This user of mine was formerly using UBS accounting software. She just switched over to QuickBooks. She asked me how to start a new period in QuickBooks. In QuickBooks there is no "period". Unlike some accounting software that you have to do batch posting for your transactions, opening new period for your entries, set document […]

Once your account or name list such as customer or supplier name had a transaction, you will not be able to enter the opening balances from the account or any name list profile window. The only way to enter the opening balance is via a Make General Journal Entries or a transaction such as Invoice […]

During my demo, prospect likes to ask me, whether they can use QuickBooks to create quotation.  Of course, you can. You can make use of the QuickBooks Estimate feature to create your daily quotations. QuickBooks Estimate is a non-posting account. The estimates that you created will not be posted into your accounts. Those estimates do […]

One of my customers was asking me whether she can create a discount to a customer without associate it to a GST code of 7% GST. This is an accounting question, as an accountant you should know the answer. If not, best person to ask is IRAS, not me. Here, I will just simply highlight […]

I did a QuickBooks data file repair last week. The error on that data file was "Duplicate Element". Usually, duplicate element error will appeared during verify data process. When error occurred, QuickBooks program will be aborted by itself. Duplicate element error was due to duplicated names in the list item. It could be in your Customer:job […]

I did a QuickBooks consultation for a customer. They were using ACCPAC DOS version accounting software, looking forward to downgrade to QuickBooks. They didn't intend to continue using ACCPAC accounting software as they felt that their accounts was not so sophisticated that require ACCPAC accounting solution. Besides, the budget for new accounting software was another consideration. Are you […]