QuickBooks For Real Estate Investors
QuickBooks For Investors America's Only Complete System For Real Estate Investors using Quick Books Pro
How to Enter a “Revolving Account” Invoice
This is used for any vendor allowing you to buy stuff on your account
and then pay when they send you your monthly statement
This is used for any vendor allowing you to buy stuff on your account
and then pay when they send you your monthly statement
Examples:
Home Depot account, Lowe’s account, Menard’s, Paint Store, Local Hardware, etc.
3 minute video
QUESTION from Anthony:
I have a question I cannot find the answer to.
I get bills in on properties, (Ex. Electric bill). In the training documentation it says only to use the bills feature for things like Home Depot credit accounts.
What will go wrong if I use the Bills feature for all bills that come it. I ask b/c it helps me remember what is due.
Is there a better way to remember bills?
Some are monthly, some are not….Ex. new electric service at a house I am re-habbing. I may only have the service for a couple of months but need to remember to pay it.
I know I can use the memorize bill feature, however this does not give me a rundown of what I need to pay like the bill feature does. As my business gets bigger I may not be able to remember everything that is due.
Thanks,
Anthony