Quickbooks Tips
All the latest tips & advice about Quickbooks
QuickBooks Tip: How to Book Fixed Assets
Every now and again a company needs to post a purchase to a fixed asset account to ensure a CPA depreciates it at year end. Some times the fixed asset is merely a credit card purchase for an item...
10 Common QuickBooks Bookkeeping Mistakes
I see a lot of QuickBooks company files that are in complete disarray and the funny thing isthat most have some or all of the same mistakes in their QuickBooks file. The cool thing is though our blog...
QuickBooks: How To Book a Car, Bank Loan, or Line of Credit
Most businesses at some point during their operations will take a loan from a bank or personal financier to help purchase equipment, consolidate debt, or use a line of credit to help meet the cash...
QuickBooks Clearing Account for Customers and Vendors
I will adamantly tell most QuickBooks professionals and home users that they should keep away from General Journal Entries (GJE's) when possible. However, sometimes it's required to make multiple...
How To Post Down Payments From Customers in QuickBooks
When invoicing a customer in QuickBooks for a large job most folks will request a down payment for work to be done before the job begins, typically we see this at 50% of the costof the total invoice...
QuickBooks Tip: How to Send and Receive Payments for Invoices
The invoicing function in QuickBooks I frequently find misused, ignored, or the process is just never followed through to the end. Misusing the invoicing function and the items listsassociated with...
The 5 Basic Functions of QuickBooks
QuickBooks has a lot of functionality, a ton. All of this functionality though doesn't necessarily mean it's a time saver for you or your business.
The way we're going to organize this for you is by...
How to Handle and Enter Payroll in QuickBooks
Look at the skeleton of the QuickBooks program and it's made of 5 basic functions. All of them are on the home screen that split off into an abundance of specialized categories. It consists of Vendors