Stock Costing Method

Software: QuickBooks accounting software QuickBooks Desktop software is using the average costing method for stock. How it works? Assuming you have 10 units of item A at $10 each. Then, you purchased 10 more units of item A at $8 each. Now, the cost per unit is at $9. 10 units at $10 = $100 […]

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Equipment Rental

Software: QuickBooks accounting software In Equipment Rental business, the equipment that you purchased are your assets, which you need to track the depreciation of it useful year. Besides, you need to keep track of the ins and outs of the equipment so to have a good feel of the stock availability. If you are using […]

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Installing QBi on a Windows Server and Terminal Server – 2003 & 2008

Software: Reckon QuickBooks accounting software Found this FAQ ID 4494 on Reckon web site about installing QuickBooks on a Microsoft Terminal Server. Full instruction on installing QuickBooks on Microsoft Terminal Server.

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Do not print lines around each field

Software: QuickBooks accounting software When printing an invoice, the lines around each field wasn’t printed out, how to bring back all the missing lines? This isn’t a bug or error in your data file. When printing invoices, user may have accidentally checked the check-box for “Do not print lines around each field”. By checking this […]

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You must assign an account for this transaction

Lately, I have a few customers having the same error with QuickBooks (Version 2004, 2005/06 and 2007/08). When they try to enter an invoice or bill, QuickBooks prompted an error message ‘You must assign an account for this transaction’. I have checked both Chart of Accounts and Item list; it does not seem to have […]

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Beware of unauthorized QuickBooks reseller

Recently, I heard there is a company going around claiming to be QuickBooks reseller, selling QuickBooks software at exorbitance prices. So beware!  If in doubt, you may contact QuickBooks distributor QCOM Group Pte Ltd at 6254-2322 or simply drop me a note.

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