Get a Jump Start on Year-End Activities

There’s lots that needs to be done at the end of the year to get your books ready for taxes. Some of you have been practicing good bookkeeping all year long so this list is not so long. Here’s a list of what you can do this month to make January easier on you. Continue reading

Enterprise Solutions V13 – Streamline Your Workflow

Most of this year’s changes deal with inventory features that have been on the wish list for a while, especially if inventory is a huge component of your business. While there is still a need for 3rd party inventory add-ons, these new features are sufficient for many and will definitely make it easier to get work done faster and more efficiently. Some of the new inventory changes are only for those with an active Advanced Inventory subscription. Continue reading

QuickBooks 2013 – Simplified, Optimized, Efficient

If I had to summarize the changes I see in QuickBooks Pro and Premier, I would say the changes are designed to make it easier and faster to get your work done. They gave QuickBooks a new look, but don’t panic. It won’t take you long to see that the Home page is easier to read and you’ll find many more tasks a simple click away instead of having to use a few clicks to get there. So let’s take a look: Continue reading

Using Ratios In QuickBooks To Analyze Business Health

Many businesses just look at their profit & loss statement (aka income statement), but you could be missing out on some helpful information. Have you ever heard of accounting ratios? The first time I even learned of them was when I somehow stumbled on them in the help in QuickBooks (it’s no longer in there). But they explained why I was struggling financially even though I had money in my bank account and my P & L showed a profit. Continue reading

Understanding the QuickBooks Statement of Cash Flows

f you’re like most QuickBooks users, you rely on the Profit & Loss Standard report to monitor how your business is doing. However, you may have noticed that it rarely, if ever coincides with what’s in your bank account (hint: it’s not supposed to). An overlooked, yet valuable report, is the Statement of Cash Flows. The Profit & Loss Standard (P&L), provides only partial insight into the health of your business – what you earned and spent. The Statement of Cash Flows explains your change in cash on hand. Continue reading

How to Back-Up a QuickBooks Company File

If you use QuickBooks to store and manipulate your company’s financial data, it will become crucial that you take steps to protect this data. Given enough time, the most reliable PC will have some sort of hardware malfunction. You should back up your QuickBooks data on a regular basis to protect against such failure. You have an option to do this manually or to schedule an automatic back-up. Continue reading

Changing The Font Size In QuickBooks Reports

QuickBooks users have a great deal of control over the size, type, and color of the information that appears in the various QuickBooks reports (and there are many-many reports). To change the font settings on a particular report, run the report of your choice, then click the “Modify Report” button in the upper left hand corner, then the “Fonts and Numbers” tab: Continue reading