Software: QuickBooks accounting software Assuming your financial year (fiscal year)  is from Jan to Dec and you paid an insurance premium of $1,200.00 in the month of Aug 2013 for 6 month period from Aug 2013 to Jan 2014. You can use a write cheque function in QuickBooks to record this payment transaction. In the […]

Software: QuickBooks accounting software In the List report, such as General Ledger report, you may see some transactions labelled as -SPLIT- under the Split column. What does “Split” mean? Split means that there are more than one GL accounts associated with the transaction. For example, a cheque transaction for Rent expense account with GST associated […]

Software: QuickBooks accounting software Some User may like to have both Trade Debtors and Other Debtors accounts in the Balance Sheet report rather than having an Accounts Receivable account that capturing both types of debtor account. To manage both Trade and Other Debtors, you can add a new Accounts Receivable type of account and name […]

Software: QuickBooks accounting software You used to have lines and borders around each field in invoice, but now when you try printing an invoice, those lines and borders disappeared.. Before: invoices with lines and borders.   Now: lines and borders disappeared This could be due to previous user had accidentally checked the checkbox for “Do […]

Software: QuickBooks accounting software Regularly you need to maintain your QuickBooks data file. Usually I prefer to do it monthly before I did my bank reconciliation or month-end reporting. This is to ensure my data is in good condition and the accuracy of my report . Especially in the event when there is a power […]

Software: QuickBooks accounting software To schedule a backup, you may select “Only schedule future backups” radio button from the “When do you want to save your backup copy?” page of the backup wizard. Automatic Backup Check the checkbox for “Save backup copy automatically when I close my company file every [ 3 ] times” and […]