Ending your year and closing out your QuickBooks file can be a simple process but should be done in a through and careful manner in order to avoid serious misstatements that could cause both tax repercussions and bad decisions made on bad data. On more than a...
Adjusting inventory in Quickbooks is simple: Go to the Vendors menu, click Inventory Activities, and then click Adjust Quantity/Value on Hand. Click the Adjustment Account drop-down arrow and then click the account where you want to track inventory adjustments. Which account should I use? You may want to create...
Even a brand new beginner usually get the idea of customers in QuickBooks. With the new versions of QuickBooks the start up interview even helps you add them. It is after that initial step that most people get lost. QuickBooks has several reports that are...
As a business one of the most important things your accounting system does for you is create reports. What is the point of entering all this information if you don't get some kind of summary of the information? Sometimes we business owners need to see...
The tasks and workflows shown on the Home page reflect how you use QuickBooks to run your business. The version of the Home page you see when you start QuickBooks is based on your company file preferences, or how you answered the ...
Switch to single-user mode. From the file menu select preferences. Open the 1099 tax preferences. Select Yes in the "Do you file 1099 MISC forms?" option. If you don't work with individuals who qualify as 1099 recipients, select No to turn off the 1099 feature in QuickBooks. The Account and...
You can remove the Accountant's Copy restrictions from your company file and work as if you did not create an Accountant's Copy. But if your accountant continues to work with the Accountant's Copy, you will not be able to import your accountant's changes. You will...
Decide who the administrator will be. Choose someone who is usually available in your office. Go to the Company menu, click UsersSet up Users and Passwords, and then click Set Up Users and RolesSet up Users. In the User List window, select Admin and...
Quickbooks has shortcut keys. Frequent users can improve their productivity by learning these short cut keys.Download Your Own Quickbooks Shortcut Card for Quick Reference...
Over the past few years I can count numerous occasions when Intuit and the QuickBooks literature have told us that QuickBooks doesn't do that or that something couldn't be fixed just to turn around and find a solution from a user. Long time user and...