Being organized means putting things in a place where you can easily locate them. Today, in addition to organizing physical things, one has to organize non-physical things, such as files on your computer. Organize Similar Things Together So how do you organize things so that you can … [Read more...]
5 Benefits of Being Organized
1) You are prepared to file your taxes in January When you keep track of your income and expenses during the year using a bookkeeping software program such as QuickBooks, Quicken, Mint, or one of the many other good bookkeeping programs, when the year is over, you will have all of your … [Read more...]
Setting up Bank Accounts in the QuickBooks Chart of Accounts
When setting up Bank Accounts in QuickBooks Pro, Premier or Enterprise, or in any of the QuickBooks Online versions, you will need to add all of your business checking and savings accounts. Once you have done that, you should set up bank downloads for each of these accounts, so that all … [Read more...]
Filing System for Managing Followups
I learned this follow-up system from my uncle over 40 years ago and I have been using it ever since. I worked with my uncle in a fast-paced, multi-million dollar business, where good follow-up was essential. Now as I work for myself as a QuickBooks and Quicken trainer, teaching … [Read more...]
Consignment Sales in QuickBooks
One of my clients has started selling some of her products to retail stores on consignment. We tried to come up with a good way to handle these sales in QuickBooks Pro. First we opened the Estimate template by clicking on Lists, Templates. We picked an Estimate template, made a copy, … [Read more...]
Setting up Items in QuickBooks
I recently worked with the organization "More Than Self", a non-profit that provides funding for school materials so that poor children in Guatemala have the supplies they need in order to attend school. More Than Self also supports Guatemalans in obtaining healthy food and safe … [Read more...]
When to use sales receipts instead of invoices in QuickBooks
Last week I worked with Angelo LaMarco, videographer at Digital Edge Video Productions. Angelo filmed and produced numerous videos for the Rock & Rock Hall of Fame. One of the bookkeeping issues we discussed was when to use sales receipts and when to use invoices in QuickBooks. … [Read more...]
Setting up Inventory in QuickBooks
I recently worked with a client, helping her set up inventory control using QuickBooks Pro. My client has a horse and farrier supply business in Chino Valley, north of Prescott, Arizona. The business, Four Shoes Saddles and Tack, offers a full selection of shoes, nails, rasps, … [Read more...]
