You probably don’t get as many paper forms in the U.S. Mail as you used to. But when you do, do you draw conclusions about the business that sent them based on what their forms look like?
Whether or not you think you do, most people make judgments on businesses based on collateral materials. You might notice that there’s no… Continue reading
Intuit discontinued its own QuickBooks mobile app a while back, but there’s still plenty of processing power available for your smartphone or tablet.
In days gone by, running a company was a 40 hour per week proposition. You might have taken work home some evenings or gone into the office on weekends.
Those days are over, thanks to the internet… Continue reading
Creating bank deposits manually can be a huge chore. QuickBooks simplifies this task.
Satisfying though it may be to enter all of those customer payments manually on a paper deposit slip, it can also be tedious and time-consuming. The more successful in business you are, the more time and care it takes.
Whether you accept cash, checks, or credit/debit cards,… Continue reading
Be proactive about the security of your QuickBooks company file and you’ll be less likely to encounter data theft.
Thanks to the internet, privacy has been on the wane over the last few years. We assume that our addresses and phone numbers are public information, thanks to sites like Switchboard and 411.com. We hope that our dates of birth are… Continue reading
If your small business sells products, you know how precisely you must track your starting stock numbers, ongoing inventory levels, and your reorder points. QuickBooks provides tools to help with this process, but human factors can sometimes throw off your careful counts.
Fortunately, QuickBooks is remarkably flexible when it comes to recording the time your employees spend on customers and… Continue reading
QuickBooks makes it possible for your business to create very detailed records for customers, vendors, employees and items. In fact, you may find that you rarely make use of every field each contains.
You may also find that there are additional fields that you’d like to see in your predefined record formats. That’s where custom fields come in. QuickBooks allows… Continue reading
QuickBooks simplifies and speeds up your daily accounting work, but you’re missing out on valuable insight if you don’t tailor your report data.
Do you remember why you started using QuickBooks? You may have simply wanted to produce sales forms and record payments electronically. Gradually, you expanded your use of the software, perhaps paying and tracking bills through it and… Continue reading
Write Off A Bad Debt with Sales Tax
Create an Other Charge type Item on your Items List call it Bad Debt and then assign it to your Bad Debt expense account on the charts of accounts.
Create a Credit Memo and choose the Bad Debt item, making sure the line item is taxable. Continue reading
QuickBooks is user-friendly, intuitive and flexible, but it is not an accounting manual, class or tutorial. If your business is exceptionally uncomplicated, you might get by without knowing a lot about the principles of bookkeeping. Still, it helps to understand the basics. Here’s a look at some often-used terms and phrases. Continue reading