QuickBooks 2013

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How to Measure Liquidity with QuickBooks 2013

For many smaller businesses, liquidity is important. If you're working with QuickBooks 2013 in a small-business setting, you need to understand the importance of liquidity. You have only a limited number [more…]

Risk and QuickBooks 2013

Risk is an issue even with simple investments like bank CDs. But with capital investments, no government agency is looking out for your interest and picking up the pieces if things do a Humpty Dumpty and [more…]

QuickBooks 2013 Pro and Premier in a Multi-User Environment

QuickBooks Pro and Premier 2013 allow you to set up several passwords for the QuickBooks data file. What’s really neat about this is that you can tell QuickBooks to allow certain users and passwords to [more…]

Online Backups of QuickBooks 2013

The QuickBooks 2013 Save Copy or Backup dialog box shown below, includes an Online option button. If you want to find out more about backing up the QuickBooks company data file online — which means using [more…]

Basics of Backing Up the QuickBooks 2013 Data File

A critically important task that either you or some co-worker needs to complete is to back up the QuickBooks 2013 data file. Quite literally, the QuickBooks data file describes your business’s financial [more…]

How to Condense Your QuickBooks 2013 Data File

The QuickBooks 2013 Condense command creates a permanent copy, called an archival copy, of the QuickBooks data file. An archival copy of the company file amounts to a snapshot of the company file as it [more…]

How to Restore a QuickBooks 2013 Data File

If you find that the working copy of the QuickBooks 2013 data file becomes corrupted or gets destroyed, you need to restore the QuickBooks data file so you can again begin using QuickBooks. Restoring the [more…]

How to Turn on Class Tracking in QuickBooks 2013

To use activity-based costing (ABC) in QuickBooks 2013, you need to turn on the QuickBooks Class Tracking feature. Class Tracking lets you categorize income and expense transactions as falling not just [more…]

Classes for Activity-Based Costing in QuickBooks 2013

After you turn on Class Tracking in QuickBooks 2013, using classes is really straightforward. You set up classes for the product lines or service lines for which you want to measure profitability. You [more…]

How to Set Up a QuickBooks 2013 Job

Many businesses work on projects or jobs. Accounting may work a bit differently when a firm organizes its work into projects or jobs. To set up a QuickBooks 2013 job, choose the Customers→Customer Center [more…]

Track Job or Project Costs in QuickBooks 2013

After you set up a job on the Customer:Job drop-down list in QuickBooks 2013, you track the income and expenses associated with the job. To do this, you enter the customer and job name [more…]

How to Use Job Estimates in QuickBooks 2013

If you’ve told QuickBooks 2013 that you want to create estimates — you might have done this during the QuickBooks setup — you can create job estimates of amounts you later invoice. [more…]

Progress Billing and QuickBooks 2013

Progress billing occurs when you actually invoice, or bill, a customer for a portion of an amount that you’ve previously estimated. For example, take a peek at the QuickBooks 2013 Create Estimates window [more…]

Liquidity Ratios and QuickBooks 2013

Liquidity ratios, one of several types of ratios you can use in QuickBooks 2013, measure how easily and comfortably a firm can pay its immediate financial obligations and exploit immediate short-term [more…]

Debt Ratio in QuickBooks 2013

The debt ratio is one of the leverage ratios you can use in QuickBooks 2013. The debt ratio simply shows the firm’s debt as a percentage of its capital structure. The term [more…]

Debt Equity Ratio in QuickBooks 2013

The debt equity ratio is one of the leverage ratios you can use in QuickBooks 2013. A debt equity ratio compares a firm’s long-term debt with a stockholder’s equity or owner’s equity. Essentially, the [more…]

Times Interest Earned Ratio in QuickBooks 2013

Several leverage ratios can be used in QuickBooks 2013. The times interest earned ratio indicates how easily a firm pays interest expenses incurred on its debt. To calculate the times interest earned ratio [more…]

Fixed-Charges Coverage Ratio in QuickBooks 2013

The fixed-charges coverage ratio is one of several leverage ratios can be used in QuickBooks 2013. The fixed-charges coverage ratio resembles the times interest earned ratio. The fixed-charges coverage [more…]

Inventory Turnover Ratio and QuickBooks 2013

You can use several activity ratios to help manage your assets in QuickBooks 2013. The inventory turnover ratiomeasures how many times in an accounting period the inventory balance sells out. The formula [more…]

Days of Inventory Turnover Ratio and QuickBooks 2013

The days of inventory turnover ratio is one of several activity ratios you can use to help manage your assets in QuickBooks 2013. The days of inventory ratio resembles the inventory turnover financial [more…]

Average Collection Period Ratio and QuickBooks 2013

QuickBooks 2013 and several different activity ratios can help manage your assets. The average collection period ratioshows how long it takes for a firm to collect on its receivables. You can think about [more…]

Asset Turnover Ratios and QuickBooks 2013

Two different activity ratios can help manage your assets in QuickBooks 2013 — the fixed asset turnoverratio and the total assets turnover ratio. The fixed asset turnover ratio quantifies how efficiently [more…]

Gross Margin Percentage Ratio and QuickBooks 2013

The gross margin percentage ratio is one of several profitability ratios you can use along with QuickBooks 2013 to analyze your profitability. Also known as the [more…]

Return on Assets Ratio and QuickBooks 2013

The return on assets ratio is one of several profitability ratios you can use along with QuickBooks 2013 to analyze your profitability. The return on assets [more…]

Profitability Ratios and QuickBooks 2013

Profitability ratios analyze a firm’s profitability, and you can use them in QuickBooks 2013. In a sense, these profitability ratios are the most important ratios that you can calculate. They typically [more…]

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