Just did a data migration for 5 data files from QuickBooks 2006/07 to 2009/10 Enterprise. One of the data file was 250 MB, it can be consider as quite a big file. At the end of the data file migration; I discovered that there was a $0.12 different in the Balance Sheet between the version […]

Someone tweeted me, "Can QuickBooks' Profit and Loss report show the Income includes the GST taxation?" GST is a liability nature account; it should be in the Balance Sheet report under Other Current Liability account type. If you are not a GST Register Company, you should not charge your customer GST and keep it as an income.  When there is a GST […]

Yesterday, at a construction site, while the construction worker was digging the MRT tunnel; accidentally, they burst an underground water pipe. This caused the entire worker at the site to stop work and activating an emergency plan to stop the water and to reduce the damages to the shops nearby. Collins Cobuild Dictionary: “Emergency: an […]

Few days ago, while I was browsing the Reckon’s FAQ’s, I discovered this useful information and I think QuickBooks user will benefit from it. Under Reckon’s FAQ ID: Q11873, it stated the Limitations in QuickBooks QBi 2008/09 (that is Asia’s version 2009/10). Maximum number of transactions: QuickBooks can handle a maximum of 2 billion transactions. […]

QuickBooks Portable file is a higher compression backup file. The file extension is ended with ‘.QBM’. To restore a QuickBooks Portable file, go to File menu and select ‘Open or Restore Company file’. In the ‘Open Company:Type’ window, select ‘Restore a portable file (.QBM)’ option. Then, click the next button to continue with the restoring […]

From the Report Centre, Employees & Payroll, allow you to print out some Payroll related reports. They are: Payroll Summary Payroll Item Detail Payroll Detail Review Payroll Transactions by Payee Payroll Transaction Detail Payroll Liability Balances Payroll Item Listing Employee Earnings Summary You can consider printing out Payroll Summary report which shows the detail breakdown […]