This video will teach you how to setup and execute automatic monthly customer payments. This is a powerful built in feature for QBO users on Essentials and up plans.
Credit Card payment in QBO can get off track easily if you don't properly use the transfer form. A simple example is money out of the checking and into the credit card. At times, the bank feeds may be set up incorrectly to add "uncategorized assets". If that happens you ought to click on the row, then change the add to transfer and select the correct bank/credit card account where the money is coming from or going to. Download my QBO Shortcuts cheat sheet for PC and MAC users. Have questions: Drop me a line in the comments.
Bank feeds in QuickBooks Online are my favorite tool of QBO. Watch my webinar that teaches you how to manage the bank feeds and set up automatic rules to categorize your transactions from the checking account or credit cards. I use QuickBooks Online to run a better business. Use my referral link to get up to 50% off and a $50 Visa® Card to help with your business needs when you sign up! https://www.referquickbooks.com/s/Steve201
Let's say you need to to create and send out an invoice with 3 phases as such: Phase 1: $5000 Phase 2: $3000 Phase 3: $1000 The workflow would be to: Create Estimate (Proposal) Accepted Estimate and converted to an Invoice Custom amounts for product/service items on Invoice Reports: You can run the "Estimates & Progress Invoicing Summary by Customer" report to see how much the balance is left from the original estimate.
Joe Woodard taught a breakout session at QBConnect called "Conquering task overload: The art of living with extreme productivity and intentionality." It was great to see Joe present since I have been a fan of his with his scaling new heights podcast and other resources he publishes. He started saying that it is a myth that the measurement of productivity is efficiency. Instead, the truth is the measurement of of productivity is outputs, effectiveness, and mental clarity. Results of "multi-tasking" include distraction, disrespect, inefficiency, diminished effectiveness and decreased mental clarity. Joe shared a that we can be victims of FUD (Fear, Uncertainty and Doubt). He made a point in which I greatly resonated with. That [...]
My first QBConnect was a smashing hit! Here is a quick video thanking the speakers I got to meet.