How to use Bank Rules in QBO | Reduce bookkeeping hours {Free Checklist}
HTML-код
- Опубликовано: 24 июл 2024
- Get the QBO Optimization Checklist Here: claracfo.podia.com/qbo-optimi...
Need to get QBO set up for your business? Save money & grab a 12 month discount here: claracfo.com/QBO
In this video, Hannah Smolinski, CPA and CFO to growing small businesses shows you how to set up bank rules in QBO. There is so much flexibility in these rules to help you create efficiencies and automations in your bookkeeping - YAY! Maybe this can save you on bookkeeping fees too! Double YAY!
We go through:
- How to create a rule from an existing bank transaction
- How to set up rules that read the bank text
- How to set up rules using dollar limits
- How to set up rules to automatically add them to your bank register
Find more resources for your small business HERE: learn.claracfo.com/
--------------------------------------------------------------------------------------------------------------------------------------------
💲 Need an accounting system? We use Quickbooks Online with clients and recommend it as the best accounting system for small businesses. Sign up to get a discounted subscription for 12 months! claracfo.com/QBO
🙋♀Got Employees? Need a payroll company that knows what small businesses need? We recommend Gusto as the best small business payroll provider. Sign up for $100 gift card after you run your first payroll: claracfo.com/gusto
💸Pay vendors any way they want and get paid faster! Accept credit cards without paying merchant fees! Melio is a fantastic payments solution for every small business! claracfo.com/melio
(As an affiliate or referral partner for these companies, I may earn rewards from qualifying purchases)
Hannah Smolinski is a #CPA and the Founder of Clara CFO Group. Find out more about Clara CFO Group at claracfo.com/
Disclaimer: This video is intended for educational purposes and
should not be taken as legal or tax advice. You should consult with your financial professionals about your unique financial situation before acting on anything discussed in these videos. Clara CFO Group, LLC is providing educational content to help small business owners become more aware of certain issues and topics, but we cannot give blanket advice to a broad audience.
Hey! Thank you so much for this series! I'd love to see a few videos about editing rules, categories, and bank accounts; and correcting transactions that you put in the wrong account.
Thank you!
hey watched a couple of videos and i have to say you explain everything very well. the titles of the videos helps find exactly where i need to go. thanks so much for the content !!! this stuff is gold
Thanks so much for watching Matthew! We love hearing that, and there's much more where that came from 😁
Thank you! Your trainings are very clear!
Excellent demonstration! Thank you!
Glad it was helpful!
Superb! Thank you!
Thank you for your work!
Thanks for being here!
Hi Clara, Thank you very much for your contribution. Can you clarify why the payee is A1 Rental since refund is made by A1 Rental? Thanks and respect so much.
Great stuff thank you. You do explain things very well and it makes life much easier. Is there a video that explains how to split money coming in between revenue accounts and money going out? Would love to see something on that if possible.
Hi Iris, can you explain your situation a bit further?
If you have received $200 in your bank account, can you split the amount between two or three different revenue accounts? Going forward we won't have the same issue, but would like to record the history in the different accounts. Thank you
Hello Clara How to make the correct entry Annual membership fee if it is not displayed in the bank's reconcile, but in the bank statement?
Do you know anything about insurance claims, specifically water or fire damage restoration. And Xactimate pricelists itemizations. Is there a way to bring that into invoicing? And is there a way to track partial payments on invoicing, deliquency tracking? And adjustments or edits on reconciled payments or posted incoming payments
Hi… thx for creating those amazing helpful videos.
I just a bookkeeping job, pretty new at qb and I tried to add a rule for the mobile phone (just to practice) and it added all the previous months’ bills, even though the account was reconciled. I am confused 😅…
How can I start a rule and do not have the input from previous months but just the future transactions, pls.
Hi Clara, Thank you for the great info. Simple question: Is it possible to create a Rule that when Invoice is recorded paid, the QBO automatically pays company owner a certain %. Thnxs.
As far as I know, no. This would be more of an automation than a rule. I don't think this is possible through rules.
Can you please a video showing how to have your customers pay an invoice using a credit card?
Thank you.
I have a question. Please, when I connect to a company. How do I tell QBs exactly the dates I want? Thanks in advance.
Hi Clara, Thank you for the tutorials. I just finished watching 'Bank Rules' and you did not click on the box that I believe would add a filter that I use often, which makes the rule more detailed to the information needed. It is the box labeled: Include the Following. Please click that drop down menu in your next bank ruled video, so we can see the choices available there. Otherwise, I am learning a great deal from your videos. Kind Regard, Terry :)
thanks for the feedback!
Just migrated from QB desktop to QBO yesterday. Help I need to file 941 and the payroll tab in QBO is nothing like the desktop. What am I missing? I can’t figure out how to file the taxes. Yes I connected to the bank. Is it automatic? I need to know the amount that will be withdrawn so I have the funds available! Thank you.
Your link for 30% off QuickBooks online do I have to pay 12 months annually for the discount are month to month and still receive 30% off ?
That's for the monthly billing! Thanks for using my link!
I love your tutorials. Several of the companies that I manage and do bookkeeping for are moving over QuickBooks online; one is a CoffeeBar with daily sales. What is the best way to upload/enter the daily Square Sales. I don't really need inventory, just the best way to book the daily sales that match up to the Square deposits. Each deposit has the Gross Sales, Coupons, Sales Tax, Tips, Gift Cards Sales, Gift Card Redemptions Redemptions and the daily Square fees deducted from the total daily deposit.
Thanks so much for watching! I don't have much experience with square, but I noticed when I searched "Hector Garcia Square", that Hector had a lot of videos about square. I'd do that and see if you can find some other videos that would show you what you need to do! There is a square app to do a direct connection, but I am not sure how good it is. I would search for videos on the square app.
Hi Clara, is it possible to use one quick book license for three different business managed under one company/owner
Not with QB online. One company QBO account is advised! You can get the QBO accountant version so that you can toggle between each account easily and manage billing in one place.
Hi Clara. Is the QBO Optimization Checklist still available? I clicked the link and entered my email, but nothing is happening.
Shaniya - you should be able to download it from our "shop" where you entered your email. Where you able to get it? If not, email us at hello@claracfo.com and we can email it to you.
I tried your link for 30% off and it keeps forcing me back to the 50% off for 3 months? Do you have a discount code or should I contact them by phone? I have signed in and in the trial mode today. Please advise. I want you to get credit. Ken
Ken, please email us at hello@claracfo.com with the email address you are using for your license. We can get you set up!
All you described is for Cash Basis, but you didn't described Accrual Basis of accounting in all your previous videos.
please also describe accrual basis of accounting.
Hi! Do you hire virtual bookkeepers?
Hi! Not right now. If you are looking for job opportunities, we will be posting on linkedin. Make sure you are following us there!
oops, I thought your name was Clara. Sorry, Hannah :)
happens ALL the time :) I know what you mean! and Clara is kind of my avatar at this point!