Category Archives: Digging Deeper

What to Do Before Entering Opening Balances in QuickBooks

Posted on October 20, 2011 by Laura Madeira

Before you begin entering startup balances, make sure you have the following created in your QuickBooks data file: Chart of Accounts—This list is usually created automatically for you in the EasyStep Interview or the new Express Start with QuickBooks 2012. … Continue reading →

How to Create a Beginning Bank Balance in QuickBooks

Posted on October 14, 2011 by Laura Madeira

To create your beginning bank balance: 1. Click Banking > Make Deposits to record your bank statement balance (if a positive balance). 2. In the Deposit To field, enter your bank account from your chart of accounts list. The Date … Continue reading →

How to Set the Admin Password in QuickBooks

Posted on October 11, 2011 by Laura Madeira

Setting an administrator password is always a good practice. All QuickBooks files have an Admin user that is created automatically. If during the EasyStep Interview you did not create a password now would be a good time. Click to enlarge: … Continue reading →