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End of Presentation 7

Gas Station

© 2012 Educating Bookkeepers for Business, Inc.

Chapter 1: Gas Inventory


Restore Gas Station Start QBB File Open or Restore Company: Restore a Backup Copy: Local Backup: Gas Station Start Backup


Edit: Preferences: Accounting


Edit: Preferences: General


Edit: Preferences: Items & Inventory


Edit: Preferences: Sales Tax


Gas Regular Premium Mid-Grade: 66% Regular, 34% Premium Opening Inventory Premium: 4,425 gallons Regular: 6,302 gallons


Pump Batch Outs

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Gas Station Start Inaccuracies Inventory Cost of Goods Sold Gas Accounts Receivable: Credit Card Sales


Gas Wholesaler Invoice


Gas Wholesale Items

Gas Premium Regular Fees UST RI Freight Surcharge Freight 10% Drop Off Fee Margin POS Fee Mystery Shopper


Gas Deliveries per Month

January 2 February 2 March 2 April 2 May 2 June 3 July 5 August 5 September 2 October 2 November 2 December 2


Gas Station Chart of Accounts


Gas Accounts Receivable Register



Lists: Item List: Premium Gas

Lists: Item List: Regular Gas


Lists: Item List


Chapter 2: Gas Station Transactions


Reports: Vendors & Payables: Transactions List by Vendor


Vendors Center


Vendors: Enter Bills


Vendors: Pay Bills


Company: Make General Journal Entries


Gas Wholesaler Invoice

June 12 Delivery

July 3 Delivery


Customers: Enter Sales Receipts


Chapter 3: Gas Station Bank Reconciliations


Banking: Reconcile


Reports: Company & Financial: Profit & Loss


Lists: Chart of Accounts


Gas Inventory Register


Presentation 7

Gas Station


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