

[@Ratbane]

Hi! I have a question. Do you think your all in one cheat sheet would still be beneficial for someone who just graduated college with a 4 year degree in accounting? I am going to be working in the accounting field soon and want to make sure I am well prepared

[@AccountingStuff]

You can use them as reference sheets for different accounting topics. I still use them now. If you are unsure then you can get this one for free to see if it's helpful: accountingstuff.com/shop/accounting-equation-cheat-sheet

[@JulieHicks-dp4uq]

What’s the best laptop for quickbooks online?

[@AccountingStuff]

QuickBooks Online isn't a particularly demanding software so you don't need to get a fancy laptop for it

[@BaileyMacPherson]

Can you make a video on how to print multiple suppliers remittance slips on quickbooks online

[@AccountingStuff]

Thanks for your request!

[@MitchClarke-n1p]

Is there a way to connect quickbooks to my register to track sales, taxes, and inventory?

[@JoseFlores-se3jp]

So when I send the estimate it gives out the price first and I want to find a way to avoid that

[@manishmurthy1229]

Hi James.. Can you make a video on FIFO, weightage average method and LIFO?

[@AccountingStuff]

I have a playlist covering these here: kzbin.info/aero/PL5zKSeS09l324hTFoBXWq9T3tUY_LUrn2

[@manishmurthy1229]

@@AccountingStuff thanks for help...

[@AccountingStuff]

No problem :) @@manishmurthy1229

[@manishmurthy1229]

Also, can you make video on SAP software of accounting?

[@AccountingStuff]

Thanks for your request!

[@andrewkeegan3008]

You say "attach your support" in the reconciliation function. What exactly is that?

[@AccountingStuff]

The documentation that supports the transaction. It could be a bill or an invoice etc.

[@foxjrg]

awesome presentation

[@AccountingStuff]

Thank you :)

[@lockingmailboxinstallers1276]

Whenever I convert an estimate I have made to an invoice it always changed the name to the most recent invoice instead of the estimate name... Does anyone know a fix for this?

[@kristymirandamusic1996]

Is talking to an accountant free?

[@MuhammadAbbas-qy5oz]

Hi Sir, I am an ACCA and CFA charter holder. I want to practice quick book pro advisor program certification. Kindly you please get me access for certification. I would be grateful.

[@AccountingStuff]

Isn't there a link on their website for that? I thought it was a free course

[@TerryCollinsP31Lifestyle]

Do any of quickbooks give you financial statements?

[@AccountingStuff]

Yes they do. It's all in the reports section

[@CC617]

Thanks!

[@AccountingStuff]

Legend, thanks!!

[@Khanbaba-kt8gz]

Miss your videos❤

[@AccountingStuff]

I plan to make a bunch more

[@DorianWilliams-p8v]

Thumbnails today are annoying and unprofessional, but... I guess its not clickbait fairly informative.

[@AccountingStuff]

Thanks for your feedback

[@WeiseGuy91]

Wait how do I use journal entries? Did you link to it and I missed it?

[@AccountingStuff]

8:12

[@TerryCollinsP31Lifestyle]

WOW!!!!

[@vittlesnskittles]

thank you !

[@AccountingStuff]

You're very welcome :)

[@Yo_Kelz]

King James!!!

[@caroldiamonde3116]

quickbooks accounting

[@caroldiamonde3116]

for a person getting into bookkeeping to start a business from home

[@Air-in-vp7ws]

I'm in love with you

[@barryland6555]

He goes too fast to follow.

[@AccountingStuff]

Sorry about that! Thanks for your feedback :)

[@desean3402]

There’s a pause and rewind button

[@raheem201231]

Learn better

[@Alyxofficial7]

Not a great video, spent a lot of it talking about what quickbooks is and what plan to choose for it. If people are looking up accounting software and come across this video, you do not need to explain what quickbooks is. Could have made this a 8 minute video by leaving out all the useless garbage and just get to the point on what it is capable of and how to correctly use it.

[@AccountingStuff]

Thanks for your feedback :)

[@kaelindaniel6433]

@@AccountingStuff I needed this explained so whoever that is can shut up

[@GeorgeVillegas-n3l]

Almost the entirety of the video is a segment about how quickbooks works. On top of that, most of us want a simple introduction to quickbooks so this video is super helpful. If you want in depth tutorials and how-to’s then there’s tons of other videos out there. Take the negativity elsewhere

[@colin1730]

It time stamps everything for you if you wanna skip the stuff that beginners need… @alyxofficial7 dba dick

[@bbqworld2103]

@@kaelindaniel6433 🔥

[@westlinks]

I'm a big fan of you and your channel, but personally not a fan of Quickbooks / Intuit. I look at this video as a rare exception where you were probably persuaded by the corporation to promote them and get a commission on sales. QB videos are a dime a dozen because they are a greedy company and pay creators for the promos. Hope to see you return to pure accounting videos soon.

[@AccountingStuff]

Thanks for your feedback! My last video about QuickBooks ended up being one of the most watched videos on my channel. I've been getting lots of comments saying that it's becoming out of date which is why I made this one. As mentioned in the video, I am part of the affiliate program with Intuit so I earn commission if people sign up using my link. However, I've never taken sponsorship money from them or any other company. It's something I actively avoid because I don't want to compromise the integrity of this channel. I appreciate your concern and I assure you that the next set of videos will be pure accounting videos.

[@in2worship4ever]

Just because you dont like it doesn’t mean other people shouldn’t. Kind of childish of you. As you can see, most people are benefited from this type of content, also it’s 100% OK for any content creator to monetize for us users to keep getting good quality content. Just skip something you’re not interested in.

[@PureMagma]

​@@in2worship4ever they were just being honest. Intuit should be indicted for Racketeering over forcing QB Desktop users (who were paying $300 for 2 yrs) to move to an online only platform that cost over $1k annually for comparable accounting tools.

[@AnaMarieD-y7b]

I totally agree with the 2nd comment. I find this video very helpful. I’m used to the desktop version and not the online one. But apparently as technology grows and companies tend to divert to paperless transactions, I have no choice but need to learn how it works. Thanks for the video.❤️

[@whynot6058]

@@in2worship4everGreat comment!