Archive for QuickBooks Tips

QuickBooks Income Tax Reports And Filtering Options: Target The Right Output

February 28th, 2012

April 15 is getting uncomfortably close. QuickBooks, of course, can’t do your taxes for you. But it helps you lay some of the groundwork. Following up on last month’s column on customizing reports, we’ll look at the program’s tax-related reports and its powerful report-filtering options. But first, you’ll need to make sure that this output […]

QuickBooks Tips And Tricks

November 1st, 2011

No matter which version of QuickBooks you’re using, there are always ways to make your workday easier. As with any software, we tend to learn the features we need and not much more. But small changes in the way you operate can add up to significant time savings and more accurate files. If you jumped […]

QuickBooks 2012: New Paths to Better, Faster Financial Management

October 4th, 2011

As it usually does this time of year, Intuit has introduced new versions of its Pro and Premier products. QuickBooks 2012 promises to help you get better organized, save steps, and acquire more in-depth financial insights. The new Express Start is designed for businesses that want to blast through setup and start entering customers and […]

Tracking Bills in QuickBooks, Worth the Effort

August 23rd, 2011

Next to payroll, paying bills is probably your least favorite task in QuickBooks. You don’t have to use this feature – you can keep stacking bills on your desk, scrawling the due dates on a paper calendar, and writing checks. If you’re still operating this way, though, you’re missing out on the numerous tools that […]

Repetitive Transactions. Memorize Them.

February 21st, 2011

Filling out invoices the first time can be a pain, especially if they’re lengthy. But doing the same thing repeatedly if the identical invoice recurs regularly? No need. QuickBooks can memorize a variety of transaction types, including invoices, purchase orders, and bills. After you’ve memorized them, you can edit, reschedule, and delete them, as well […]

Taxes 24/7/365

November 30th, 2010

The reasons for putting off tax preparations are endless – and understandable. So tax filing deadlines may become the culmination of marathon sessions with your records, which can make mistakes more likely. Conscientious daily work habits—including a constant eye on tax issues—can help prevent this painful scenario. QuickBooks offers many built-in tools to help you […]

Manage Collections with QuickBooks

January 12th, 2009

In these trying economic times, it’s more important than ever to keep a close rein on your accounts receivable. Seemingly no one is immune to sudden changes in financial circumstances, so be sure to monitor your outstanding invoices closely. There’s an inverse relationship between the age of an invoice and your ability to collect on […]

Use Accounting Ratios to Stave Off Financial Problems

November 20th, 2008

Does the mere mention of accounting ratios put your teeth on edge, and bring back bad memories of Accounting 101?  It shouldn’t as ratios can help your quickly determine how your business compares against others. Banks often use ratios to analyze your financial statements as part of the loan approval process, so it’s helpful to […]

16 Bank Reconciliation Tips

November 12th, 2008

Although it may seem like drudgery, reconciling your bank account is a critical accounting task that you should carry out each month. Doing so helps ensure the integrity of your financial reports, since most of your accounting transactions ultimately affect cash in some fashion. Further, QuickBooks is a much more powerful tool for your business […]

Seven Ways to Search QuickBooks

November 7th, 2008

Over time, your QuickBooks company can grow in size to the point that it becomes difficult to find specific transactions. For instance, let’s say that you hire a new employee, and want to order another desk to match the ones in your office. You vaguely remember the last time that you ordered a desk, but […]