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ceyon-naturaa-gm
April 7, 2022
Question

We need guidelines on accounting ecommerce transactions

  • April 7, 2022
  • 1 reply
  • 0 views
We selling through two platform flipkart and woocommerce In flipkart we get payment every two weeks. in woocommerce payment we use razorpay payment gateway which credit our amount in 2-3 days. we want to know how to inter these data in quickbooks

1 reply

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Giovann_G
April 7, 2022

Hello, ceyon-naturaa-gm.

 

You'll have two options for entering data in QuickBooks Online. You can create an invoice if your consumer intends to pay you later. If they paid for the product or service at the time of purchase, generate a cash memo.

 

Here's how:

 

  1. Click the + New icon.
  2. Select Cash memo.
  3. Choose the customer from the Customer dropdown. You can create a new customer if you haven't set them up.
  4. In the Deposit to column, select the Undeposited Funds.
  5. Enter all the necessary information.
  6. Once done, hit Save and close.

 

Once the money has cleared in your actual bank account, you can make a bank deposit from Undeposited Funds to your bank account. Check out this article for more details: Record and make bank deposits in QuickBooks Online.

 

Do you need to change the layout of your sales forms? If so, you can visit this resource to learn how to do it: Customise invoices, estimates, and sales receipts in QuickBooks Online.

 

Feel free to add any details below if you need further assistance recording your sales transactions. I'll be here to help you.

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