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The QuickBooks Blog

QuickBooks Tips, Tricks, and Gotchas -- A QuickBooks trainer and certified ProAdvisor shares stories and advice on how to save time conducting business, manage profitability and cash flow, and make it easier for customers to buy from you.
Latest Posts

Customizing QuickBooks for Real Estate Investors
February 08, 2010, 1:35 PM
Many QuickBooks users don’t know how flexible QuickBooks can be in meeting their needs. I have described below an example how QuickBooks can be set up for a real estate investor.

Purchase Orders Are Not Just for Inventory
February 03, 2010, 6:15 AM
I was talking with an accountant in an office supply business who was used to linking to purchase orders for item receipts into inventory but wasn’t sure how to handle POs for non-inventory items that were drop shipped from suppliers ...

Using Excel to Do Calculations and Create QuickBooks Entries
February 01, 2010, 9:25 AM
When you can’t do it in QuickBooks, move it into Excel to produce the result you want and, then, move it back into QuickBooks. Here’s an example I worked out for a real estate investor and property manager who wanted ...

Netting A/R to A/P – Hard Way vs Easy Way
January 29, 2010, 5:25 PM
This example is about deducting a cleaning bill from a tenant deposit. There is a complicated way and an easy way. Look at both ways and figure out which makes sense for you in your business.

Clearing Payable and Receivable Balances in a Cash-Basis Balance Sheet
January 24, 2010, 6:40 PM
It is not unusual, when you display a cash basis balance sheet, to see balances in accounts payable and accounts receivable.

The Cost of Non-Compliance New VISA/MasterCard Security Mandates
January 20, 2010, 11:10 AM
This post is for anyone that processes payments or has a client that processes payments with Visa, MasterCard, Discover or American Express. It is the contribution of Larry Sachs, who has over 20 years of experience in the field of ...

Intuit Marketplace Product Review: 24/7 Online Wholesale Order Processing
January 15, 2010, 9:00 AM
There is an increasingly stong trend to integrate accounting, marketing, customer service and operations management tools to eliminate redundant databases and database management tasks and to dramatically improve productivity and the quality of on-demand information.

QuickBooks Setup Issue – Balance Forward Customer Credits to be Refunded
January 13, 2010, 5:35 PM
One of the most fun aspects of working with students in the classroom and clients in the field is that they come up with questions or issues that I never considered. It’s kind of like "stump the band". I was ...

Preparing for Tax Time with QuickBooks – Part 4 – Using Memorized Transactions with Payroll
January 11, 2010, 3:20 PM
QuickBooks provides you with great tools to make tax preparation faster and easier. The advantages include fast data entry from receipts or manual records, the ability to quickly identify and correct accounting errors, and the ability to, with the click ...

Preparing for Tax Time with QuickBooks – Part 3 – Doing the first bank reconciliation with prior year activities
January 08, 2010, 11:35 AM
QuickBooks provides you with great tools to make tax preparation faster and easier. The advantages include fast data entry from receipts or manual records, the ability to quickly identify and correct accounting errors, and the ability to, with the click ...



Latest Comments in The QuickBooks Blog posts

Thanks for this post it will really help out those who implement. I know as a real estate investor you have enough to deal with on a day to day basis and sometimes we forget about the important things like the books. I even left a little blurb on my blog about this so others will come and check it out as well. Thanks again!

http://realestateinvestor-sam.com/real-estate-investors-are-bad-book-keepers/ ...
By: Sam Bell on 2/8/10 at 6:46 PM
Customizing QuickBooks for Real Estate Investors
I have found the info useful for my work thanks

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By: Manny on 2/3/10 at 11:19 PM
Purchase Orders Are Not Just for Inventory
Buy Quickbooks 2010 pro on http://quickbooks2010.net/ and save up to 20% ...
By: Michael Jonsen on 1/25/10 at 10:16 AM
QuickBooks 2010 Enhancements - Document Management
Hello,
What if instead of the independent contractor, we had a vendor (who we pay on a monthly corp to corp basis) through which we have hired multiple consultants.

Vendor invoices us for all their consultants. How do you think I should set up the consultants in the online time keeping and also tie them back to the vendor (since we are finally going to write a consolidated check to the vendor instead of each of his consultant).

Any adviise to resolve this will be appreciated very much.

Regards
Anuj ...
By: Anuj on 1/14/10 at 7:44 PM
Tracking and Billing Independent Contactor Time
tell me all steps to set up payroll for new employee
and creat company file discussion not complete
see #3 above ...
By: syed on 12/12/09 at 8:12 PM
QuickBooks: Pro - Setting Up A New Company

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