A reader asks, “Can I Run a Report on Amount of Sales from Customer Groups in QuickBooks?” Read today’s edition of “Ask the Accountant” for the answer...
A reader asks, “How Much Can I Charge a Customer for Using a Credit Card?” Read today’s edition of “Ask the Accountant” for the answer…
State governments would like to collect as much sales tax as possible and, with declining revenues over the last several years, are looking to every possible source. One such source is to charge sales tax on purchases made by their residents and out-of-state businesses. States are becoming more aggressive in pursuit of revenue and are reaching even further than before...
Using the undeposited funds setting in QuickBooks shows in more detail your actual deposits and makes it easier to reconcile your checking account every month. Allow me to show you the value of undeposited funds...
Your Chart of Accounts (COA) is an important groundwork for your business to organize your financial transactions. The specificity of your COA will determine how clearly you can view your financial statements. You want enough detail to delineate categories of cash inflow and outflow that are important to your business, but not so much detail that your financial statements are a jumbled mess...
A reader asks, "I Use the Order System in QB Premier. Why Don't the Customer Sales Order and Supplier Purchase Order Appear in My Financial Statements?" Read today's edition of "Ask the Accountant" for the answer...
A reader asks, “When I'm Not Sure How to Make an Entry in QuickBooks, Should I Make a General Journal Entry?” Read today’s edition of “Ask the Accountant” for the answer...
A reader asks, "Is there a way to handle sales taxes in QuickBooks if you owe multiple government agencies?" Read today's edition of "Ask the Accountant" for the answer...
QuickBooks allows you to set up purchase orders as jobs. A report of profitability by job can be run after the purchase order has been invoiced and the supplier purchase order has been converted to a bill or paid. To set up a job, go to “customer” and then “customer center.” Highlight the...
There are five versions of QuickBooks, each designed for specific applications, and the ad specialty business was not one of their selected specifics. Ours is a complex and unique business...
