Use QuickBooks’ Tools — and Common Sense Procedures — To Prevent Financial Fraud

By |2022-08-18T08:46:51-04:00March 11th, 2013|QuickBooks Tips|

You work hard for your money. Strong internal controls can keep it from disappearing unnecessarily. You trust your employees or you wouldn’t have hired them. That’s what everyone says as they watch a valued staff member being hauled off in handcuffs. But I trusted him. Whether your accounting tasks are done on one PC or [...]

Are You Defining Items in QuickBooks Correctly?

By |2022-08-18T08:46:58-04:00December 17th, 2012|QuickBooks Tips|

Create item records in QuickBooks carefully, and QuickBooks will return the favor by running useful, accurate reports.  Figure 1: Clearly-defined items result in precise reports. Obviously, you're using QuickBooks because you buy and/or sell products and/or services. You want to know at least weekly -- if not daily -- what's selling and what's not, so [...]

QuickBooks 2013 Gives You A Reason to Upgrade

By |2022-08-18T08:46:59-04:00December 10th, 2012|QuickBooks Tips|

Tired of QuickBooks' cramped, claustrophobic screens and uneven interface? You'll be pleased to see the 2013 version. You chose QuickBooks for a variety of reasons, a major one being its simplicity and usability. But the software is more than 20 years old now, and hundreds of features have been added over the years. QuickBooks looks [...]

Tracking Bills in QuickBooks, Worth the Effort

By |2022-08-18T08:46:59-04:00December 3rd, 2012|QuickBooks Tips|

Next to payroll, paying bills is probably your least favorite task in QuickBooks. You don't have to use this feature – you can keep stacking bills on your desk, scrawling the due dates on a paper calendar, and writing checks.  If you're still operating this way, though, you're missing out on the numerous tools that [...]

QuickBooks Income Tax Reports And Filtering Options: Target The Right Output

By |2022-08-18T08:47:00-04:00November 26th, 2012|QuickBooks Tips|

QuickBooks, of course, can't do your taxes for you. But it helps you lay some of the groundwork.  We'll look at the program's tax-related reports and its powerful report-filtering options. But first, you'll need to make sure that this output will be accurate. Describe your company accurately Your tax entity setting should have been established [...]

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