Software: Reckon Accounts 2015 (formerly known as Reckon QuickBooks) Reckon introduces a new customizable template, Remittance Advice, in Reckon Accounts 2015 (formerly known as Reckon Quickbooks). Users who were formerly used QuickBooks Asia version (aka QuickBooks Singapore) had used the Remittance Advice form as a Payment Voucher. In the earlier version, the Remittance Advice template […]

Software: Intuit QuickBooks accounting software The “Find” function (Edit menu | Find) is one of the methods you may consider to use for searching transactions you recorded in QuickBooks. “Simple” find allows user to find Invoice, Estimate, Sales Receipt, Credit Memo, Bill, Cheque, Credit Card, Purchase Order, Sales order, and Journal transaction. For example, you need a list of journals, which was dated last month, […]

Software: Intuit QuickBooks 2015 accounting software To find the related transaction(s) of a record you can use the Transaction History function under the Reports tab of the transaction window. Example: You like to find out which invoice(s) has been offset by a credit memo. First, you open up the credit memo in question, go to the Report […]

Software: Intuit QuickBooks accounting software If you are adjusting the home currency value of a foreign currency account, you need to check the “Home Currency Adjustment” checkbox in the General Journal transaction. Home currency amount will be recorded in the General Journal instead of a foreign currency value. Assuming you have a USD bank account (foreign currency) of US$81,055.00 at […]

Software: Intuit QuickBooks accounting software The Tax Detail Report in the Intuit QuickBooks accounting software consist of four parts; they are the Sales, Purchase, Tax on Sales, and Tax on Purchases. The default Tax Detail report is inclusive of the non-taxable journal transaction (such as depreciation and payroll) in the purchases section of the report, […]

Software: Intuit QuickBooks accounting software In our earlier post, QuickBooks | Unpresented Cheque, we discussed whether to record the “GL balance” or the “actual bank balance” as the opening balance of the bank account in the QuickBooks accounting software. There are many methods to record the opening balance of the bank account in Quickbooks. When creating […]