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You are here: Home / Archives for QuickBooks

QuickBooks

August 7, 2014 By Drew

QuickBooks for Windows shortcuts

QuickBooks logoCarlton Collins, CPA has a nice chart of shortcuts available in the Windows Desktop version of QuickBooks. Some of them are standard Windows shortcuts, for example Ctrl + C copies the selected characters in most Windows programs.

If you use QuickBooks regularly, these are real time savers.

Filed Under: QuickBooks

July 2, 2014 By

QuickBooks reconciling the right way

Reconciling an account
image courtesy of SeniorLiving.Org

One of the most common QuickBooks’ misunderstandings is the difference between downloading credit card or bank account transactions and reconciling. Downloading the transactions is only one step in the process. If you enter your bank transactions into QuickBooks as you make them, downloading may not even be a step you need in the reconciliation process.

QuickBooks is designed by humans and operated by humans which introduces the possibility of human error. Sometimes items are downloaded twice, sometimes the download duplicates a manual entry, and sometimes the download misses a transaction. The reconciliation process is designed to catch these types of issues.

In QuickBooks for Windows the two most common ways to start the reconciliation process are:

  1. Click the reconcile button in the Banking section on the QuickBooks’ home page (in the software not on the internet).
    reconcile or
  2. Click “Banking” in the menu bar and then select “Reconcile.”

Enter the date of your most recent bank statement and the bank balance and then click “Continue.” If you do not know what to do on the next screen, please check online help or look at the reconciliation instructions from your bank. The process is similar in QuickBooks.

Filed Under: Business, QuickBooks

January 9, 2014 By Drew

Forbes article on the future of QuickBooks

The article is entitled – “​Why Your Company May Dump QuickBooks This Year“. The main gist is that small and medium-sized businesses will begin moving their accounting to the cloud over the next few years. The switch will be the perfect time for businesses to switch to another vendor as they will have to go through a transition regardless of whether they choose QuickBooks Online or a competitor.

Filed Under: QuickBooks

December 17, 2013 By

QuickBooks 2014 Certification!

Drew completed the ​QuickBooks 2014 certification today. See the prior post for more details or his Find-a-Pro-Advisor page.

Certified QuickBooks ProAdvisor logo

Filed Under: Business, QuickBooks

December 16, 2013 By

QuickBooks 2013 Certification!

Drew completed the QuickBooks 2013 certification today. You can see all his certifications at the Find-a-Pro​-Advisor website. Intuit describes the certification as follows: “Certified QuickBooks ProAdvisors are experts who have been tested and certified by Intuit on a range of QuickBooks products.”

Filed Under: Business, QuickBooks

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Edmundson CPA, PLLC

102 Commonwealth Court
Suite J,
Cary, NC 27511-4437
Phone: (919) 460-9966
Fax: (919) 380-0010
Email: info@nccpa.com

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Edmundson CPA, PLLC

102 Commonwealth Court
Suite J,
Cary, NC 27511-4437
Phone: (919) 460-9966
Email: info@nccpa.com

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