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QuickBooks Tips Blog

Utilizing Bookkeeping For General Contractors

Posted by Joe Mazur on Apr 17, 2013 6:51:00 AM

General contracting can be a tricky business to be in.  You sometimes have to roll with the punches the economy throws at you.  Utilizing bookkeeping for general contractors can lead to great success and help prepare during lean cash flow months.  There are a few crucial steps that should be put in place
in order to make sure the bookkeeping system is being used to its maximum capacity.  General contracting job size can vary greatly and, as most contractors know, job costing is the backbone to being successful.  Anything from building a deck for a small residential house all the way to building a large car dealership needs to be tracked with a great amount of attention to detail.  

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Topics: Bookkeeping Salt Lake City, Bookkeeping Services, Cash Flow, General Contracting Bookkeeping

Looking For A QuickBooks Advisor? Here We Are

Posted by Matt Roberge on Jul 10, 2012 7:58:00 AM

QuickBooks can be a bit challenging to take on yourself, especially when you are already handling 5 million other things while running a business. Okay, maybe not 5 million--but it's pretty close! QuickBooks shouldn't keep you awake at night, tossing and turning, there are ways to make sure all of your QuickBooks bookkeeping is in check and done properly. Salt Lake City Bookkeeping has the answers for you.

Bookkeeping services aren't all the same. There are some that will do a good enough job and keep all of your paperwork in order, while you are off running a successful business. However, there are also bookkeeping companies out there who go above and beyond for their clients, and SLC Bookkeeping just happens to be one of them. If you need more help when it comes to QuickBooks than bookkeeping, We can help you with your own personal QuickBooks advisor!

How can the advisor help you? Easy!

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Topics: QuickBooks advice, Bookkeeping Salt Lake City, Bookkeeping Services in Utah, Bookkeeping Services, QuickBooks Advisor, Accounting Services

Favorite Courses of Action When Learning QuickBooks

Posted by Matt Roberge on Jul 3, 2012 9:19:00 AM

If you are currently leaning towards learning QuickBooks in order to keep your accounting more organized and accurate, there are certainly a number of options and convenient ways in which to do so. Whether you require the precision of this professional computer program for business reasons, personal purposes, or both, simply deciding to learn is definitely a step in the right direction.

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Topics: learn QuickBooks, Outsourced Bookkeeping, Bookkeeping Salt Lake City, Learning QuickBooks, Bookkeeping Services, Bookkeeping mistakes, Outsourced Accounting

QuickBooks Class Tracking Revealed

Posted by Matt Roberge on May 5, 2012 8:23:00 AM

Many small businesses have chosen to use QuickBooks as their bookkeeping solution because of its ease of use, comprehensive application, and user friendly management tools. QuickBooks class tracking is one of the tools that small businesses find most beneficial to their financial success. Utilizing classes is also an excellent method for grouping transactions together by a defined, shared relationship. 
QuickBooks class tracking can be established to track:

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Topics: QuickBooks advice, QuickBooks, bookkeeping products, Bookkeeping Salt Lake City, bookkeeping needs, QuickBooks Class Tracking, Certified QuickBooks ProAdvisor

Understanding The QuickBooks Reconciliation Functions

Posted by Matt Roberge on Apr 17, 2012 7:56:00 AM

Remember the days of balancing your checkbook or credit card with nothing more than a sharp pencil and a
basic calculator? Crunching the numbers of your business expenditures each month could take hours and had to be checked and double checked numerous times to avoid expensive errors. Many of us put off balancing our credit cards and checkbooks until the last possible moment – if only to retain some small amount of sanity. It's things like this that really make you appreciate new developments in bookkeeping technology – such as the QuickBooks reconciliation feature.

Instead of tapping away at your calculator for hours on end, this simple feature allows you to balance your accounts in minutes so there’s no excuse for waiting. It saves you precious time, and it can also save you a great deal of money.

Essentially, this feature allows you to double check your deposits and credits against your bank or credit card statement. Simply open “Banking” from the startup screen, then click on “Reconcile” and enter in the statement date and end balance. Use the statement to check off each item in the “checks and payments” column. When complete, the amount in the right bottom corner should say “0.” If not, there is an error in the records or in the statement.


What many business owners fail to realize is that banks and credit card companies can make errors too. Often these errors go unnoticed and can add up to a rather large amount of lost money. Generally you only have about 30 to 60 days to contact credit card companies and banks to ask that the errors be reversed, so it is important to catch them early. By using the QuickBooks reconciliation feature to balance your accounts in a timely manner, you are much more likely to catch errors in enough time to have them changed.

All in all, this handy aspect of the QuickBooks program can be a real lifesaver. However, in order to save even more time, you may want to hire a Salt Lake City Bookkeeping professional. Our educated and thorough experts can save you more time and money than even the best program available.

What benefits have you found from the automation of bookkeeping?  

 

 

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Topics: QuickBooks Tips, bank reconciliation, QuickBooks Bank Reconciliation, bookkeeping products, Bookkeeping Salt Lake City, QuickBooks Reconciliation, credit card companies, Bookkeeping Errors, bookkeeping needs, Business Bookkeeping

Handling Job Costing In QuickBooks

Posted by Joe Mazur on Mar 20, 2012 8:15:00 AM

Bookkeeping is one of those essential but tiresome duties of running a business. Bad bookkeeping can result in bad business, including loss of profit, inefficient use of time, and
general disorganization—not to mention the troubles you’ll have when tax time comes! Computers and software such as Quickbooks has made bookkeeping easier, but it can still be time consuming and confusing. You may be unsure of how to utilize the software to the best advantage, and at the end of the day you’re busy with so many things that it’s hard to take time to enter numbers and analyze graphs. This is where Salt Lake City Bookkeeping can come in handy.

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Topics: QuickBooks consulting, QuickBooks advice, QuickBooks efficiency, Job Costing In QuickBooks, bookkeeping products, Bookkeeping Salt Lake City Service, Bookkeeping Salt Lake City