Getting Started

Getting Started

• Delete Company File
• Sign Up and Create Your Company
• Share Access to Your Company File

Business Basics

Just for Fun

• What is money?
• What is capitalism?

Paying Employees

1099 Contractors

• Paying Contractors on a Schedule

Execute Payroll

• Email Employee Paystubs
• Direct Deposit Paychecks
• Print Paychecks

Setup Payroll

• Choose an Employee Pay Schedule
• Configure Pay Schedules
• Create an Employee
• Set Up Employees for Direct Deposit
• Assign an Employee to a Project

Advanced Payroll

• Employee Advance - Employee Pays Back the Loan
• Adjusting Federal Income Tax Withholding
• Give an Employee Advance - Loan to Employee
• Update Xero after Paying Employees
• Xero Integration
• Update Your State Unemployment Tax Rate

Invoicing Customers

Estimates

• Send an Estimate to a Customer

Invoicing

• Customize Invoices
• Create an Invoice
• Email an Invoice
• Print an Invoice
• Add a Discount

Creating Customers

• Create a Customer

Recording Payments on Invoices

• Record a Full Payment on an Invoice
• Record a Partial Payment on an Invoice
• Record Payments for Multiple Invoices

Products and Projects

• Create a Product
• Create a Project

Sales Tax

• Set Default Sales Tax
• Charge Sales Tax

Paying Bills

Paying Suppliers

• Pay a Bill with a Check
• Create a Supplier
• Enter a Bill
• Set Up a Supplier for Direct Deposit
• Pay a Bill with Direct Deposit

Purchase Orders

• Create a Purchase Order (PO)
• Print a Purchase Order (PO)
• Email a Purchase Order (PO)

Recording Transactions

After your Credit Card

• Recording an Expense on Your Credit Card

Before the Bank

• Record an Expense
• Record Income

After the Bank

• Record Income from PayPal
• Recording Income After the Bank
• Record an Expense After the Bank

Accounting

Register

• View Checkbook

General

• Creating Journal Entries
• Reverse an Entry

Chart of Accounts

• Creating Expense Accounts

Working with Banks

Monchilla Money

• Add your Bank Account Manually
• Order Checks for Printing
• Connecting to Your Bank
• Delete Bank Transactions
• Importing Bank Transactions

Monchilla Payments

• My Direct Deposit Doesn't Show Under Banking > E-pay
• My Direct Deposit Didn't Work
• Sign Up and Connect Your Bank to Monchilla Payments

Working with Credit Cards

Credit Card Accounts

• Connecting to Your Credit Card

Importing Data

Importing from QuickBooks Online

• Import Unpaid Bills from QuickBooks Online
• Import Open Invoices from QuickBooks Online
• Import Journal from QuickBooks Online
• Import Vendors from QuickBooks Online
• Import Customers and Projects from QuickBooks Online
• Import Chart of Accounts from QuickBooks Online

Importing from QuickBooks Desktop

• Import Products from QuickBooks
• Import Unpaid Bills from QuickBooks
• Import Open Invoices from QuickBooks
• Import Vendors from QuickBooks
• Import Journal from QuickBooks
• Import Customers and Projects from QuickBooks

See all 7 articles

Importing from a File

• Import Products
• Import Chart of Accounts from a File
• Import Customers without Projects
• Import Customers and Projects
• Import Unpaid Invoices
• Import Suppliers from a File

See all 8 articles

Time Tracking and Billing

Employee Time

• Set Up Employee Time Tracking
• Updating Paychecks Using Employee Time Logged
• Troubleshooting Missing Employee Hours

Billable Time

• Configure Billable Time
• Add Billable Time to an Invoice
• Associate Billable Time with a Project

Paying and Reporting Payroll Taxes

Making Tax Payments

• Federal Unemployment Tax
• Medicare, Social Security and Federal Income Tax Deposits

Tax Rate Calculations

• Federal Income Tax Calculation Methods

Setup

• Enable Electronic Payment and Filing of Taxes

Business Guides

Shopify Retailers

• Add your Shopify Account
• Downloading Shopify Transactions
• Importing Shopify Transactions
• Creating Shopify Customers and Suppliers

Real Estate Brokerages

• Tracking funds in escrow

Law Firms

• Tracking Retainers

A Hackers Guide to Payroll Taxes

Scary Stuff

• 1099 Contractors vs. Employees

Payroll Hacks

• Use an Employee Advance to Change Net Pay
• The Hacker's Guide to Payroll Taxes Philosophy
• Use Federal Income Tax Withholding to Change the Net Pay