In earlier versions of QuickBooks, you might have accounts that have an asterisk (*) in front of the name to indicate a duplicate account name. This situation usually only happens when you did not select to use one of the … Continue reading
QuickBooks has 11 item types to choose from (not including the Fixed Asset Item, Price Levels, or Billing Rates) although some of the list items might not be listed in your data file, if the related feature is not enabled. … Continue reading
Tracking and Reporting Vendor 1099-MISC Payments Click here if you would like to download a PDF of this Blog Article. ISSUE TO SOLVE: New for 2011, the IRS requires all credit card payers (Amex, MasterCard, Discover, etc.) to report on … Continue reading
If you completed the new bank information in the EasyStep Interview, you might have already entered your statement ending balance. Click Banking > Use Register and select your bank account to open the register. If you have a balance in … Continue reading
Did you know that you can prevent changes to prior accounting periods by setting a closing date and optional password? Log in as the Admin or External Accountant User, then from the Company Menu, select Set Closing Date. Click the … Continue reading
My QuickBooks 2012 Contest is coming to a close, but there’s still time to WIN! We’ve already given away nearly $2000.00 in QuickBooks merchandise! Congratulations to these lucky winners: J. vanHaaster, Murrieta, CA (QuickBooks Accountant 2012 – $499.95) J. Gomez, … Continue reading
Do you work with client’s QuickBooks files at year end? Are you wanting to learn how to make changes to the file using your QuickBooks Accountant 2012 tools, while your client continues their day-to-day transactions? Learn how to work more … Continue reading
We’re happy to announce the availability of our QuickBooks Essentials LiveLessons video training course at Safari Books Online. Video includes: • Six+ hours of video instruction • Over 50 tips and techniques • Skills you can learn in fifteen minutes … Continue reading
When deciding to use classes, it is important that you have only one primary purpose for the class structure. If you try to track more than one “type” of class, the value in the reporting is diminished. For example, your … Continue reading
My recommendation is that business owners view their business Profit & Loss report in accrual basis. This method more accurately matches their expenses with the related revenue in the same accounting period. The business’s accountant can then review the data … Continue reading
