During my QuickBooks demonstration, prospects usually will ask me what's the different between QuickBooks Asia (Singapore) version and the rest of versions that they saw on the web. Base on my understanding: QuickBooks originally owned by Intuit (www.intuit.com). Intuit developed QuickBooks US, QuickBooks UK and QuickBooks Canadian version (The retail box is Green in colour). […]

When customer makes payment to you via Bank TT, the Bank deducted a TT Charges from the payment. Thus, the physical amount received will be lesser than the invoiced amount. How to record this TT Charges (Bank Service Charge expense account) into QuickBooks? There are a few methods of recording this TT Charges. Example:  You […]

Just did a data migration for 5 data files from QuickBooks 2006/07 to 2009/10 Enterprise. One of the data file was 250 MB, it can be consider as quite a big file. At the end of the data file migration; I discovered that there was a $0.12 different in the Balance Sheet between the version […]

Someone tweeted me, "Can QuickBooks' Profit and Loss report show the Income includes the GST taxation?" GST is a liability nature account; it should be in the Balance Sheet report under Other Current Liability account type. If you are not a GST Register Company, you should not charge your customer GST and keep it as an income.  When there is a GST […]

'The problem that I’m facing was when 1 of my 3 users is working on invoicing, the other 2 users will feel slow when accessing the QuickBooks company file. What could be the issue?', One of my client asked. In Quickbooks 2007/08 or earlier version, when the QuickBooks data file is more than 150 MB […]

This user was using QuickBooks 2003 with QuickPOS (currently renamed to QuickBooks Retail Point-of-Sales); when she tried to do a POSTING from QuickPOS into QuickBooks, she had an error of C=15. From Reckon’s knowledge base, FAQ ID: Q1468, it stated that: “This only happens when you have a password on your QuickBooks data file. To […]