QuickBooks tips by Bookkeeper Craig.
What version to buy if you want QuickBooks.
Online- I would not suggest it. Too many reasons to detail here.
Simple Start- Good for a Hobby Business but has sever limitations for a real business.
Pro- The majority of businesses would find this version the correct choice.
Premier Edition- If you are a contractor, manufacturer, or accountant I would recommend this version. The accountant version has the ability to toggle and use any of the premier versions.
Enterprise- If your business needs huge amounts of vendor and customer files. It has 100,000 limit vs. 14,000 of the others. It also has the ability to allow up to 20 users on the system at one time. Cost is approximately tens times that of the other versions.
Any questions call me 407-312-9434.
Tuesday, February 24, 2009
Craig will leading a nature walk while battling invaders on March 1. There will be an invasive plant raid at the Flaggler Trail Head from 8 am to 12 noon. Bags will be provided. The nature walk will view 3 eagles nest and one has a newborn young'un. Please join us if you wish to improve the environment and possilbly see eagles in the wild. Check out the website at www.KeepSeminoleBeautiful.org or call Craig at 407-312-9434.
Sunday, February 15, 2009
QuickBooks tips by Bookkeeper Craig
One of the basic things is to understand what is a credit and debit. I ask you, "when you put money in your checking account, is it a credit or debit?".
The answer is a debit. Surprised? The bank statement shows it as a credit. Why? When you deposit funds in your checking account, it is a liability for the bank because they owe you that money. So the bank puts it under the credit side. From your side it is a debit.
Debit increases and Credit decreases assets.
Credit increased and Debit decreases liabilities, equity, income, and expenses.
Keep this in mind when you do general entries in you accounting system.
Current Books 4 U Bookkeeping Services
Thanks for your interest.
One of the basic things is to understand what is a credit and debit. I ask you, "when you put money in your checking account, is it a credit or debit?".
The answer is a debit. Surprised? The bank statement shows it as a credit. Why? When you deposit funds in your checking account, it is a liability for the bank because they owe you that money. So the bank puts it under the credit side. From your side it is a debit.
Debit increases and Credit decreases assets.
Credit increased and Debit decreases liabilities, equity, income, and expenses.
Keep this in mind when you do general entries in you accounting system.
Current Books 4 U Bookkeeping Services
Thanks for your interest.
Monday, February 9, 2009
QuickBooks tip
Save time with one click. Without this feature turned on, you have to open and close each window to use the next or minimize all the windows to click back and forth.
The easy way is to checkmark the open window under the view dropdown menu. What does it do for you, you ask?
The open window feature creates a list of open screens to the left of the screen. One click allows you to jump to the screen you want. For example, you are inputting invoices and have received payments on some of them, open both screens and post the payment after inputting your invoice. This sounds small but over time it saves hours.
Bookkeeper Craig.
Save time with one click. Without this feature turned on, you have to open and close each window to use the next or minimize all the windows to click back and forth.
The easy way is to checkmark the open window under the view dropdown menu. What does it do for you, you ask?
The open window feature creates a list of open screens to the left of the screen. One click allows you to jump to the screen you want. For example, you are inputting invoices and have received payments on some of them, open both screens and post the payment after inputting your invoice. This sounds small but over time it saves hours.
Bookkeeper Craig.
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