Memorizing Transactions in QuickBooks: Why? How?

Memorizing Transactions in QuickBooks: Why? How? QuickBooks saves time in countless ways, one of which is its ability to memorize transactions. Are you taking advantage of this feature? One of the reasons you started using accounting software, among many others, was to save time. And QuickBooks has complied. Once you create a record for a customer, vendor, item, etc., you…

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Welcome to QuickBooks Online – Let’s Take a Tour!

New to QuickBooks Online? Take a Tour Around the Home Page Switching from QuickBooks desktop or starting fresh with QuickBooks Online? Here’s a quick overview of its home page. Whether or not you’ve ever used accounting software, we think you’ll like using QuickBooks Online. It was designed for small businesses who have little or no accounting experience, and its user…

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Start Planning Now for 2014 Income Taxes

You may not have even completed your 2013 taxes yet. But now is an ideal time to start getting ready for your 2014 returns. We know that you’re in some stage of preparation for your 2013 income taxes. It may seem odd to start thinking about 2014 taxes just now, but actually, this is the ideal time to start planning…

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Make QuickBooks Yours in 2014: Customize

QuickBooks can be used as is (with some exceptions), but you can customize many elements to improve your workflow, your form output and your business insight. While many of the things you purchase and use in your daily work and professional lives don’t come with options, many do. Think about the last time you bought a car, for example. Did…

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Receiving Payments from Customers in QuickBooks

Depending on the situation, there’s more than one way to record a payment in QuickBooks. Here are your options. There are undoubtedly some QuickBooks tasks that are more enjoyable than others. It’s no fun paying bills, for example, and making collection calls on unpaid invoices can be downright unpleasant. But you probably don’t mind recording payments after all of your…

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25 Accounting Terms You Should Know

QuickBooks is easy to use, intuitive and flexible. But it is not an accounting manual or class or tutorial. If your business is exceptionally uncomplicated, you might get by without knowing a lot about the principles of bookkeeping. Still, it helps to understand the basics. Here’s a look at some terms and phrases you should understand. Account. You’ll set up…

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Do you need a more robust version of QuickBooks?

Maybe you just need to study your current version thoroughly. But it might be time to move up. If QuickBooks were just one product, its appeal would be more limited than it is. Because there’s an entire family of Windows desktop software applications (as well as five online versions and a Mac edition), the QuickBooks family has found a home…

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QuickBooks Custom Fields: An Overview

QuickBooks Custom Fields: An Overview Part of QuickBooks popularity comes from its flexibility. Here’s a look at how custom fields contribute to that element. The beauty of QuickBooks is that it can be used for so many different kinds of businesses. Its smart design lets Realtors and retail shops, plumbers and plastic surgeons use it to track income and expenses,…

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What is your Business Plan?

What is Your Business Plan?   Do you have a business plan?  If it isn’t written down somewhere, I would argue that you do not have a business plan.  You may have an idea of what your business is about and what you hope to accomplish through business ownership.  Without following specific guidelines and WRITING it down, it is very…

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The IRS helps taxpayers make a “Fresh Start”

The IRS helps taxpayers make a “Fresh Start”   Today as I was perusing  the IRS website, something I actually enjoy doing, I ran across an article that describes how the Internal Revenue Service has expanded its “Fresh Start” initiative by offering more flexible terms to its Offer-in-Compromise (OIC) program.  How it works is the IRS looks at the taxpayer’s assets…

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