Tag Archives: QuickBooks

What to Do Before Entering Opening Balances in QuickBooks

Before you begin entering startup balances, make sure you have the following created in your QuickBooks data file: Chart of Accounts—This list is usually created automatically for you in the EasyStep Interview or the new Express Start with QuickBooks 2012. … Continue reading

QuickBooks Accountant 2012 What’s New Videos

Would you like to learn quickly about the new features in QuickBooks Accountant 2012? View these short QuickBooks Accountant 2012 Intro Training Videos for working more efficiently with your client’s files. Chapter 15 – 96 page resource document, Click Here: … Continue reading

What’s New in QuickBooks 2012 for You & Your Clients

Please join me for the What’s New in QuickBooks 2012 for You & Your Clients – Virtual Conference – October 25, 2011! For further details click here or visit the Intuit LearnCenter to register. Click here for more QuickBooks Training … Continue reading

How to Create a Beginning Bank Balance in QuickBooks

To create your beginning bank balance: 1. Click Banking > Make Deposits to record your bank statement balance (if a positive balance). 2. In the Deposit To field, enter your bank account from your chart of accounts list. The Date … Continue reading

How to Set the Admin Password in QuickBooks

Setting an administrator password is always a good practice. All QuickBooks files have an Admin user that is created automatically. If during the EasyStep Interview you did not create a password now would be a good time. Click to enlarge: … Continue reading

QuickBooks Data Sharing – Accountant’s Copy

I was recently asked “Laura, I have not used the Accountants feature to change entries in that review section. I was wondering if it has to be “accountants copy” to function. Most of the time I am at clients office, … Continue reading

QuickBooks and Adjusting Inventory

There is a proper way to adjust inventory in QuickBooks. Watch this short video for more details! To complete a QuickBooks inventory adjustment: Select Vendors, Inventory Activities from the menu bar Select Adjust Quantity/Value on Hand Choose the proper Adjustment … Continue reading

QuickBooks Closing Date – Prevent Changes to Your Accounting

Why Set a Closing Date in QuickBooks Enterprise, Premier or Pro? It is the time of year where you have provided your accountant with you financial data to prepare the tax return. To prevent changes to the data being, set … Continue reading

QuickBooks into The Future – Wow Look At This!

Easily Share QuickBooks Data Between Clients and Accountant’s Want to win a copy of QuickBooks Premier 2011? Follow these rules: Read about this new product in development Leave a comment here with this blog post about what you think of … Continue reading

QuickBooks Inventory vs Non-Inventory Items

Question: I have question re inventory and non-inventory items. Why would I use a non-inventory item in QuickBooks?. Answer: The reason to use Non-Inventory vs. Inventory might include: 1. You don’t “warehouse” or store the goods, your vendor drop ships … Continue reading