Tag: quickbooks tutorials

How to Easily Track Bills and Purchase Orders in Quickbooks 2018

As your business grows, keeping tabs on all your bills and purchase orders in QuickBooks 2018 can become overwhelming.  This little known feature will save you time and energy in tracking those items, allowing you to easily track what is going on in your busi...

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How to Enter Bills in Quickbooks 2018 the Right Way

I see people do all sorts of crazy things when they use the “Enter Bills” function in QuickBooks 2018.  Some don’t use it, some enter the wrong dates, and some even pay bills twice because of the errors I show you how to avoid in this QuickB...

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How to Record Sales in Quickbooks from a Daily Summary

There are a lot of businesses that use a different software for recording sales and inventory other than QuickBooks.  For example, many retailers have a separate POS system they use to record sales throughout the day, and these other softwares don’t nec...

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Where to Begin With Quickbooks – Demystifying the Homepage

When you get started with Quickbooks, it can be overwhelming to say the least.  Creating your company file is the first hurdle to overcome, but then how do you know where to start?  What is this flowchart thing, and how do I find where I need to go?  This v...

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Simple Quickbooks Tutorial on How to Record Credit Card Cash Back Rewards

A lot of people get this wrong for some reason, but here is how to record cash back rewards you receive on your credit card statement in QuickBooks.  This QuickBooks video makes it simple and easy to do and ensures you get it right every time! ...

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Quickbooks 2018 Tutorial – What To Do If a Customer’s Check Bounces

It’s not fun when a customer’s check bounces. All that hard work, you send your invoice, you get paid, and the dang check bounces.  It’s frustrating to say the least, but unfortunately it happens, and there is an easy way to record it in Qui...

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Quickbooks Tutorial – The #1 Tip To Help Stop Employee Theft

I have seen it so many times, and it’s sad really.  It follows a typical E-Myth path – you start a business, get really busy, hire someone to handle the stuff you don’t want to do, like bookkeeping, hand off the reigns, and never manage or o...

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Top 3 Critical Quickbooks Mistakes Users Make in Banking Transactions

I strive to make sure that business owners, students, bookkeepers and others use Quickbooks correctly.  It’s a mission of mine because it really builds the foundation for being able to properly analyze your business.  And when I mean properly analyze y...

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Cash vs Accrual Financial Statements – What’s the Difference?

Cash or Accrual? Do you know the difference between cash and accrual accounting? The difference is crucial to understand as you keep your books or you read financial reports. In it’s most basic sense, keeping your books on a cash basis means money collected ...

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Why Small Business Accounting is Critical

I have worked with hundreds, maybe thousands of businesses over the years, and there is always a common theme among all of them.  The ones who take their small business accounting seriously are the ones that have a higher chance of success. Now, I’m not...

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