📄️ Accounting Basics
Understanding debits and credits is helpful for anyone working with accounting software like QuickBooks Online. In this guide, we'll cover the basics of debits and credits, accounts, and how they work in various QuickBooks transactions.
If you are new to creating invoices in QuickBooks Online, read this tutorial to avoid the most common pitfalls.
📄️ Receiving Payments
Create a Received Payment
📄️ Credit Memos
TLDR: Credit memos are for when you want to decrease the amount owed on an invoice but you have not received any money.