Resources

A closing date and password can be set in Company Preferences to restrict user access to prior period data. A best practice would be to set a closing date and password at the end of each fiscal year, at a minimum. Read more...

In addition to the standard reports available in the Report Center, there are also many more reports available under the Contributed tab that were created by Intuit or the user community. You can sort on either those parameters or by rating, popularity, or recently shared reports. Read more...

When setting up certain payroll items, a default rate (dollar or percentage) can be set along with a global limit for all employees. The default rate can be changed when setting up a particular employee, and a different limit can be specified but it cannot be higher than the global limit. Read more...

In order for total expenses from the Profit and Loss by Job report to agree to the standard Profit and Loss report, all expenses must be assigned to a customer:job. Therefore, you should create a job to track overhead type expenses not related a specific customer or job. Read more...

When you void a check using the Delete button in the ribbon (click the arrow for the drop-down menu to see the Void option), the amount is changed to zero as of the original check date. Read more...

In addition to being able to memorize reports once you have customized them, you can memorize most types of transactions for faster repeated use going forward. You can also schedule the transaction to recur automatically or be reminded to enter it manually. Read more...

From QuickBooks® Desktop 2015 Supplemental Guide for Module 3: “You can add up to seven custom fields on a particular Names list, including the Customer, Vendor, and Employee lists. Overlapping fields count as one field on each list. Read more...

From QuickBooks® Desktop 2015 Supplemental Guide for Module 2: “Set up Group Items for clients who often enter the same group of items when recording sales or purchases. Instead of entering each item individually, the client can save time by entering the name of the group and call up the items automatically. Read more...

I recently became a member of the QuickBooks ProAdvisor® Program got certified on the Desktop and Online versions. While completing the trainings, I made note of several tips along the way. I thought it might be helpful to start posting one of them each week. Read more...