They Key to Understanding Quickbooks Online Accounts Payable

[@QbuniversityOrg]

www.QBUniversity.org/Masterclass - join 1,000's of other Members who get their questions answered by me!

[@vedamomand2026]

I have a deposit for accounts receivable in the past year but there is no invoice for that. How can get it corrected in the current period

[@sarahmiller4843]

Please share how to make payment to EIDL loan for QB desktop. I enjoyed your initial video on how to record the loan, but I can't find a follow up video for the payments. Thank you!!

[@QbuniversityOrg]

You’ll split the payment between principal and interest. The principal will go against the loan and interest will be an expense

[@sarahmiller4843]

@@QbuniversityOrg Every payment for the EIDL loan that I"ve made has been double or more than what is required. So in this case all the payment will go to principal... Correct? Also, I'd love to join your materclass, however isn't it for Online QB? I have Desktop.

[@sarahmiller4843]

Last question, I followed your instructions and entered the EIDL loan, but of course my totals are off. Do I have to undo reconcile all the way back to 2020 to correct them?

[@humingbird2187]

Thank you! I’ve done quickbooks for a while and I just want to know what is the difference between online and desk top Quickbooks????

[@QbuniversityOrg]

Desktop is installed on your desktop or network and Online is in the cloud. The concepts overall are the same but the layouts of each are completely different

[@cbzombiequeen58]

What is the final cost of your teaching QB, not the free little stuff you give away but the class, I can't find the information without going through the other stuff? Are they videos and can they be downloaded, I hate spending money on streaming? I found the answer, 1,300 a year, no thanks, my college course didn't cost that. Thank you, but not in today's economy.

[@QbuniversityOrg]

When you go through the Masterclass there is a link for the training for $897. This is a one time fee for life, no subscriptions or anything. They are streaming training tutorials on our website you can access at any time from anywhere

[@bmercedes1233]

If I send an e-transfer from my business chequing account to my contractor do I enter that as an expense or bill?

[@QbuniversityOrg]

Expense

[@bmercedes1233]

@@QbuniversityOrg Thank you! Love your channel!