Yes, you can upgrade your Reckon QuickBooks accounting software, but you may have to get a Reckon Accounts consultant to step by step migrate your company file to the newer version if yours is too far behind.

Retention is money withheld by the customer of a contract (project); protect the customer against incomplete or defective works.

Software: QuickBooks Desktop accounting Credit Note is a document issued from the seller to the buyer for goods returned or credit for overstated in sales value. For QuickBooks Desktop accounting, the Credit Memo (a.k.a. Credit Note) is under the Customers menu (Create Credit Memo/Refund). Credit Memo is using the same sequential number as the Sales […]

Software: QuickBooks Desktop Accounting Software You can record bill or issue invoice in foreign currency once you have set up to use the multiple currencies feature in QuickBooks. A currency has to tag to each name set up in QuickBooks. For example, you tag USD to Customer A if you trade with him in USD […]

QuickBooks, by default, added a Date and Time stamp on the report, this helps to reduce confusion over the validity of data.

The Accounts Payable is part of the Current Liabilities, which is a ‘Control’ accounts capturing all the bills and payments related to Vendors, whereas the Vendor Balance Detail Report is like a sub-ledger, sum up the transactions by each vendor.