This article was paid for by Intuit QuickBooks. As a small business owner, managing your company's finances, including tracking income and expenses and creating profit and loss reports, is a critical ...

Small business users of QuickBooks may rarely, if ever, need to make a journal entry in their books. A journal entry splits a transaction into two parts, recording a debit for one account and an equal ...

QuickBooks automatically creates an accounts receivable account and adds transactions to it when you fill in a sales form but do not receive immediate payment. Accounts receivable tracks the money ...