Memorized, Commented, and Scheduled Reports in QuickBooks

Have you explored what you can do with QuickBooks reports once you’ve created them? QuickBooks reports are your reward for tracking your business income and expenses conscientiously. Rather than scanning through lists of customer invoices to see which ones are past due, you can run an A/R Aging report with a couple of clicks. The same goes for your bills: …

Keep Up With Payables: Entering Bills in QuickBooks

Did you resolve to pay bills on time in 2021? Here’s how QuickBooks can help. Managing your paper bills manually is a dangerous practice. It’s too easy to lose them, for one thing, and it’s impossible to keep all of those vendors and amounts in your head. Even if you keep them in a safe place, how do you track …

New to QuickBooks? Try These 5 Activities

QuickBooks can be overwhelming when you first start using it. Here are five ways to familiarize yourself with some of its features to get you up and running in no time. Tackling any new piece of software can be daunting. Add a complex process like accounting to the mix, as QuickBooks does, and you may feel apprehensive about your ability …

Should You Charge Late Fees? QuickBooks Can Help

Do you have a lot of aging receivables? Assessing finance charges can speed up customer payments. Have your customers been submitting payments later than usual these last several months? It wouldn’t be surprising. Many businesses are struggling to pay bills these days. Still, you need to get paid – and on time. Tardy receivables have a negative impact on your …

How Do You Create Price Levels in QuickBooks?

QuickBooks allows you to create Price Levels that you can assign to customers and jobs and to individual items. You already know that when you create a product or service record in QuickBooks, you must assign a sale price to it. But did you know that QuickBooks gives you a great deal of flexibility when to comes to pricing items …

4 Ways to Get Paid Faster Using QuickBooks

It’s probably one of your toughest challenges. How do you encourage customers to make payments faster? Cash flow is a problem for so many businesses right now. Unless you sell products or services that are in high demand during the COVID-19 pandemic, you’re probably struggling to get payments from customers who are also cash-strapped. Adding a line to your invoices …

How to Track Employee Time, Part 2

If you have to track a lot of employee work hours, you might want to use QuickBooks’ Timesheets. Last month, we introduced the concept of time tracking in QuickBooks. Using the software’s tools, you’re able to record individual blocks of time that employees have worked, so that you are able to include them in payroll and billing customers when necessary. …

Copying Data from one QBO Subscription to Another

There is a common question that keeps surfacing across social media, “How do I copy the data from one QBO Subscription to a new one?”   This request usually has one of these reasons:  Prior bookkeeper is not playing nice, not responsive, or dead (it happens!!) Not in the Right version Promotional Pricing falls off during an upgrade or downgrade. User …

Managing Inventory Online and Offline in QuickBooks

Managing inventory can be a challenge to track inside QuickBooks financial software, for both online and offline sales, whether it is online or desktop. The ultimate goal would be tracking your inventory in an integrated way while streamlining your process.  Here is a common challenge: “I have a retail client who recently opened a physical location. They are using QuickBooks …

How to Track Employee Time, Part 1

Whether you’re recording employee hours for payroll or customer billing, your entries must be accurate. QuickBooks can help. It’s easy to track sales of goods in QuickBooks. You create an invoice or a sales receipt, select the product the customer wants along with the quantity, and save the transaction. QuickBooks reduces the corresponding inventory level and records the purchase in …