Accounting Concepts in Q360

Finance Charge Best Practices

1099 – Complete and Print

Void a Check

Vendor Vouchers

Branch and Department Management

Budget Groups

Budgets

Prevailing Wage

Set Up a Company Wide Block Amount Master

Vendor and Customer Deposits

Accounting concepts in Q360

Job types

Branches, departments, and sale types

Entities and currencies

Chart of accounts

Key GL accounts

Fiscal calendar and journal types

Master Types

Revenue and cost recognition

Account lookup rules

Labor costing and payroll

Inventory valuation

Taxation

Fixed assets depreciation

Bank reconciliation

Month-end closing

Financial reporting