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Leaving Credit Card Charges as Journal Entries
May 14, 2019 at 6:02 pm

A reader asks, “Can I enter credit card charges as journal entries in QuickBooks Premier?” Read today’s edition of “Ask the Accountant” for the answer…

Trump Threatens to Increase China Tariffs to 25%, Add $325B More to List
May 7, 2019 at 1:46 am

President Trump announced yesterday that the U.S. will increase tariffs to 25 percent on $200 billion in Chinese imports, effective Friday. The tariff rate was originally 10 percent, but during trade talks at the end of 2018, Trump promised that the number could increase if the sides couldn't reach a deal by March 1. That deadline was extended once, but with the sides still unable to come to terms, it appears the long-threatened 25 percent rate will now go into effect...

How to Handle Credit Card Fees in QuickBooks
April 29, 2019 at 9:33 pm

A reader asks, “I have customers that pay me by credit card, but the credit card company takes out fees. I am receiving less than the total amount on the invoice. How do I handle that in QuickBooks Premier?” Read today’s edition of “Ask the Accountant” for the answer…

Why Use QuickBooks Over Sending Statements to Accountants?
April 16, 2019 at 8:01 pm

A reader asks, “I send my bank and credit card statements to my accountant at year end to do my taxes. What benefits are there to using something like QuickBooks instead?” Read today’s edition of “Ask the Accountant” for the answer…

How to Switch from Cash to Accrual
April 2, 2019 at 7:27 pm

A reader asks, “Can I just switch from cash to accrual basis in my company? There is a button to do that in QuickBooks.” Read today’s edition of “Ask the Accountant” for the answer…

Know When Your Customers Are Tax Exempt
March 19, 2019 at 8:27 pm

A reader asks, “I am creating an item in QuickBooks Premier, and it makes me select it as ‘Tax’ or ‘Non for Sales Taxes.’ Sometimes it is taxable and sometimes not, depending on the customer. What do I do?” Read today’s edition of “Ask the Accountant” for the answer…