I am new to Quickbook ,I would appreciate it very much if somebody in the Forum can advise Me on the following:
1.I have created my own Chart of Accounts. When I create an Invoice , the Sales value does not appear on the Income Statement but the Cost of Goods Sold appear on the Income Statement . Furthemore ,I created the following General Ledger Sub Accounts:
Sales - Non Posting Account
Sales Outsiders -Posting Account
Sales IG-Posting Account
Sales IC Posting Account
Also how do I post the following on Quickbook:
1. Expense Invoices
2.Supplier (Stock) Invoices
3.Cash Receipt and Cash Payments
4.Printing a Detail General Ledger.
Thanking You in Advance.