8 Tips for Optimal QuickBooks Use Do you own your own business? Are you trying to evolve your skill set to include financial and management accounting? Are you looking for an alternative to monitor your personal finances? Whatever the case, you have probab...
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Hello to all Quickbooks University members (and feature members). The new videos are already available inside your members area, we send you an email about it today. We kindly ask you to assist all or a few of the new videos and then come back here to give us ...
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Did you know that there are basically 2 ways to report your information in accounting (on reports such as your Profit & Loss and Balance Sheet)? The 2 ways to report the information are called the cash basis of accounting and the accrual basis of accountin...
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Tagged As: accounting, accrual basis, accrual method, cash basis, cash method, learn quickbooks, quickbooks, Quickbooks 2012, quickbooks training, what is cash vs accrual accounting and how to change it in quickbooks
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In Quickbooks there are 2 types of sales you need to be concerned about – an immediate sale where someone pays for your product or service at the time of service and a sale where you invoice someone for the goods or services. In the first situation (imme...
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Tagged As: how to record sales in quickbooks, learn quickbooks, quickbooks, quickbooks invoice, quickbooks sales, quickbooks sales order, recording sales in quickbooks, sale, sales, sales in quickbooks
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Sometimes companies will create a purchase order in Quickbooks and pay for the items they ordered BEFORE they actually receive the items or receive the invoice. Why would someone do this? Well, it could be a custom order that requires prepayment, or it could...
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Tagged As: amount of time, credit card charge, current asset, how to use quickbooks, learn quickbooks, paying from a purchase order in quickbooks, purchase order, quickbooks, quickbooks purchase order, quickbooks training
Posted on December 1st, 2011 by
Mat in
Cash Flow,
Learn Quickbooks,
Quickbooks
You might be asking “What? A bank? I sell ________!” So, let me explain this common trap many small businesses fall into (without even knowing it!). If you read my last post HERE, you learned about how to increase your cash in your business by us...
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Tagged As: accounts payable turnover, accounts receivable turnover, cash flow, inventory turnover, learn quickbooks, quickbooks, quickbooks cash flow, quickbooks training, quickbooks tutorial, quickbooks tutorials, small business cash flow
Cash is king in small business. If you run a small, or even medium size business, you know this. So, how can you increase your cash simply by looking at your Quickbooks reports? Below are 3 ways to increase cash in your business by looking at your Quickb...
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Tagged As: cash flow, how to use quickbooks, learn quickbooks, quickbooks, quickbooks cash flow, quickbooks training, small business cash flow
Posted on November 19th, 2011 by
Mat in
Learn Quickbooks
Well, we just set up our new Google + business page and would love to have you add us to your circles. As this new social network develops, we plan to add new content and have new Quickbooks videos available only to people in our circles… Check out our...
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Posted on September 26th, 2011 by
Mat in
Quickbooks 2012
Every fall, Intuit, the maker of Quickbooks, updates the software. Well, it’s that time of year and they just recently released Quickbooks 2012. It is available for download right now, and will be available in store in October. So, what can you expec...
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Tagged As: how to use quickbooks, learn quickbooks, Quickbooks 2012, quickbooks 2012 discount, quickbooks 2012 download, quickbooks help, quickbooks tutorial, quickbooks tutorials