Do you have a negative Accounts Receivable? Customers who have paid showing an open balance in the Customer Center?* includes free interactive lesson

Resolving Unapplied Payments and the Significance One issue that many people – including bookkeepers – are not aware of is the way unapplied payments and credits in QuickBooks can affect your Financial Statements. I am talking about payments you have received from customers that were “received” in QuickBooks by using the received payments window, but…

Continue Reading →

QuickBooks™ Group Items – Create Lump Sum Draws

Progress Billing Solution for Sub-Contractors and Lump Sum Draws. QuickBooks™ Premier Contractor Edition offers many options for invoicing and includes a pretty flexible Progress Invoicing feature. However, the Progress invoicing feature is definitely geared more toward line-item billing for General Contractors. Specialty and many General Contractors run up against a customer billing issue when attempting…

Continue Reading →

Payroll and Job-Costing in QuickBooks™

Perfect Payroll Option for Job-Costing in QuickBooks – Assisted Payroll Many businesses prefer to use an outside payroll service for the peace of mind provided by someone else taking responsibility for the Payroll Reports and Tax Payments. Many employers are more comfortable with this arrangement. I have personally known a few Employers who have gotten…

Continue Reading →

Hiring a Bookkeeper and Accounting Controls in QuickBooks for the Small Business Owner

How to Hire a Bookkeeper and Accounting Control Tools for the Small Business Owner We have all heard more “bad” bookkeeper stories than we can bear. One reason for this is that many small business owners are not intimately familiar with accounting concepts or QuickBooks software. Too often, business owners discover a problem in their…

Continue Reading →

Handling Customer Deposits in QuickBooks

Handling Customer Deposits in QuickBooks Many businesses who receive deposits from customers are not aware of how to process these payments properly. One  mistake I see often is receiving a payment and leaving the payment “unapplied” to anything until some later date when an invoice is created.  This process wreaks havoc with your Accounts Receivable…

Continue Reading →

Page 7 of 8