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QuickBooks Tips Blog

The 5 Basic Functions of QuickBooks

Posted by Alex Viau on Jun 7, 2013 8:12:00 AM

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 creating the skeleton of QuickBooks. The skeleton is made up of Vendors, Customers, Employees, Company, & Banking. All have functions that are vital to the integrity of your company file. If they're not done correctly of course you run the risk of disaster. The problem though when you attempt to utilize every aspect is that you will begin to waste time and very quickly cause extreme disorganization for yourself risking the accuracy of both your Balance Sheet, Profit & Loss, and Cash Flow Statement.

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Topics: QuickBooks POS, QuickBooks Basics, QuickBooks Payroll

How to Handle and Enter Payroll in QuickBooks

Posted by Alex Viau on May 10, 2013 7:00:00 AM

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, Customers, Company, Banking and lastly Employees. The Employee section of QuickBooks is predominately utilized when the payroll function has been activated which I will adamantly advise against. Some functions of the payroll section are available however even if you do not activate it, namely the employee names list. Before we begin talking about how to enter payroll let us briefly discuss the difference between bringing payroll in house (utilizing the QuickBooks payroll function) and using an outsourced vendor such as ADP or Infnisource.

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Topics: QuickBooks Tips, Bookkeeping Tips, Outsourced Payroll, QuickBooks Payroll