Description
Business owners know that credit cards can be a great way to manage cash flow & increase their financial flexibility. However, they can also come with considerable risk. To ensure that you are getting the most out of your credit cards while minimizing risk, it's important to properly manage them inside of QuickBooks Online. In this course, we'll cover how to do just that - from adding credit cards to your Chart of Accounts & Banking Feed to setting up corporate credit cards with sub-cards for employees. We'll also look at tools to help you easily pay for goods, services and labor, as well as alternative ways to pay such as Venmo, PayPal, Zelle & QuickBooks Payments. Finally, we'll investigate new Fintech solutions including Divvy & Relay to further expand your business's spending power. So don't miss out - learn the ins & outs of credit card management with QuickBooks Online, and discover the modern solutions that could help you save time, money, & frustration. In this Quickbooks training session you'll learn about: Separating personal and business expensesThe differences between liability funding and payment processorsAdding credit cards to your Chart of Accounts and Banking FeedEntering expenses from the Banking FeedPurchasing products and subcontracted laborMethods of paying credit card balances in QBOManaging corporate credit card accounts with multiple cards for employeesUsing Venmo, PayPal, Zelle, and QuickBooks Payments to pay othersNew Fintech spending solutions including Divvy and Relay After completing this course, you will be able to: Differentiate between the benefits and drawbacks of using credit cards as a funding sourceRecognize how to set up credit cards in QuickBooks OnlineRecognize the options for managing credit cards in QBOIdentify alternatives to traditional credit cardsRecall the steps to reconcile corporate credit cards
