Tag Archives: QuickBooks

Depositing a Vendor Refund in QuickBooks

On occasion, you might receive a refund from your vendor whom you previously paid. To add a vendor refund check to your bank deposit, follow these steps: 1. Create your deposit (normally done with customer invoice payments) as usual. 2. … Continue reading

QuickBooks Statement Writer

Although QuickBooks Statement Writer was formerly known as Intuit Statement Writer. QuickBooks Statement Writer is included with your purchase of QuickBooks Accountant 2012 and 2013 and with all editions of QuickBooks Enterprise Solutions 12.0 and 13.0. QuickBooks Statement Writer (QSW) … Continue reading

Integrated Help Feature in QuickBooks 2012

Have you found yourself searching for help or separately going to the Community Forums to find answers to your QuickBooks questions? Now, with the Integrated Help (shown below) you can search your company file or product Help. Help content includes … Continue reading

How to Simplify Your Cost of Goods Sold Accounts in QuickBooks

When you are creating your Cost of Goods Sold accounts, consider using summary accounts, such as material, labor, and subcontract, and letting your Item List track more detail. For example, if you are a construction company and you have expenses … Continue reading

How to Group Overhead Expenses into Fixed or Variable Categories in QuickBooks

An expense is recorded when an asset is used or there is an outflow of cash. The expense accounts were created during the Express Start or Advanced Setup and provide you with the basic classifications needed for properly tracking your … Continue reading

How to Use the Open Windows List in QuickBooks

Are you ready for another personal preference for navigating in QuickBooks? Try the Open Window List. With computer monitors getting larger and larger, you will most likely have plenty of room to use it with your QuickBooks file, see image … Continue reading

How to Create a New QuickBooks File

If you are new to QuickBooks the first task is to create a data file. Click on Create a new company from the No Company Open window. The QuickBooks Setup dialog displays with the following options: Express Start – Creating … Continue reading

How to Open a Sample File with Sample Data in QuickBooks

You can open one of the sample data files installed automatically with your QuickBooks software and begin trying out what you are shown in QuickBooks 2012 In Depth. With this data you can test creating transactions, review how lists are … Continue reading

Purpose of Accounts vs. Items in QuickBooks

When you are creating your Cost of Goods Sold accounts, consider using summary accounts, such as material, labor, and subcontract, and letting your Item List track more detail. For example, if you are a construction company and you have expenses … Continue reading

How to Change Your Fiscal Year in QuickBooks

You can easily change your Fiscal Year setting in QuickBooks by choosing Company, Company Information. Changing this month does not affect individual transactions, but does ensure that the reports that filter for fiscal year-to-date transactions are correct. From Laura Madeira’s … Continue reading