Episode 11: Tracking Credit Cards In QuickBooks

I got a couple of email questions about using credit cards so I thought that would be a good topic for this week.  It’s very similar to the process of entering bills and the credit card account can be thought of as another accounts payable account.  You enter all of your credit card transactions and [...]

Episode 8: Recording Loans From Owners

I got 2 questions this past week both asking about the same issue – how to account for expenses that get paid by the owner out of his/her own pocket.  It’s fairly common for a small business to not have a lot of money in the bank during the start up phase and the owner [...]