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2) Processing Credit Cards In QuickBooks Gives Even MORE Benefits Save time, Save Sanity: Almost 7 bookkeeping hours per month can be saved with automatic integration and reconciliation.  That's about 82 hours a year! Giving you more free time. Reduce Errors: Automatic integration and reconciliation of payments in QuickBooks reduces errors because there's no need for manual double entry of transactions Overall Better Experience: 71.5% of QuickBooks users that switched from another provider say that they are more satisfied than they were with their previous processing method (2012 Payments User Survey) What Exactly Is Integration? Got a QuickBooks® Mess?  Call the QuickBooksGal! (775) 348-9225

1) Benefits From Accepting Credit Cards Make More Money: Consumers spend twice as much when using a credit card rather than cash.  When using cash, a customer only has a limited amount that they can spend.  With a credit card, money seems endless (even though it’s not), and buyers are more likely to “splurge” since the payment doesn’t seem immediate. Increased Revenue! : It’s rare that someone carries around more than $20 cash now-a-days, and pennies, nickels, and dimes are almost extinct.  When the total comes out to be $21.44, and the buyer only has a $20 bill, it is more likely that they will just resort to using their credit/debit card rather than scavenging through their purse to find spare change to pay the difference. Keep Track Of Who’s Buying: When a customer uses a credit card, they end up leaving you with some way to identify them—usually a name—which can be beneficial to your business.  Keeping customer information on file can be a w...

Pay your credit card in full each month - paper check or online #1 -   If you pay your monthly bill in full, just  Write a Check  to the credit card company. You will then "expense" the charges in the accounting section of the check. Don't forget that yo u have two tabs in the section where you enter your expenses....one is for expenses, and one is for items (affect inventory & Cost o f  Goods Sold). You can switch back and forth between the two tabs in order to record all expenses and items purchased with the credit card. The total of the two tabs should equal the total of the Credit Card Amount you wish to pay. If you pay your card online, you can enter "online" or the authorization number as the check number. #2  -   Select  Enter Bills  to create a bill. Use the same method to "expense" the charges as you did in Method #1. Then you can schedule the bill for payment  at a later date. Record all Credit Card Charges - Make Parti...

Hi, I’m Jayne Miller, the QuickBooks Gal . Welcome to another in our series of “Quicklets” –informational podcasts about QuickBooks and related bookkeeping topics. Today, I’m going to talk about Reconciling Bank Accounts in QuickBooks® . Nothing is so important and so overlooked in the bookkeeping process as performing monthly bank reconciliations. QuickBooks makes this process as easy as it could possibly be. Everyone should be in the habit of reconciling each checking, savings, credit card, or other financial accounts when they get a statement from the bank or issuing institution that holds these accounts. Monthly reconciliations allow you make sure your that books are accurate, on-track, and gives you the opportunity to head off problems at the pass… before they become HUGE problems. To do your bank reconciliation, just grab your statement, open your QuickBooks file, go to the “Banking” menu and select “Reconcile.” Now you should be able to enter the date of your s...