Credit Note from Supplier

Software: QuickBooks accounting software When you received a Credit Note from supplier, you can use Enter Bill feature in QuickBooks to record this transaction. From Enter Bill window, select “Credit” radio button which at the top left hand corner of your Bill; QuickBooks will transform this bill into credit, you need not record it as […]

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2011 or 2011/12

Software: QuickBooks accounting software “Hey! I bought a new QuickBooks from a retail store, when I tried to restore my backup file from my previous version of QuickBooks and I got an error message. Why?” Intuit introduced QuickBooks 2011 (Canadian version) early this year in Singapore.  For new user, this is the only desktop version […]

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Can you give me the Sales by Rep report for this quarter?

    “Jane, can you give me the Sales by Rep report for this quarter?”     “Sure. But Boss, can you give me few days to prepare?”     “Why you need few days? I need it later for the Sales Meeting.”     “Sorry, I can’t. I need to sort them out and prepare it in a Spreadsheet.”      Do you […]

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QuickBooks crashed upon launching

These few weeks, I had support calls on QuickBooks crashed when user trying to launch QuickBooks program. Most of these users were using QuickBooks 2007/08 Asia version. This is due to the security setting in Microsoft Window Internet Explorer (IE) was too high. To resolve this, simply go to your Internet Explorer program, select Tools […]

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If I made a mistake in the Exchange Rate, can I edit it in my transaction?

When you create transaction, such as invoices or bills, you should follow your monthly house rate. Monthly, Accountant has to set the Exchange rate in QuickBooks, so the rest of the users can use the same rate for all the transactions.  Hence, when you wrongly used an exchange rate for a transaction, you should consider […]

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Account is not in Account List

[I use account code for my accounts in the Chart of Accounts list. While creating an item in the item list, I try to select the account in the associated account field but it prompts me, either "account is not in Account list" or "account cannot be added. QuickBooks cannot add more than one level […]

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