article thumbnail

Xero Now Does Bank Reconciliations!

Cloud Accounting Podcast

Blake and David leap into the latest updates from Xerocon, including new features like traditional bank reconciliations, embedded bill pay with Bill.com, and AI capabilities through JAX (Just Ask Xero). They look at Xero's strategy to double its US market share and how it compares to Intuit's mid-market growth focus.

article thumbnail

Understanding Bank Reconciliation Journal Entries

Nanonets

Introduction to Bank Reconciliation Journal Entries Bank reconciliation is an important process in accounting that ensures the accuracy and integrity of a company's financial records. It involves the comparison between the company’s internal financial records and those of the bank.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to write a bookkeeper resume: Examples and tips

Intuit

Skilled in all aspects of bookkeeping, including accounts payable/receivable, bank reconciliations, payroll processing, and financial reporting. Proficient in QuickBooks, Microsoft Office suite (Word, Excel, Access), and Xero. in which you’re proficient. Explore our current openings below.

article thumbnail

Bank Statement Reconciliation in QuickBooks Online

Nanonets

Learning to reconcile with QuickBooks Online is a starting step for using QuickBooks to manage books. QuickBooks is a handy tool to help you reconcile your accounts without using any external tools.  Step 1: Go to the reconciliation menu Search for “Reconcile” in the top help menu bar.

article thumbnail

Receive Payments with QuickBooks

Nanonets

Business owners increasingly leverage single-source platforms like QuickBooks for various financial and business processes, including basic accounting, time tracking, payroll, and more.  What Payment Features Does QuickBooks Offer? First, navigate to the Sales page in QuickBooks Online.

article thumbnail

NetSuite vs Quickbooks in 2024

Nanonets

  The most popular are  Oracle   NetSuite  (formerly NetSuite Accounting) and  QuickBooks  (formerly QuickBooks Accounting). Quickbooks: At a Glance Intuit QuickBooks is software that helps businesses manage their finances. The former is installed on a user's computer.

article thumbnail

Using journal entries in a QBO cleanup without messing up the books

5 Minute Bookkeeping

When you’ve got a problem in QuickBooks Online, the ‘easy fix’ is making a journal entry…right? Why doesn’t that always work with QuickBooks Online? Best Practices for using Journal Entries in QuickBooks Online. Well, it’s important to keep in mind that journal entries made in QuickBooks affect both cash and accrual basis.