Newbie guides, tools and articles on Quickbooks.
QuickBooks is a software that contains various processes of accounting and presents them in the user-friendly system. The basic function of the QuickBooks Desktop is to ease the multiple spreadsheets, tables, sheets of tracking that is essential to record and maintain the tasks of accounting within the company.
Sometimes customers won’t just buy stuff from you. There might come a time that customers would ask for a loan from your company. Since you did not sell anything, you can’t invoice your customer. A simple solution would be to create a Notes Receivable account in your Chart of Accounts to keep track of the loan.