quickbooks 2013 for mac balance sheet reports not working

Owner s equity, including capital investment, drawings, and retained earnings.ģ C o u r s e h a n d o u t s Handout 2: Accounts created automatically The following Accounts is Receivable. Liabilities such as loans or mortgages scheduled to be paid over periods longer than one year. Liabilities scheduled to be paid within one year, such as sales tax, payroll taxes, accrued or deferred salaries, and short-term loans. Credit card purchases, bills, payments, and credits. Transactions related to the vendors to whom you owe money, including your company s outstanding bills, bill payments, and any credit you have with vendors. Long-term notes receivable and depreciable assets your company owns that aren t likely to be converted into cash within a year, such as equipment or furniture. Assets likely to be converted to cash or used up within one year, such as notes receivable due within a year, prepaid expenses, and security deposits. Most companies have only one A/R account. (You should also use this account type to track petty cash.) Transactions related to the customers who owe you money, including invoices, payments, deposits of payments, refunds, and credit memos. Add one bank account for every account your company has at a bank or other financial institution.

This account type Bank Accounts receivable (A/R) Other current asset Fixed asset Accounts payable (A/P) Credit card Current liability Long-term liability Equity Tracks Chequing, savings, and money market accounts. The handouts are available for download in Portable Document Format (PDF) from the Instructors Resource Centre.Ģ C o u Handout 1: Balance sheet accounts The following table describes the use of each of the balance sheet account types available in QuickBooks.

1 Course Handouts Course Handouts Using the course handouts In this section, you ll find copies of handouts for referenced course.

Quickbooks 2013 for mac balance sheet reports not working