Tag Payment Article For Free

Tags are used to separate transactions that you make under the same categories. For instance, imagine that you are on a vacation. You are going to spend a substantial amount of money on the same expense categories that you normally do (entertainment, transport, etc).

You can create tags while you're working on a form, like an invoice or expense: In the Tags field, enter the name of the tag you want to create. Then select + Add. Select one of your groups to add the tag to it.

What are tags and how do you use them? Tags are fairly new to QuickBooks Online. They are customizable labels you can assign to transactions (invoices, expenses, and bills). They're more flexible than the tools we've already mentioned?they allow you to track your money any way you want.

The tagging process allows you to work through the bank statement and provide an explanation as to the nature of each transaction, this is typically one of several things: Client payments (usually allocated to a sales invoice). Supplier payments (usually allocated to a purchase invoice).

The tagging process involves using labels to provide content with additional information (using a particular set of keywords). Tagging is primarily used to make information easier to find or link to, and there's a difference between blog tags and social media tags. Some sites also incorporate tag clouds.

For the bill you want to mark as paid, select the Action? dropdown, then select Mark as paid. On the bill payment form, verify the information is correct, such as the Payee, Payment date, and Bank/Credit account fields. Make any changes if needed. In the Amount field, enter the total amount paid.

Tags are customisable labels that let you track transactions however you'd like. You can tag invoices, expenses, and bills. Group tags together and run reports to see how specific areas of your business are doing. They don't impact your books.