Software: Reckon Accounts (formerly known as Reckon QuickBooks) The GST that has set in the Reckon QuickBooks 2007/08 or earlier version will migrate to the Reckon QuickBooks 2009/10 or latest version. However, if you tried creating a new company file in Reckon Accounts, the default GST items and code have localised to Australia. Unlike 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 […]