Setting up or modifying an existing Chart of Accounts is not an overwhelming task in QuickBooks.
If you are new to QuickBooks, when you create your company file (File menu -> New Company), the EasyStep Interview provides you with a… Continue reading
The Chart of Accounts in QuickBooks is the backbone for a company to track how much money it has, money it owes, money that is coming in, and money it is spending. The chart of accounts should be designed to include the accounts necessary for both financial and income tax reporting. Continue reading
QuickBooks automatically prefills the date field in every transaction you create (Enter Bill, Write Checks, Create Estimate, etc.) and report that you generate. In many cases, the date that QuickBooks provides you with is not the correct date that you need. Continue reading
Technically, the bill should be approved before it is input into QuickBooks; and generally indicating on the front or face of the document/purchase order/voucher/vendor invoice or whatever you happen to call it, is usually the relied upon method. Continue reading
If you think that job costing is all it takes to have a good construction accounting system – think again! You need a firm handle on your costs and QuickBooks when properly setup and used does a very good job, however, you also need to be able to control those costs. Continue reading
