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QuickBooks Tips Blog

3 Reasons Bookkeepers Think QuickBooks Online Sucks

Posted by Joe Mazur on Apr 21, 2014 6:16:00 AM

Great bookkeeping is all about working efficiently, accurately, and swiftly.  A majority of this depends on the ease of access to transactions and the software provided.  QuickBooks is the prefer software for a majority of small businesses, but not all of the QuickBooks' products are the same.  Take QuickBooks Online for instance.  Is provides great benefits such as online access and multiple device interfacing but it doesn't provide great bookkeeping functionality.  As bookkeepers, most of our group discussions about crappy software tend to gravitate towards QB Online. Here are a few of the topics that seem to pop up again and again.  

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Topics: QuickBooks Advisor, QuickBooks Mistakes, Independent Contractors, Small Business Management, Salt Lake City Bookkeeping

Customize Your Small Business's Chart Of Accounts

Posted by Joe Mazur on Aug 5, 2013 7:00:00 AM

Nothing is worse than hearing a small business owner say their books were set up by a relative many years ago and no one has changed the bookkeeping system since.  Almost all small businesses need to take the initial step to set up their Chart of Accounts in QuickBooks for helping track their money, profits, expenses, and a number of other things.  Although it needs to be done, this doesn't always mean the chart of accounts was set up correctly.
Having the books set up the right way from the get go can save a lot of hassles down the road, and save some cash too.  Although QuickBooks has different industry choices, the customization doesn't go far enough.  This is where an experienced bookkeeper can come in really handy and set the Chart of Accounts up to fully fit your business.  This QuickBooks basic topic has been written about before, but this time let's look at it from a different angle; Owner Equity and the impact on tracking startup costs as well as Cost Of Goods Sold and break even analysis.

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Topics: Bookkeeping Errors, Business Efficiency, QuickBooks Mistakes, Outsource Bookkeeping, Financial Reports

You Have QuickBooks - Now What?

Posted by Matt Roberge on Jun 3, 2013 7:00:00 AM

Many small businesses purchase QuickBooks for their business because it is the most popular small business accounting software.  However, after purchasing QuickBooks I'm sure many people think to themselves, "now what?"  In fact it is not uncommon to come across a business that has purchased QuickBooks but has not even installed it.  So if you are new to QuickBooks here are a few suggestions for getting started.

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Topics: QuickBooks Tips, QuickBooks Advisor, QuickBooks Tips Blog, QuickBooks consulting, QuickBooks Setup, QuickBooks Mistakes, QuickBooks Consultant, QuickBooks Professional