Create Statement of Account from the accounting software is a Mail Merge process. During mail merging, the fixed field such as debtor, address, the amount due, etc. merges into the Statement template…

QuickBooks Previous Reconciliation report come handy when you have forgotten to print after reconcile or there is a discrepancy…

Record a Hire Purchase transaction in QuickBooks accounting software

Software: QuickBooks Desktop accounting software Due to limited fields available in the template design, you may rename the field label to fine tune the QuickBooks accounting software towards your requirement. For example, if you are not using the FOB field but require a Permit Number field in your Sales Invoice, you may rename the field […]

Software: Intuit #QuickBooks Desktop #accounting software Unless you turn it off, if not, Undeposited Fund account will be the default deposited to account when payment received. You may feel that this feature (undeposited fund as a default deposit to account) is redundant if you prefer to record the deposit directly to the bank account instead […]

Software: Intuit #QuickBooks Desktop #accounting software The ledger balance of the bank account as at the last financial year-end closing can be use as the opening balance of the bank account in QuickBooks, or derive the opening balance from the closing balance of the bank statement and record the un-presented cheque and deposit separately. Most […]