<img height="1" width="1" src="https://www.facebook.com/tr?id=1168427849921758&amp;ev=PageView &amp;noscript=1">

QuickBooks Tips Blog

QuickBooks Video Tip: How to Write Off Bad Debt in QuickBooks

Posted by Matt Roberge on Dec 1, 2014 7:00:00 AM

Every once in a while you may have to write off bad debt in QuickBooks. Bad debit is essentially money from customers that you are not able to collect. You can continue to chase customers that haven't paid or try using a collection agency. However, sometimes it is easier and more efficient to fire bad customers and move on. Here is a short video on how to write off bad debt in QuickBooks.

Read More

Topics: QuickBooks Blog, QuickBooks Tips, QuickBooks Video Tips, Bad Debt, QuickBooks Bad Debt, Write off Bad Debt

Getting Organized or Good Bookkeeping? QuickBooks Does Both.

Posted by Marti Major on Jun 27, 2014 7:00:00 AM

Just because a business is small doesn’t mean it’s simple. All human endeavors get complicated over time. QuickBooks gives you a structure and a container to keep all the information organized and easy to find. But there is a caveat: garbage in=garbage out. So it is important to think about information regarding your business a little before you start loading it.

Read More

Topics: QuickBooks Tips, QuickBooks, QuickBooks Blog, QuickBooks Advisor, QuickBooks Lists

QuickBooks Bank Reconciliation Example Of Procedures

Posted by Matt Roberge on Oct 28, 2013 7:00:00 AM


The more small business bookkeeping consulting we do the more I stand by this motto: reconciling QuickBooks is the most important thing you can do from a bookkeeping standpoint.  Many small business owners use our QuickBooks support services to learn more about using QuickBooks and properly handling their small business bookkeeping.  When I run through a QuickBooks bank reconciliation example with a new client it seems to go well.  When I send that same client to do a QuickBooks bank reconciliation on their own it rarely gets done correctly the first time.  QuickBooks is like any other software, you need to learn how to use it properly and it takes time.  As you learn QuickBooks you are going to make mistakes along the way and eventually learn the correct way to use QuickBooks for your business.  I will run you through a QuickBooks bank reconciliation example and give you some advice on handling it correctly.   

Don't Be Intimidated

First, let me say don't be intimidated by your bookkeeping or QuickBooks.  I know many people do find QuickBooks and accounting intimidating but that is because it is something new.  I always tell people the beautiful thing about bookkeeping is that it can be done whenever and I can always fix mistakes.  Just don't let your bookkeeping fall so far behind that it becomes costly to catch up and fix your mistakes.  Many people get intimidated by the word reconciling; I know it sounds painful.  Reconciling is just a fancy word for balancing the checkbook so feel free to call it whatever you like.  Don't be intimidated by your bookkeeping and find help before you start making mistakes. 

Read More

Topics: QuickBooks, QuickBooks Reconciliation, QuickBooks Blog, QuickBooks Tips Blog, bank reconciliation, Reconciling QuickBooks

QuickBooks Video Tip: Creating Invoices In QuickBooks

Posted by Matt Roberge on Oct 23, 2013 7:00:00 AM


Let's talk about the fun stuff; bringing money into your business.  In order to bring in money you need to be able to create an invoice in QuickBooks to submit to your customers.  While creating invoices in QuickBooks may seem easy and straightforward you need to make sure you are handling things correctly.  Setting up invoices correctly from the beginning will ensure that all of your accounting is being done correctly behind the scenes.  Here is a short video on how to create invoices in QuickBooks.   

Read More

Topics: QuickBooks Blog, QuickBooks Tips, QuickBooks Tips Blog, QuickBooks Video Tips, QuickBooks Invoicing

25 QuickBooks & Bookkeeping Procedures You Need To Learn

Posted by Matt Roberge on Jul 29, 2013 7:30:00 AM

Gotta get this QuickBooks thing figured outIf you are new to QuickBooks or bookkeeping in general, there are certain procedures you are going to want to know how to perform. These 25 tips for QuickBooks and bookkeeping will lay down the foundation for a very tight bookkeeping system.

Read More

Topics: QuickBooks, QuickBooks Tips, QuickBooks Tips Blog, QuickBooks Blog, Bookkeeping, Bookkeeping Tips, QuickBooks Consultant, Bookkeeping Training

QuickBooks Video Tip: Daily Sales Journal Entry

Posted by Matt Roberge on Mar 20, 2013 7:15:00 AM

Many businesses may find it necessary to create a daily sales journal entry in order to properly account for their sales.  Businesses that use some sort of cash register system will often have to record sales through a daily sales summary.  Common situations that may require recording daily sales are bookkeeping for restaurants and retail shops.  Watch this QuickBooks video demonstration on how to develop and record a daily sales journal entry.  

Read More

Topics: QuickBooks, QuickBooks Blog, QuickBooks Tips, Journal Entries, QuickBooks Video Tips, Daily Sales Summary, Sales Journal Entry, Restaurant Bookkeeping, Restaurant P.O.S, QuickBooks POS

Professional QuickBooks Training And QuickBooks Support

Posted by Matt Roberge on Mar 8, 2013 7:25:00 AM

If you are new to QuickBooks or bookkeeping you may want to consider finding a professional consultant to help you with QuickBooks training and support.  Salt Lake City Bookkeeping offers remote QuickBooks training and support.

Read More

Topics: QuickBooks, QuickBooks Blog, QuickBooks Tips, QuickBooks Video Tips, Remote Bookkeeping, Remote Access, Remote Accounting, VPN

QuickBooks Video Tip: QuickBooks Online Payment Feature

Posted by Matt Roberge on Mar 1, 2013 7:45:00 AM

In QuickBooks there is a way to accept online payments.  This allows your customers to pay directly from invoices emailed from QuickBooks.  There is no cost to your customer and the cost to you as a business owner is very inexpensive.  For bank payments it only costs $0.50 per transaction with no monthly, setup or cancellation fees.  You can also allow customers to pay by credit card and Intuit charges a merchant processing fee for this. However, you can choose to accept just bank payments if you wish, keeping your processing costs very affordable at $0.50 per transaction.  Watch this QuickBooks video tip to learn how to enable online payments in QuickBooks.  

Read More

Topics: Cash Flow Management, QuickBooks, QuickBooks Blog, QuickBooks Tips, QuickBooks Tips Blog, QuickBooks Video Tips, QuickBooks Payments, Accounts Receivable

How to Setup a Mortgage in QuickBooks

Posted by Alex Viau on Jan 4, 2013 11:43:00 AM

When I started my first foray into QuickBooks I was in my early 20' and just understood QuickBooks basics.  Now, please don't get me wrong, I have a good handle on my finances for someone in there 20's but I'm in no position financially or personally to be buying a house. Terms associated buying a house such as escrow, county tax payments, and PMI were slightly foreign at first and took some questions to get a good handle on it. Nearing my 30's now and using QuickBooks daily it's a question that I get often, how do I book my home in QuickBooks?

Read More

Topics: QuickBooks consulting, QuickBooks, QuickBooks Blog, QuickBooks Tips, QuickBooks Basics, Real Estate Bookkeeping, QuickBooks Memorized Reports

Video QuickBooks Tip: Using Ask My Accountant

Posted by Matt Roberge on Jan 2, 2013 7:22:00 AM

The QuickBooks account called 'Ask My Accountant' can be an extremely useful account to use.  QuickBooks started making this a default account on the chart of accounts years ago.  However, seasoned QuickBooks users started using this concept before QuickBooks introduced it.  It is a great way to not only keep all of your questions organized; it can be useful in other ways as well.  Watch the below video for more information on how and why to use the ask my accountant account in QuickBooks.  

Read More

Topics: QuickBooks advice, QuickBooks, QuickBooks Blog, QuickBooks Tips, QuickBooks Advisor, QuickBooks Tips Blog, QuickBooks Video Tips