Easily Replace Advanced Field to the Corporate Guarantee

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How to Replace Advanced Field to the Corporate Guarantee

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hi folks in this video im going to show you by far what my favorite feature inside quickbooks online is which is building custom drop-down fields now were also going to use the new custom report builder to build reports using those custom drop-down fields and im sure youre going to absolutely love it as much as i do now everything that were going to be discussing today only works in the advanced edition of quickbooks online if youre not sure which version you have click on the gear menu on the top right of the screen and then go into account and settings in accounting settings youre going to click on billing and subscription on the left hand side and then up here where it says quickbooks plus right now it should say quickbooks advance if you have simple start essentials or plus none of the stuff that were going to cover here today will work you will need to upgrade to quickbooks online advance in order to have access to those features to upgrade just click on upgrade your plan

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What is the difference between a guarantee and a corporate guarantee?

In general, personal guarantees are easier to legally enforce, except in the case that one party alleges forgery, fraud, or coercion. Corporate guarantees are more difficult to enforce because corporations have different structures with layers of people, including the board of directors, employees, and shareholders.

What does a corporate guarantee mean?

A corporate guarantee is a legal agreement between a borrower, lender, and guarantor, in which an external insurance company takes full responsibility for the debt repayment of the borrower provided it faces bankruptcy.

What is APG and PBG?

Advance Payment Guarantee (APG) Perfomance Bond Guarantee (PBG) Standby Letter of Credit (SBLC)

What is an example of an advance payment guarantee?

For example, a buyer or employer may make down or advance payments to a seller or contractor to provide it with funds to purchase necessary materials or machinery or otherwise prepare itself to perform the contract.

What is an advanced payment guarantee?

An advanced payment guarantee, also known as a cash guarantee, is used when a commercial contract is issued to guarantee that payment gets made to the company that is doing the work.

What is the difference between performance guarantee and advance payment guarantee?

Performance bond guarantee: Serves as collateral for the buyers costs if services or goods are not provided as agreed in the contract. Advance payment guarantee: Acts as collateral for reimbursing the buyers advance payment if the seller does not supply the specified goods per the contract.

What is the difference between payment and performance?

A payment bond and a performance bond work hand in hand. A payment bond guarantees a party pays all entities, such as subcontractors, suppliers, and laborers, involved in a particular project when the project is completed. A performance bond ensures the completion of a project.

What is a payment and performance guarantee?

A payment and performance bond is a guarantee from the contractor that they will pay their subcontractors, material suppliers or laborers for work done. These bonds are usually issued on construction projects to protect against uncompensated losses in case of non-performance by the main contract holder.

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Replace Advanced Field to the Corporate Guarantee