Starting and 2009 versions and enhanced in 2010 the new QuickBooks Snapshot tool gives you a way to review key information in an easy and convenient one page format. In clear graphical charts you can see who owes you, compare current year with last year data, review trends as well as other important data.
There are [...]
Archive of posts filed under the Hints & Tips category.
QuickBooks Company Snapshot
New Merchant Services Changes
Enable Customer Credit Card Protection for Greater Security What is happening
To comply with password protection requirements going into effect July 1, 2010, anyone using Merchant Service-enabled QuickBooks files must download the QuickBooks 2010 Release 7 update. Without this update, you will not be able to open any company files that do not have [...]
Using Classes In QuickBooks
Would you like to know how much profit is made by a particular department or location within your company? The use of classes will allow you to do just that providing you with reports showing the income earned and the expenses incurred for each segment of your business you wish to break out. [...]
Going Into The Fourth Quarter
©D. L. MacMillan, QuickBooks Training . Web Learning
The fourth quarter for most businesses starts on October 1st. If you have not started to get ready for the year end, now is the time to start.
If you have been struggling to keep a manual set of books and your plan is to bring your tax [...]
Searching QuickBooks
©D. L. MacMillan, QuickBooks Training Anywhere You Are . Web Learning
There are two ways to search within QuickBooks, the Find feature and the Search feature.
Search uses the Google Desktop search and can be accessed by clicking on the Search button on the toolbar or by choosing Search from the Edit pull down menu. When you [...]
Reviewing Your Budget
©D. L. MacMillan, QuickBooks Training. Web Learning
If you prepared and put into place a budget for this year and have not compared your actual income and expenses yet, now is the time to do so. Most small companies’ fiscal year is based on the calendar year and the end of June is a great [...]
Personal Expenses In QuickBooks
I am often asked by small business owners what do I do when I have paid for a personal expense using either my business checking account or credit card. As you know personal expenses are not legitimate business deductions and therefore cannot be netted against your business revenues. The first thing I tell [...]
Tracking Time
Do you charge by the hour or some other time related billing method? If you are using the methods most business people employ to tally up the hours you have spent on a job such as scraps of paper, notes on a pad of paper or even a calendar appointment book you may be [...]
QuickBooks Shortcuts – Changing Dates
Do you often enter more than one or two transactions at a time when the order you are entering them might not be in chronological order? Most bookkeepers do and changing or editing the dates can lead to some interesting and creative postings. For example perhaps you miss type the year, or the [...]
Finding Deleted, Voided or Changed Transactions In QuickBooks
Have you ever had to go back to review just how a deleted, voided or edited transaction affected your books? QuickBooks has provided you with a tool that will allow you do just that – an audit trail report.
The audit trail is always on and automatically tracks all changes you have made including additions, [...]
Using Price Levels in QuickBooks
Do you have different pricing for different types of customers? Perhaps you may offer a professional discount for those customers who are in a particular trade or business and who are regular customers. Or maybe you might want to offer a lower price to some customers who are reselling your products, a distributor [...]
Creating Budgets In QuickBooks
One of the most important tools your business can use is the setting up of budgets for your expenses. QuickBooks handles this task easily and allows you to track how well you are meeting your goals.
To set up a budget in QuickBooks choose Planning & Budgeting from the Company menu. And then choose [...]
