During my QuickBooks demonstration, a lady asked me, ‘I have a US dollar bank account, I deposited US$10,000.00 into this account when the exchange rate was at 1.42 (Home currency was in Singapore dollar). This month, my exchange rate for US dollar against Singapore dollar was 1:1.38. So, how should I record the ‘realized’ exchange […]

You do a search in Google, Yahoo! or any other popular search engine, you will be able to find people praising about QuickBooks; and of course, there will be people cursing about QuickBooks. So, is QuickBooks the best accounting software for small business? I have been using QuickBooks for more than 10 years. To me, […]

Today, I am going to discuss about my other favourite feature in QuickBooks 2009/10 Asia – Customer Centre. Customer Centre button is one of the five buttons in the Navigation bar. Click on the Customer Centre button, Customer Centre page will be launched. In the Customer Centre, the top portion consists of sub-menu such as: […]

Sometime as a business owner or an Accountant, you are requiring managing more than one company files within a business group. In some cases, the layout of the templates such as Invoice, Credit Note, Statement of Account and Purchase Order form are similar within this group of companies. So to cut down the time spend […]

QuickBooks 2009/10 Asia has been launched for more than 5 months, I believe to some upgrade user who has upgraded from the previous version find the newer version has some great features that previous version doesn't have; of course, there are some minor issue that they may find it 'stupid' comparing to the earlier version […]

In business, supplier do request for an advance payment (or deposit) from you before the actual bill and goods being delivered to you. Since there is no bill received from supplier, how shall we enter this transaction? The easier method is to use a Write Cheque. You can use a Write Cheque function in QuickBooks […]