QuickBooks Online Bookkeeping / Accounting

Hi Sir, I am CA Leven-1 qualified person. I have 13 years of experiance on accounting job. I have the ability to work on intuet quickbook online accounting software. I have the strong analytical skills and I am able to read, write & speak english. Accounting: The fundamental accounting principal is ASSTES = LIABILITIES + EQUITY. On the basis of this principal all Assets and Liabilities, Revenue and Expenses, Equities are debited or credited. journal entry that pulls money out of a bank account to pay for a bill: Payment of bill --------------- Dr. Bank Account -------Cr. Accrual principal is a system of accounting based on which revenues are recorded when earned and expenses are recorded when incurred, whether or not cash was received or paid out in a specific accounting period. Accruals basis accounting conforms to the provisions of Generally Accepted Accounting Principal (GAAP) in preparing financial statements for both external and internal users. In conclution, I hope that I can fulfil your requirements and wish to meet again. Thank you sir

I am a Chartered Accountant with a team of accounting graduates experienced with QB Online, QB Desktop, Navision, Dynamics AX and other software. The journal entry for your scenario depends on whether you first recorded the bill to accrue expense or you are recording it as payment. If accrual, the entry would be Accounts Payable Control Debit (with a debit to supplier sub-ledger) and Bank Credit. If you are recording a expense directly, it would be Expense Debit and Bank Credit.

DONE! Let me work for you on this project. I may be new as a freelancer, but I have worked with several companies as a customer support representative. As for accounting knowledge, I have an ACCA diploma in accounting n business. Pulling out money from bank to pay a bill, will have a credit entry in bank (asset) account and a debit entry in cash at hand (asset) account and when the bill is paid using with the money, it will have a credit entry in cash at hand (asset) account and a debit entry in bill (expense) account. Accrual accounting implies that an expense is to be recognized at the time it incurs, rather than at the point in time when it is paid for. Hence, It is safe to say that I possess the accounting skills required for this project. Waiting to read back from u!