QuickBooks Online 2024: How to Categorize Expenses

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[zzzlife]

You are such an incredible teacher!!!! Thank you so much, I am glad I found you!!!! 😄😄🙏🙏

[dmlthzz]

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

[rhips]

you are a business accounting life saver! Thank you for this content.

[michelleamancio]

I'm glad I found you Sir. So precise and clear. Thank you so much

[xiaohuawang]

Thanks, Hector! You're an amazing teacher! I learned a lot from your videos!

[VitrerieCitadelle]

Cannot thank you enough for your videos! Super helpful and detailed!

[marthagarcia]

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?

[mandomestizo]

Hi! Im a new sub as of today! Thanks for the information you put out there! is very helpfull!

[qamarzamanadmin]

The way of teaching is so great, Thank you.! Can you teach us on Xero Also.

[payalgurjar]

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

[brendachandler]

Hi Hector!
Thank you for the terrific videos!

[yesterdaysfire]

So So So So So Helpful! Thank you Hector!

[ZhibekAbdyldaeva-mk]

hello, thanks for your video. Could you explain how to record advance payment to vendor/from customer please How to categorize them

[vampira]

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.

[joanmiceli-muhlbauer]

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

[sandranoyola]

How do you categorize uniform en quickbooks online ? Thanks

[larrymoss]

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?

[TishTravel]

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?

[Smctsoriano]

Thank you so much sir...God bless you.

[reyj]

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?