How to Enter Tolls Into Quickbooks


Quickbooks is the popular program used by business accountants. It can also be used by individuals tracking personal expenses. Whether business or personal, tolls are expenses that are often incurred while traveling. At times, these expenses are lumped together with general automobile expenses. However, it is much more accurate to account for these expenses in a separate, specific category. Creating a sub-account for tolls and entering the toll amount is a very simple process.

  • Click on the "Home" icon on the top left side of the screen in Quickbooks. This will take you to the main startup page of Quickbooks.

  • Double-click on the "Chart of Accounts" icon. This icon is located near the top right side of the screen under the "Company" section.

  • Select "Automobile Expense" in the Chart of Accounts.

  • Choose "Create a sub-account" in the related activities area.

  • Enter "Tolls" as the sub-account name.

  • Select "Save" and "Close."

  • Choose "Company" from the menu bar, and then "Make General Journal Entries."

  • Enter the date the toll was incurred in the "Date" section.

  • Select the "Tolls" account in the account column.

  • Enter the dollar amount of the toll in the "Debit" column. An equal dollar amount will be automatically entered in the row below in the "Credit" column.

  • Select the "Petty Cash" account in the following row, if petty cash was used to pay the toll. If a credit card was used to pay the toll, select the "Credit card" account.

  • Choose "Record" to enter the toll into Quickbooks.

Related Searches


  • Photo Credit Jupiterimages/ Images
Promoted By Zergnet


You May Also Like

  • How to Use QuickBooks to Input Data

    QuickBooks is a computerized bookkeeping program that allows any type or size of business to keep its own records. It's simple to...

  • How to Enter Depreciation in QuickBooks

    Created by Intuit, QuickBooks is the big sister to Quicken. It is specifically meant to help small-business owners track income and expense...

  • How to Keep Track of Revenue in QuickBooks

    Users can maintain accurate financial records using QuickBooks money management software. QuickBooks is designed to help businesses track revenue, expenses and invoices...

  • What Is a Wrap Fee Account?

    A wrap fee account is an financial account that has a broker invest money for an individual, and based on the performance...

Related Searches

Check It Out

Are You Really Getting A Deal From Discount Stores?

Is DIY in your DNA? Become part of our maker community.
Submit Your Work!