Business owners love credit cards to manage cash flow, but they are risky to use as a funding source. Learn to manage them in QuickBooks Online, especially corporate credit cards with subcards. We’ll also consider modern “fintech” alternatives.
Course Description | Using Credit Cards in QuickBooks Online
Cash may be king, but people sure do love using their credit cards!
QuickBooks Payments is Intuit’s merchant services, fully integrated into your QuickBooks. These days, anyone can take credit cards, and your customers will pay you faster!
I’ll delve into taking credit cards for your customer payments, as well as using credit cards for you own purchases.
We’ll explore payment processing options including Square, PayPal, QuickBooks® Payments, and ACH.
I’ll demonstrate how to swipe a credit card on a smartphone, then learn how to manage the transaction in your accounting software.
We’ll also look at credit card spending, including the nuances of managing your own corporate credit card balances with main cards and subcards.
After taking this course, you'll know how to properly set up and implement the amazing features to get easy transactions, fast deposits, and automatic recording and tracking of payments.
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After completing this course, you will be able to:
- Analyze the benefits and drawbacks of using credit cards as a funding source
- Recognize how to set up credit cards in QuickBooks Online
- Know the options for managing credit cards in QBO
- Identify alternatives to traditional credit cards
- Recall the steps to reconcile corporate credit cards
What You’ll Learn in this Quickbooks training session
- Adding credit cards to your Chart of Accounts
- Separating personal and business expenses
- Managing corporate credit card accounts with multiple cards for employees
- Accepting expenses from the credit card bank feed
- The differences between Square, PayPal, and QuickBooks Payments
- How to swipe a credit card on your smartphone
- How Payments are processed in QuickBooks
- Managing credit card batches
- Sending invoices that allow clients to pay online.
- Automating monthly payments so that you don't have to lift a finger!
What people are saying about this 'Credit Cards in Business & QBO' course:
By enrolling in any LIVE class by Royalwise, you'll also receive a recording of that class as a free bonus so you can pause, rewind, watch, & rewatch at your own pace for maximum retention.
Each Royalwise class is recorded live, & an edited copy is published to the course page within two weeks of the recording date. A notification will be sent to you within your OWLS portal once the recording is available.
While you wait, be sure to complete all of the quizzes or questionnaires for CPE credit, download any notes or handouts that you may have missed before class, and get your questions answered in the class discussions forum.
1 CPE, Certificate of Completion
Field of Study
Computer Software & Applications
Group Internet & QAS/Self Study
Who should take this class?
Other learners purchased these courses after completing this class:
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Refunds & Cancellations
Please view our Terms of Service, for information on refunds, cancellations, and complaint resolution. To request a refund, please contact us.
Royalwise Solutions Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
Course Credits: 2 CPE, Certificate of Completion. Must be awarded within one year of enrollment.
Course Updated: December 2022
Course Page Updated: March 2023
Here is the course outline:
1. How to Join the Live Zoom Webinar
Apr 4 10am .. 11am
Click the link to learn how to join the webinar, on Tuesday April 4 at 10 - 11am PST
2. Download the Handout
Download the handout that goes with the course.
3. Using Company Credit Cards for Company Expenses
Learn all the best practices for managing Credit Cards for your company's expenses.
4. Taking Credit Cards for Customer Payment
Most of your customers expect to be able to pay by Credit Card. Let's look at the options that work well with QBO!
5. Take the Quiz
Show us what you know! While no one loves taking quizzes (except Alicia), answering these questions will reinforce your learning).
The following certificates are awarded when the course is completed:
|Royalwise CPE Certificate|