A.4.1 Daily Sales Summaries
- 25 steps
Start in the Sample company.
1
To complete this exercise, you must be in the Sample company. From your QBOA account, click on the Gear icon on the top right corner of the screen, then select Sample company.
Note that you will be logged out of your current account. If you are sure, click "Continue" to confirm.
To complete this exercise, you must download the [products/services import](https://live.intuittrainingplatform.com/filestore/documents/PandS_Spreadsheet.xls) file as well as the [z-tape sales report.](https://live.intuittrainingplatform.com/filestore/documents/Z-Out.xlsx)
Now let's get started with the exercise.
First, we need to import the products.
2
From the left navigation bar, hover over Sales, then click "Products & services".
3
Click the down arrow next to New, then select "Import".
4
Click "Browse" to find and select the downloaded file on your computer.
5
Click "Next".
6
Click "Next".
7
Click "Import".
*Note the red boxes in the QTY column. There are no quantities associated with MasterCard and Visa because these are services, not products.*
Now let's record the daily sales. Be sure to include the breakdown of payment between MasterCard and Visa on the Sales receipt as well.
8
Click the "+ New" button, then select "Sales receipt".
First, let's create a new Customer for the daily sales.
9
In the Customer field, click "+ Add new".
10
In the Customer display name field, type "Daily Sales".
11
Click "Save".
Next, we need to add a Clearing account in the Deposit to field.
12
Click "+ Add new".
13
In the Detail Type field, select "Checking".
