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February 16, 2020
Question

I have a shop & want to enter my takings at daily. How do I do this, I used to enter into QB desktop into the cash account but can't see how with QB online?

  • February 16, 2020
  • 1 reply
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1 reply

Jen_D
February 16, 2020

It's my pleasure to help you record your daily takings in QuickBooks Online.

 

You can use sales receipts to report the sales made for the day in QuickBooks. There are just a few things to do before you get started. Follow these steps I've outlined for you:

 

Set up a Daily Sales Account:

  1. From the Gear icon, select Chart of Accounts.
  2. Press New then set up these accounts:

Here is an example of an account set up in the Chart of Accounts:


3-QBO daily sales-add account

 

Set up category for daily takings:

 

  1. Still on the Gear icon, go to All Lists.
  2. Choose Product Categories then New Category.
  3. Enter a new category called "Daily Sales."
  4. Hit Save.

Create the sales items:

  1. Tap the Gear icon then Products and Services.
  2. Press New at the top right.
  3. Complete the item details.
     

Here is an example of how an item should be set up in the Products & Services List:

 

4-QBO daily sales-products and services setup

 

 

Once done, you can press the + New button on the Dashboard then select Sales Receipt. Enter the daily sales item and all necessary information before saving.

 

I'm enclosing here an article with the complete details on how to track your cash sales in QuickBooks Online: Record your total daily sales.

 

If you have any questions, let me know in the comment. I'll be right here to provide further assistance and insights. Have a nice day!