Enter Transactions in Vantagepoint or QuickBooks Online
When you use QuickBooks integration with Vantagepoint, you enter certain transactions in Vantagepoint and other transactions in QuickBooks Online.
For information about syncing frequency, see Synchronizing Records and Transactions Between Vantagepoint and QuickBooks Online.
The following tables show you which transactions are shared between Vantagepoint and QuickBooks Online and where you must enter them.
Transactions You Enter in Vantagepoint
In Vantagepoint | Result |
---|---|
Enter, approve (optional), and post timesheets. | Timesheet hours are added to QuickBooks Online for processing payroll. |
Enter, approve (optional), and post employee expense reports. | Expense reports are added as vendor bills in QuickBooks Online. |
Enter and post billing invoices. | Billing invoices are added to QuickBooks Online. |
Enter billing transfers. | Journal entries are added to QuickBooks Online. |
Enter and post accounts payable vouchers. | AP vouchers are added as vendor bills in QuickBooks Online. |
Enter and post journal entries. | Journal entries are added to QuickBooks Online. |
Enter and post consultant accruals. | Journal entries for consultant accruals are added to QuickBooks Online. |
Enter and post units. | Journal entries for unit costs are added to QuickBooks Online. |
Run revenue generation and post it. | Revenue generation journal entries are added to QuickBooks Online. |
Transactions You Enter in QuickBooks Online
In QuickBooks Online | Result |
---|---|
Process payroll using hours from Vantagepoint. | No data is updated in Vantagepoint. |
Pay the vendor bills for employee expense reports from Vantagepoint. | Expense report payments are added to Vantagepoint. |
Enter payments received for billing invoices. | Cash receipts are created and posted for billing invoices in Vantagepoint. |
Pay the vendor bills for accounts payable vouchers from Vantagepoint. | AP payments are added to Vantagepoint. |
Enter journal entries. | Journal entries are not added to Vantagepoint. |
- Related Topics:
- AP Vouchers (Vendor Bills) and QuickBooks Integration
When you use the integration between Vantagepoint and QuickBooks Online, you enter accounts payable (AP) vouchers for project expenses in Vantagepoint. - AP Voucher (Vendor Bill) Payments and QuickBooks Integration
When you use the integration between Vantagepoint and QuickBooks Online, you pay vendor bills for AP vouchers in QuickBooks Online. - Billing Invoices and QuickBooks Integration
When you use the integration between Vantagepoint and QuickBooks Online, you enter billing invoices in Vantagepoint. - Billing Invoice Payments Received and QuickBooks Integration
When you use the integration between Vantagepoint and QuickBooks Online, you enter billing invoices in Vantagepoint and enter the payments received for them in QuickBooks Online. - Voided Billing Invoices and QuickBooks Integration
When you voided billing invoice in Vantagepoint and post it, the invoice is voided in QuickBooks Online. - Credit Memos and QuickBooks Integration
When you enter a credit memo for a billing invoice in Vantagepoint and post it, a credit memo is created in QuickBooks Online if the invoice is not yet paid. - Billing Transfers and QuickBooks Integration
Billing transfers that you make in Vantagepoint for expense and unit costs are updated in QuickBooks Online. - Consultant Accruals and QuickBooks Integration
When you use the integration between Vantagepoint and QuickBooks Online, you enter and post consultant accruals in Vantagepoint. - Employee Expense Reports and QuickBooks Integration
When you use the integration between Vantagepoint and QuickBooks Online, you enter employee expense reports in Vantagepoint. - Employee Expense Report Payments and QuickBooks Integration
When you use the integration between Vantagepoint and QuickBooks Online, you pay vendor bills for employee expense reports in QuickBooks Online. - Journal Entries and QuickBooks Integration
When you use the integration between Vantagepoint and QuickBooks Online, you enter journal entries in either QuickBooks Online or Vantagepoint. - Recurring Transactions and QuickBooks Integration
When you use the integration between Vantagepoint and QuickBooks Online, recurring transactions that are entered and posted in Vantagepoint are added to QuickBooks Online. - Revenue Generation and QuickBooks Integration
When you use the integration between Vantagepoint and QuickBooks Online and you run the revenue generation process in Vantagepoint, the journal entries created for it in Vantagepoint are added in QuickBooks Online. - Timesheets and Payroll and QuickBooks Integration
When you use the integration between Vantagepoint and QuickBooks Online, you enter and post timesheets in Vantagepoint. - Units and QuickBooks Integration
When you use the integration between Vantagepoint and QuickBooks Online, you enter unit transactions in Vantagepoint to charge labor and expense costs to projects at a flat rate.
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