How can I turn on the multi-currency feature in QuickBooks?

I had a client told me that she just bought a QuickBooks Pro 2009/10 (Asia) edition. The retail box stated it has multi-currency feature, but when she created a new QuickBooks company file, the new QuickBooks Company file does not have the multi-currency feature. What could have gone wrong? QuickBooks’ Easy-Step Interview does have a […]

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How can I make QuickBooks work harder for me?

I had a client who is in a Childcare business; monthly, he has to create hundreds of invoice to his client for the monthly childcare fee of their child who stays in his centre. The recording of the monthly invoices have taken up too much of his time and often mistake can be make. How […]

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Document Date vs. Posting Date

When entering a transaction such as bill, shall we follow the document date or the posting date? In some accounting software, it does provide a document date (date stated in the bill) and a posting date (the date when you post the transaction into the account). However, in QuickBooks, there is only one date field […]

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Unique Entity Number (UEN)

Information from IRAS web site (http://www.iras.gov.sg/irasHome/page.aspx?id=7854): From 1 Jan 2009, all entities that are registered in Singapore, such as businesses, local companies, limited liability partnerships (LLPs), societies, representative offices, healthcare institutions and trade unions, will have a Unique Entity Number (UEN) as its identification number. UEN shall be for registered entities as NRIC is for […]

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How can I change the Financial Year of my QuickBooks Company File?

This week I have two customers asking me about how they can change the Financial Year of their QuickBooks Company File. If you made a mistake in the Financial Year during the creation of your QuickBooks Company File, you can edit this Financial Year information by going into the Company menu, Company Information, and edit […]

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Do I need to upgrade my QuickBooks?

Last Saturday, my BlackBerry prompted me to install a newer version of OS (Operating Systems), version 5. I followed the instruction and starts doing my upgrading. After the upgrade, I started ‘playing’ around with the new version 5; I discovered that the newer OS does not have the ‘Keypad Lock’ function. I am not sure […]

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