‘I did select a class when I recorded an Enter Bills transaction in QuickBooks, but why can’t I filter Acocunts Payable Ageing Detail report by Class?’ Before you look at Class feature, first we have to understand the type of accounts available in QuickBooks Chart of Accounts list. In the Chart of Accounts list, it […]

I went for a QuickBooks service; this user asked me why the amount for one of the account in his current Profit and Loss report was different from the report he printed in early November 2009? On 04 November 2009, he printed a Profit and Loss report for the period from 01 January 2009 to […]

During my QuickBooks demonstration, a lady asked me, ‘I have a US dollar bank account, I deposited US$10,000.00 into this account when the exchange rate was at 1.42 (Home currency was in Singapore dollar). This month, my exchange rate for US dollar against Singapore dollar was 1:1.38. So, how should I record the ‘realized’ exchange […]

You do a search in Google, Yahoo! or any other popular search engine, you will be able to find people praising about QuickBooks; and of course, there will be people cursing about QuickBooks. So, is QuickBooks the best accounting software for small business? I have been using QuickBooks for more than 10 years. To me, […]

I have this interesting case that I would like to share. I received this support email stated as below: “… The first time when I entered this item was with no description. Due to without description, I have amended the item description in item list. The Description column of those past invoices with this item […]

Today, I am going to discuss about my other favourite feature in QuickBooks 2009/10 Asia – Customer Centre. Customer Centre button is one of the five buttons in the Navigation bar. Click on the Customer Centre button, Customer Centre page will be launched. In the Customer Centre, the top portion consists of sub-menu such as: […]