These are the transaction codes that can appear in an account register. They
identify the type of transaction (bill, invoice, and so on). Purchase orders,
pending invoices, pending assembly builds, and estimates do not have transaction codes because they
never post to an account.
Bills from vendors. You enter bills in the Enter Bills window. You can also
enter them directly in your A/P register.
Credits from vendors. You enter vendor credits in the Enter Bills
Payments to vendors. You enter the payments in the Pay Bills window.
Credit memos to customers. You enter credit memos in the Create Credit Memos/Refunds window.
Credit card charges. You enter credit card charges in the Enter Credit Card
Charges window. You can also enter them directly in a credit card account
Credit card credits. You enter credits in the Enter Credit Card Charges
window. You can also enter them directly in a credit card account register.
Checks. You enter checks in the Write Checks window. You can also enter them
directly in a bank account register.
Note that QuickBooks has separate codes for paychecks (PAY CHK), payroll
liability checks (LIAB CHK), checks automatically generated when you pay bills
(BILLPMT), and checks generated when you pay sales tax (TAXPMT).
Bank deposits. You enter bank deposits in the Make Deposits window. You can
also enter them directly in a bank account register.
Discounts. These can be to customers for early payment, or from vendors for
early bill payment. QuickBooks automatically calculates discounts on the basis
of the payment terms you have set up for the customer or vendor.
General journal entries. These are debit and credit entries in the General
Journal Entry window. You can also enter them directly in an asset, liability,
or equity account register to make adjustments to these types of accounts
(QuickBooks does not provide data entry forms for these types of accounts).
Invoices. You enter invoices in the Create Invoices window.
Item receipts. An item receipt indicates you have received items you
ordered, but you have not yet received a bill from the vendor. You enter item
receipts in the Create Item Receipts window.
Checks for payroll taxes and other payroll liabilities. You enter these
checks in the Liability Check window.
Paychecks to employees. You enter paychecks in the Enter Payroll Information and Preview Paychecks windows.
Payments from customers. You enter customer payments in the Receive Payments
Statement charges billed to customers. You enter statement charges in each
customer's register or in your A/R register.
Sales receipts. You enter sales receipts in the Enter Sales Receipts
Sales tax payments. You enter the payments in the Pay Sales Tax window.
Transferred funds. You can transfer funds using the Transfer Money window or
between any two balance sheet