Learn Quickbooks Free

Banking Setup and Transactions in Quickbooks 2013

Play the Quickbooks Lesson video below or skip to another lesson using the following links below.


This Banking Setup adn Transactions Lesson below is Quickbooks Banking & Credit Card Video 1 of 2.
Click Here to view Quickbooks Banking Reconciliation Video 2 of 2


Quickbooks 2013 – Banking and Credit Card Part A

First Video will cover Banking Setup and Transactions:

How to Write Checks – You can either manually write a check # or print for Auto feature. You have options to delete or void the check through the shortcut menu bar. You can also memorize the payment just like you would with entering bills.

B. Credit Card Charges – You can enter a charge or credit. You can add new Credit Cards on the fly. Credit Cards have a download transaction option which connects to your online bankings and extracts all the single transactions and put them into your register. This is highly recommended as it saves tons of time you can’t imagine.

C. Make Deposits is usually used for cash deposits. Even though you can use this section to report income, it is highly recommended to use sales receipt or invoice for income.

D. Transfer Funds is used to record a transaction between multiple accounts you may have.

Get More Quickbooks Help Right Here

Quickbooks Help

Return to: Quickbooks Lessons

4 comments - What do you think?
Posted by Quickbooks Tutorials - November 28, 2012 at 2:21 am

4 Responses to “Banking and Credit Card Quickbooks 2013”

  1. Jeanne says:

    I am using these videos to familiarize myself with QuickBooks before taking a bookkeeping course/certification. They are great. Very easy to understand. Takes the intimidation out of learning a new program. Thanks so much!

  2. Anna Wastchak says:

    I have a problem for everyone. I am taking Quickbooks Accounting 2012 and I have a problem with one entry that my teacher can’t even explain to me.
    You are purchasing land and a building for 300,000. You are writing a check to the company for 30,000 and 270,000 will go to long-term debt. The book says to record the entire transaction on the check. HOW? The bottom portion has to equal what the check is written for. 50,000 goes to land assets and 250,000 goes to building assets.
    I know where the money goes to, but it is supposed to be recorded on the check and if you put the money where it is supposed to go by entries, your reports do not come out correctly.

    • Quickbooks Tutorials says:

      The Simple answer:

      You can record the entire transaction in a Journal Entry, not on a check.

      The rest is more accounting rather than quickbooks (knowing the accounts to debit and credit)

      Give that a try and see what happens.

  3. JJohnson says:

    I am using Quickbooks Premier Contractor Edition 2014. When I run our “Job Costs Details” reports after inputting Credit Card charges and reconciling, there is still a double-entry for each credit card charge (but our checks are ok). There is a debit and a credit for each credit card charge. The problem is, the total cost amount is not calculating correctly due to this. None of the credit card charges are being calculated. Are we looking at this wrong or is there a way to correct this?

    Thank you so much!

Leave a Reply

Quickbooks Tutorial helped me get an assistant bookkeeping job from their free Video Lessons. Highly Recommended!