QuickBooks | The walking ATM

Software: Intuit QuickBooks accounting software You may give your purchaser a sum of money to go overseas to source for new products, make payment and arrange shipment back to your country. Your purchaser is like a “walking” ATM (Automated Teller Machine), help making payment as and when required. You may create this “Purchaser” as a […]

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QuickBooks | Changing the admin password

Software: Intuit QuickBooks accounting software If you didn’t set a password during the setup of the QuickBooks company file, you may do so from the Company menu | Set Up Users and Passwords | Change your password. Enter the password in the “New Password” field and re-enter once more at the “Confirm New Password” field. […]

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QuickBooks | Unpresented Cheque

Software: Intuit QuickBooks accounting software The unpresented Cheques are the cheque issued by you but have not yet appeared in the bank statement as of the crossover date. When recording the opening balance of the bank account as of the crossover date; you may record the bank statement opening balance and the unpresented cheque separately […]

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QuickBooks | Customize Report

Software: QuickBooks accounting software Although, you can’t change the “look and feel” of the QuickBooks report drastically, you can still do some “fine tuning” by adding some fields (subject to the limitation set within the report) or set a filter to the report. Launch your QuickBooks report and click on the “Customize Report” button to […]

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QuickBooks | Opening Balance – The Stock

Software: Intuit QuickBooks accounting software Entering the stock on hand quantity and value is one of the essential tasks to do when you crossover from the existing accounting software to QuickBooks accounting software. You have to ensure the quantity and value is tally with your stocktaking as of the crossover date. One of the method […]

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QuickBooks | Opening Balance – The outstanding supplier bills

Software: Intuit QuickBooks accounting software Instead of entering the outstanding supplier bills as a lump sum in the Opening Balance field of the supplier profile, you may record the bills separately. For example, you owe supplier “Permanent Temp Service” 3 bills with a total of $15,000.00 as of your crossover date (usually is the closing […]

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