Software: QuickBooks accounting software QuickBooks Desktop software is using the average costing method for stock. How it works? Assuming you have 10 units of item A at $10 each. Then, you purchased 10 more units of item A at $8 each. Now, the cost per unit is at $9. 10 units at $10 = $100 […]

Software: Intuit QuickBooks 2013 accounting software Currency adjustment feature is one of the differences between QuickBooks Pro and QuickBooks Premier 2013. QuickBooks Premier allows user to pass a currency adjustment journal automatically via a Home Currency Adjustment Wizard (From the Company menu select Manage Currency and follow by Home Currency Adjustment). The Home Currency Adjustment […]

Software: QuickBooks Canadian 2012 The error code C=224 occurs intermittently when opening a company file, running reports, backing up, verifying, or rebuilding a company file. Although, C=224 error is non-fatal, it is irritating. Here is a workaround solution from Intuit Canada: http://support.intuit.ca/quickbooks/en-ca/iq/Update-QuickBooks/Error-C-224-in-Company-file/SLN40033.html  

Software: QuickBooks accounting software In Equipment Rental business, the equipment that you purchased are your assets, which you need to track the depreciation of it useful year. Besides, you need to keep track of the ins and outs of the equipment so to have a good feel of the stock availability. If you are using […]

Software: QuickBooks accounting software I did enter a credit note from my supplier but I couldn’t find it in my Pay Bill window. Where is my Credit Note that I had entered? How to knock off my credit note against my bill? How? From the Pay Bill window, select your bill that you wanted to […]

Software: QuickBooks 2012 Premier (Canadian version) One of the reasons why you should consider QuickBooks Premier instead of QuickBooks Pro is that QuickBooks Premier allows you to print Balance Sheet report by Class (if Classification feature is part of the reasons why you buy QuickBooks). “Class” is a powerful feature in QuickBooks. Usually, we use […]