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Video instructions and help with filling out and completing Fill Form 8655 Intuit

Instructions and Help about Fill Form 8655 Intuit

Let's take a look at transactions in QuickBooks to find out a little bit more about how to enter them. First, open the create menu. The first transaction we're going to look at is an invoice. Invoices are created when you want to tell a customer how much money they owe you and why. This is one of the ways QuickBooks lets you record a sale. The first thing that QuickBooks asks you to enter is the customer's name. The next section of the transaction is where you enter the date or when the transaction occurred. Then, you enter the products and services that you sold, so what you're charging the customer for. Up here at the top right, you're able to see how much the transaction is for in total. When you're looking at an invoice, you can see that it's divided up into four primary areas: the who of the transaction, the when of the transaction, the what of the transaction, and then finally the how much. Now let's go ahead and cancel this and go to a very different type of transaction. I'm going to open up a check. A check is entered when you spend money, so this is us writing a check to a vendor. Here you can see that the transaction is remarkably similar to an invoice and, in fact, it follows the same sorts of procedures. Up here at the top left, you see the who for this check, so who the check was written to. You also see when the check was written. Then, down here in the account details, you can record what the check was written for, so what it is that you're buying. And then up at the top right, finally, you see how much the check was written...