Wow, 2023 is almost over! Now is the time to get your QuickBooks financial house in order. You want to make this happen before January (or worse, September) next year. NOW is the time!
If you’ve worked on your finances throughout the year, you shouldn't have much to do from the list below. If you've been procrastinating, contact us immediately.
I'd like to know what follows. There are some particular things...
QBO Default Custom Reports
One of many things I do when I begin working with a new QuickBooks Online (QBO) client is to create four custom reports and helpfully format them. I just wanted to share this information with you because chances are you will also find these same reports helpful, and it will begin to teach you a little bit about creating custom reports using QBO.
The reports are:
Profit & Loss (PY) [PY = Prior Year]
Profit & Loss (YTD)...
Accountant View or Business View - Here's My View...
Many users of QuickBooks Online (QBO) do not realize there are two different views of the left hand side Menu that can be utilized in QBO; Accountant view and Business view. By default, the Business view is what appears in QBO. However, I have found the overwhelming majority of clients actually prefer the Accountant view. That’s right, even though most clients are not Accountants, they still prefer the Accountant view. The reason is simple;...
Do's and Don'ts, Tipa & Tricks for QuickBooks Online Bank Reconciliations
In this video, Jim discusses what you should do and should not do when reconciling your QuickBooks Online bank accounts; tips & tricks, if you will. This video will certainly help anyone gain a thorough understanding of QBO Bank and Credit Card Reconciliations.
To watch this very informative YouTube video, simply click the link below:
One of the more key and prominent features you will encounter when using QuickBooks Online (QBO) is called Banking (a.k.a., Bank Feeds). This is one of my favorite features in QBO. However, the proper use of this feature often goes unnoticed or gets misused. For this reason, I recently published a YouTube video on this subject matter. I like to say, "Master QBO Banking, and your life in QBO suddenly gets much easier. Fail to master QBO Banking,...
Top QuickBooks Online Updates
Every so often, QuickBooks releases an update designed to improve the functionality and usability of their product. To help our customers stay on top of the latest QuickBooks-related news, what follows is a recap of the most recent QuickBooks update and an overview of how these new features can help you and your business.
Custom Reminders have been added to QuickBooks Online Advanced Workflows
Previously, workflows only allowed users to create...
QBO Keyboard Shortcuts
This posting is short and sweet. There are two (2) links below; One for PC users and one for Mac users. These links allow you to download a PDF of keyboard shortcuts that you can use for QuickBooks Online to make you more efficient in your daily QBO endeavors. Challenge yourself to just pick one or two each day (or week) and apply them.Download them, use them and after a short while, you will remember them and find yourself getting things done...
What's New in QuickBooks 2018...
On September 26, 2017 Intuit, the developers of QuickBooks accounting software, will release QuickBooks 2018 (Pro, Premier, Accountant & Enterprise) to the public. In the video link below, I (Jim Merritt) discuss some of the new features that caught my attention.
I did not include all the new features of QuickBooks 2018. Rather, I chose to focus on those new features I felt would be most useful to the masses. These new features include Merge...
QuickBooks Online Bank Feeds
At QuickTrainer, we have witnessed and continue to experience an increase in the number of clients who come to us for help that are using QuickBooks Online (QBO) and who want to use QBO. This is encouraging because I personally like QBO, as a whole. Now, that said, this article is not about the pros and cons of QBO -vs- QuickBooks for Desktop. I could make a case for each of these software versions. Rather, this article is primarily about one specific...
QuickBooks Year-End Guide
As I write this blog, it is November 2015 and we are in the middle of the 4th quarter of 2015 (at least for the majority of businesses we deal with). With this in mind, now is the time to get your QuickBooks financial house in order. You do NOT want to wait until January (or worse September) of next year to make this happen. NOW is the time!
If you’ve been tracking your financials throughout the year (like all good business owners should...
