Direct write-off method

Allowance method

Categories in Product and Services List

Three different ways to enter sales transactions

Type of sales transactions we can enter using QBO

Customer List

Projects

Products and Services List

Four types of products and services

Two main ways to record customers and sales transactions

Customer Sales Receipt

Two ways to record deposit with Sales Receipt

Invoice

Two ways to record deposit with Receive Payment

Accounts Receivable (A/R)

Accounts Receivable Aging reports