Tag Archives: Accounting

Tracking Pre-Payments on inventory purchases in QuickBooks

I recently received a call from a client with an issue in buying/paying for inventory.  Basically he needs to have a way to pay an inventory item bill before the items are actually received and then have that payment apply … Continue reading

Posted in Current Tips and Tricks, Inventory | Tagged , , , |

The Toy Store – Installation Day

The day after I did the creation of the POS data file and the importing of all the lists, I went onsite to install the POS software & hardware, QB software and the POS data file.The first thing I had … Continue reading

Posted in Current Projects, The Toy Store | Tagged , , , , |

What an accountant can do in an Accountant’s Copy

As an accountant working in an Accountant’s Copy, you can work on transactions dated on or before the dividing date. Your client continues to work in the company file on transactions dated after the dividing date. To prevent your work … Continue reading

Posted in Current Tips and Tricks | Tagged , , , |

Beginning balance issues in QuickBooks software reconciliation

I cannot stress enough how important it is to reconcile your Checking account every single month.  Throughout the month, there are going to be data entry mistakes.  Also, banks make mistakes all the time.  Unless you are checking the account for … Continue reading

Posted in Tips & Tricks | Tagged , , , , , , |

Cash Drawer Payouts in QuickBooks Point of Sale.

Many POS users don’t realize that there is functionality built into the program to assist with payouts.  I have seen it a number of times that a user will pull cash out of thedrawer and replace it with a note … Continue reading

Posted in QuickBooks Point of Sale, Tips & Tricks | Tagged , , |

Keeping books in a Restaurant

Some of you may have heard some rumblings out there about Intuit releasing a POS system for restaurants. Since QBPOS is not such a good fit, I was really excited about this.  The down side is that although there were … Continue reading

Posted in Tips & Tricks | Tagged , , , , , |

Hiring a new employee to work on your QuickBooks.

Go through the classifieds today and you will see many bookkeeping/data entry positions for companies that are looking for experienced QuickBooks users.  Better yet, you may be one of them.  Because QuickBooks is the most widely used Accounting programs in … Continue reading

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QuickBooks software 2012 – Advanced Inventory Improvements

Your first question might be “what is advanced inventory?”  Last year, Intuit introduced a new part of the Enterprise version to assist with multiple location inventory tracking.  This piece is called “Advanced Inventory” and it is an extra $700.00 per … Continue reading

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QuickBooks software 2012 – Auto Price Markup

One thing that I am always being asked for is to have the system automatically change the sales price of an item if the cost changes. Until now, that couldn’t really be done.With QuickBooks Enterprise 2012, there is now a … Continue reading

Posted in 2012 New Features, Current Tips and Tricks | Tagged , , , , , , , |

QuickBooks software 2012 – Batch Time Sheets

Entering Employee’s time can be a very time consuming task especially if you have a lot of employees. In previous versions, you had to do one time sheet per employee for every week. If you had 2 or more employees … Continue reading

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