Software: QuickBooks accounting software Sales of fixed assets such as computers, machineries, vehicles or properties are common in businesses. Example: if a Fixed Asset cost was $100,000.00 with an Accumulated Depreciation value of $60,000.00 and you sold it at $75,000.00; how should you enter this into QuickBooks? Cost of fixed asset and accumulated depreciation accounts […]

Software: QuickBooks accounting software In multi-user environment, as a QuickBooks Administrator, you always concern of unauthorized editing to your QuickBooks Company file. Especially after your year-end-closing is done or after your long holiday trip, you get frustrated when you found that someone edited your QuickBooks data. When you shouted across your office and asked who […]

Software: QuickBooks 2011/12 (Australian version) When entering Bills from supplier, sometime there will be bills that have a one cent different comparing to the GST amount that was auto-calculated from QuickBooks. This is due to the different methods or rounding when computing GST amount. Some software added up the items amount then multiplies the subtotal […]

Software: QuickBooks accounting software Most user who uses QuickBooks are SOHO or small businesses, which do not have an I.T. team to back them up in setting up QuickBooks for multi-user. To share out your QuickBooks, first you need to create the users name in QuickBooks, so to allow these users to log in to […]

Software: QuickBooks accounting software Those users who use to read the traditional Profit and Loss report tend to have difficulty when come to reading QuickBooks’ Profit and Loss report. Usual questions that they will be asking are: Where is my Opening Stock figure?  Why can’t I see the Closing Stock amount? Traditionally, the layout of […]

Software: QuickBooks accounting software In the Bank register, user often see blank, asterisk or sometime a tick in the column between the Payment and Deposit column. What are those asterisk and tick mean? When transactions were being entered via Deposit, Received Payment, Pay Bill, Write Cheque or Journals that involved Bank account will be consolidated […]