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QuickBooks Journal Entries

77 bytes removed, 19:26, 9 November 2016
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=== Service Items ===
When a sales order with a service item is exported, an invoice will be created in QuickBooks. The service item will affect QuickBooks accounts in the following ways: A credit debit will be made to the '''Sales RetailAccounts Receivable''' account, and is offset by a debit made with an offsetting credit to the '''Accounts ReceivableSales Retail'''account. If the service item has a cost, a debit will be made to the '''COGS''' account, with an offsetting credit to the '''Service''' account.
[[File:T chart Service items.png]]
The following QuickBooks '''Transaction Detail by Account''' report shows the debit and credit accounts affected when a sales order with a service item is exported from Fishbowl.
[[File:TDBA service item.JPGpng]]
The following image provides an Invoice view of the service item. The report has been customized to show the '''Number''' and '''UOM''' of the product.
The following General Journal Entry shows the QuickBooks debit and credit accounts affected with a Work Order when labor and accounts mapped to different asset accounts is completed within Fishbowl and exported to QuickBooks.
 
[[File:JE_WO_with_Labor.JPG]]

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