QuickBooks 2014

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How to Record Register Transactions in QuickBooks

You can use the Register window in QuickBooks to record your banking transactions. The Register window looks like the regular paper register that you use to keep track of transactions or a bank account [more…]

The QuickBooks Edit Menu Commands

When you’re working with a register in QuickBooks, the Edit menu provides several other useful commands for entering new transactions, editing existing transactions, and reusing transaction information [more…]

How to Reconcile Banking Accounts in QuickBooks

You can reconcile a bank account with surprising speed in QuickBooks. If you want, you can print a little report that summarizes your reconciliation after you click the Reconcile Now button. [more…]

When Your QuickBooks Account Won’t Balance

If your QuickBooks account won’t reconcile, the problem stems from one of several conditions. None of the conditions is hard to describe, but all of them can be pretty hard to fix. Here’s a quick overview [more…]

Miscellaneous Banking Commands in QuickBooks

You may not need to use all of the commands provided on the QuickBooks Banking menu. Nevertheless, the following list describes these less-than-popular commands just in case you need them. [more…]

How to Set Up Basic Payroll in QuickBooks

To set up do-it-yourself payroll in QuickBooks, you step through a web-based interview. To start this interview, choose the Employees→Payroll→Turn On Payroll command in QuickBooks. QuickBooks displays [more…]

How to Set Up Employees in QuickBooks Enhanced Payroll Process

After you set up your company information for payroll in QuickBooks, you’re ready to set up employees for payroll. As part of the Enhanced Payroll setup process, QuickBooks displays a web page where you [more…]

Paying Employees with QuickBooks

After you go through the steps required to set up the QuickBooks payroll processing capability, paying employees — thank goodness — is pretty easy. To pay employees, follow these steps: [more…]

Editing and Voiding Paychecks in QuickBooks

Be careful when you want to change payroll check information in QuickBooks. Payroll checks are a little trickier than regular checks because the information from the payroll checks affects a bunch of payroll [more…]

Top-Line Budgeting and QuickBooks

Before you can create and use a budget in QuickBooks, you need to understand something about budgeting. A top-line budget is the simplest budget technique available. A top-line budget takes last year’s [more…]

Zero-Based Budgeting and QuickBooks

Creating and using a budget in QuickBooks requires some basic knowledge of budgeting techniques. A zero-based budget works from the bottom up. A zero-based budget starts with individual revenue, expense [more…]

Benchmarking and QuickBooks

QuickBooks is a powerful program, but creating and using a budget requires some basic knowledge of budgeting techniques. One very powerful but unfortunately infrequently used budgeting technique is benchmarking [more…]

How to Create a New Budget in QuickBooks

After you’ve come up with a budget by employing some budgeting tactics, you record your budget in QuickBooks. To create a new budget in QuickBooks, follow these steps: [more…]

How to Work with an Existing Budget in QuickBooks

In large companies with hundreds or thousands of employees, two or three people spend much of or even all of their year working with the budgeted data. To edit an existing budget in QuickBooks, follow [more…]

How to Use QuickBooks to Manage with a Budget

After you record your budget in QuickBooks, you can compare your actual financial results with budgeted amounts by choosing commands from the Budgets & Forecasts submenu that QuickBooks displays. When [more…]

The Downside of Using the Profit-Volume-Cost Model with QuickBooks

Like any abstract explanation of reality, the profit-volume-cost model isn’t perfect and there is a downside to using this model with QuickBooks. If you want to get nitpicky — and you should for a moment [more…]

QuickBooks and Financial Statements and Ratios

Before you get into the nitty-gritty details of creating a business forecast, you need to understand what financial statements and ratios are, and how to use financial statements and ratios to describe [more…]

QuickBooks and White Paper Business Plans

If you have QuickBooks Premier or QuickBooks Enterprise Solutions, you can choose the Company→Planning & Budgeting→Use Business Plan Tool command to start a wizard that steps you through the process of [more…]

How to Add Users in QuickBooks Enterprise Solutions

If more than one person will be using QuickBooks, you want to set up additional users. To add users in QuickBooks Enterprise Solutions, follow these steps: [more…]

How to Change User Rights in QuickBooks Enterprise Solutions

You can modify the rights that you assign to a user in QuickBooks. To do this in QuickBooks Enterprise Solutions, choose the Company→Users→Set Up Users and Roles command to display the Users and Roles [more…]

How to Change User Rights in QuickBooks Premier

You can modify the rights that you assign to a user in QuickBooks Premier. To do this, choose Company→Set Up Users and Passwords→Set Up Users to display the User List dialog box. [more…]

How to Use Audit Trails in QuickBooks

If you decide to allow multiple users access to the QuickBooks data file, you’ll appreciate the QuickBooks Audit Trail feature, which keeps a record of who makes what changes to the QuickBooks data file [more…]

How to Maintain Good Accounting Controls with QuickBooks

QuickBooks allows multiple users. Many businesses, after they grow to a certain size, need to support multiple users with access to accounting information and the capability, in some cases, to create accounting [more…]

What Happens When You Condense the QuickBooks Company File

The QuickBooks file condense process does two things: The QuickBooks Condense command creates a permanent copy of the QuickBooks data file (called an archival copy of the file); the file condense process [more…]

Cleanup and Archiving Strategies for QuickBooks

Deciding when and how you want to clean up or archive your QuickBooks company file is mostly a matter of common sense. Your first consideration should be whether you need to condense the company file at [more…]

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