Did you know that QuickBooks Online has a feature allowing you to bulk add and edit Vendor names?
You know how we're using the month-end review in QBO and constantly see the long list of transactions without payees? Now those lists can be reduced in bulk with mass edits by adding vendor names when necessary.
This really-awesome and amazing feature was pointed out to me when I was using one of my really cool super smart show off accountant tools to mass edit a client file that needed clean up.
I was so delighted and jumping for joy that I wanted to share it with all of you. It's not even Christmas and I feel like Santa just brought me a gift. If you already know this cool trick then pass it on – you might be surprised that your friends missed this small but important feature.
Here are the steps to access the tool:
1) Start with the 'Month-end review' in QBO.
2) Now select 'Transactions without payees'.
3) Select the transactions to edit.
4) Choose 'Add payee'.
5) Choose the vendor name, then 'Apply' and 'Save'.
Of course, the real trick is staying current by performing the month-end review, so this list isn’t pages long.