Software: Intuit QuickBooks Desktop accounting software There are four components in the GST setup: Tax account > Tax agent > Tax item > Tax code When setting up the GST in Quickbooks, you have an option of creating a single GST control account in the chart of account list or a group of three current […]

Software: QBO (QuickBooks Online) Singapore Delayed Charge is a non-posting transaction. It is a future revenue (Similar to the Sales Order of the QuickBooks Desktop) which you recorded in QBO, some user may consider that as a sales confirmation. For example, your customer may confirm to purchase a machine from you, but due to delays […]

Software: Intuit QuickBooks accounting software The added on Payroll feature in Intuit QuickBooks accounting software is unavailable to Singapore user. If your payroll is simple, you may consider using the Write Cheque feature, or General Journal to record the payroll in QuickBooks accounting software. However, for those users who has an assistant, who has the […]

Software: Intuit QuickBooks accounting software Contra is to knock off an outstanding Sales Invoice against a Purchase Invoice (Supplier Bill); usually, the customer is also your supplier (sometimes it may be three parties). There is no cash payment, just to knock off the accounts receivable with the accounts payable. For the contra transactions, in addition […]

Software: Intuit QuickBooks accounting software Softcookies (https://softcookies.com) I was told by Sandy Morgan, owner of Almost Anything LLC, that you can use Softcookies to integrate your eCommerce Platform with QuickBooks. I haven’t had a chance to test it out, but if you are looking for an eCommerce integration solution with QuickBooks, you may consider trying […]

Software: Intuit QuickBooks Online, Singapore QuickBooks Online does not permanently “lock” up the transactions, it allows the authorized user to amend the transaction when a genuine mistake was made. To prevent unauthorized modification, QuickBooks Online has a “Closing the Books” protection feature, which administrator can set a closing date and a password, to prevent unauthorized […]