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Using Memorized Transactions

Posted by Dave Dunn on October 7, 2008 | 0 Comments

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There is no need to repeatedly re-enter the same information in QuickBooks for transactions you frequently make. Instead, simply create a memorized transaction which you can then use repeatedly.

If the transaction is a recurring transaction, such as a monthly rent payment, you can set it up as a recurring transaction (See "Handling Recurring Transactions in QuickBooks"). If not, then use it when you need it by entering it from the Memorized Transaction list (See "Creating Memorized Transactions in QuickBooks" to add memorized transactions to the list).

From the Lists menu, select Memorized Transactions List.


In the Memorized Transaction List window, select the memorized transaction you want by double clicking it. In this example, I will click on American Express to enter my monthly credit card bill.

Now simply enter the relevant info (Date, Amount Due, amount applicable to each account, memo, customer job, class, etc.) and Save, just as if you were entering the bill from scratch.


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