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For US HVAC companies: maintenance plans paid up front, and how to book them in QuickBooks. How to book it: 1. In QuickBooks Online, create an Other Current Liability account called Unearned Plan Revenue. 2. Point your maintenance plan item at that account, so plan sales land there. 3. Each month, move one twelfth of each running plan into income with a journal entry. For example, $54,000 sold in one month is $4,500 a month. 4. Keep a simple list of plans, start dates and visits still owed. 5. A
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Short videos

1:47
How to Set Up QuickBooks Online
5K views3 months ago
YouTubeAccounting Stuff
0:39
How to Split a Hard Money Loan Payment in QuickBooks Online #quickbooksonline
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