AccuraBooks Merging Vendor Profiles
Here is a video explaining how to merge vendor profiles in QuickBooks Online:
Read MoreHow to Merge Customer or Vendor Profiles in QuickBooks
Sometimes, over a period of months or years, you may have inadvertently created similar looking vendor names or customer names in your QuickBooks company file. You may then decide, for various reasons, that you really need to begin merging some of these named profiles together. Before you being this activity, here are some important things
Read MoreHow to Post Batch Deposits in QuickBooks
Posting two or more merchant settlement or customer check payments in a single batch deposit in QuickBooks requires the usage of the special Undeposited Funds current asset account/function in QuickBooks. To Begin: 1. Apply any and all full gross receipts/payments to open customer invoices like you normally would: a. However, here you are going to
Read MoreHow To Apply Customer Payments in Quickbooks Desktop
This article deals only with the customer payment application process in Quickbooks DESKTOP and NOT the corresponding bank deposit process, which is covered in another article from AccuraBooks. To apply customer payments in Quickbooks Desktop: 1. Click on the Customers drop-down menu and choose Receive Payments 2. Click on the Received From drop-down menu and
Read MorePosting Payroll Amounts into QuickBooks
Posting an outsourced payroll bookkeeping entry into QuickBooks can be a challenge ranging from real easy to confusing. For my client, Natalie, I have decided to collect an actual full detailed payroll report and also a payroll cash-needs report from her outsourced payroll provider after each and every payroll run, to enter this information (and
Read MoreBookkeeping for Investments in QuickBooks
My client Donna wants all of her paper investments, such as certificates of deposits, mutual funds and IRA’s, tracked in her QuickBooks financial software. Normally people use more specialized personal bookkeeping software, such as Quicken, to track all of their investment activities, simply because Quicken can normally be tapped in to automatically update your investment
Read MoreProperly Using the Class Function in QuickBooks
My client Susan wanted me to re-design her entire company’s chart of accounts, specifically in the Profit & Loss income and expenses areas, including the Cost of Goods Sold type of accounts. Susan also wanted “Departments” created as well in the expense areas of the chart of accounts; in other words, her company was dividing
Read MoreHow to Set Up an Employer Contributions Health Insurance Payroll Item in Quickbooks Desktop
Open Quickbooks desktop and click on the Lists menu and select Payroll Item List. Note: If payroll is not turned on in your Quickbooks file, then you will not see the Payroll Item List selection. You will need to create a new payroll item for the employer contribution portion of an employee’s health insurance plan,
Read MoreSample Report from QuickBooks: Profit & Loss
Keeping abreast of the financial position of your company is a must for any small business owner. One of the most crucial reports for you to review on a regular basis is the Profit & Loss Report. In QuickBooks, you will find this report by clicking on Reports>Company and Financial>Profit & Loss (Standard or Detail).
Read MoreSample Report from QuickBooks: Unpaid Bills Detail
The Unpaid Bills Detail report can be created by clicking on Reports>Vendors and Payables>Unpaid Bills Detail. This report is an excellent means of viewing what your company owes to each of its vendors at any point in time. There are a few noteworthy items in this report: The report defaults to show bills dated today
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