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Although it may seem like drudgery, reconciling your bank account is a critical accounting task that you should carry out each month. Doing so helps ensure the integrity of your financial reports, since most of your accounting transactions ultimately affect cash in some fashion.
Further, QuickBooks is a much more powerful tool for your [...]
Posts in category Tools
Bank Reconciliation Tips and Tricks
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Although it may seem like drudgery, reconciling your bank account is a critical accounting task that you should carry out each month. Doing so helps ensure the integrity of your financial reports, since most of your accounting transactions ultimately affect cash in some fashion.
Further, QuickBooks is a much more powerful tool for your [...]
Tips For Cutting Expenses
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It looks like the economy may finally be looking up – maybe. Still, this is no time to loosen the purse strings in terms of your business expenses. Rather, why not re-double your efforts to cut costs and boost your profitability?
Excessive expenses cause debt, which in itself can be very costly. So any money-saving actions you tak [...]
QuickBooks Mobile
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Accounting in the cloud is closer than you might think, and a lot closer than I want. In fact, it’s already here, in some cases. QuickBooks Online, of course, is entirely cloud-based, but it does not yet offer all of the features found in Intuit’s top-of-the-line products, Premier and Enterprise.
So, in the meantime, Intuit [...]
Use QuickBooks’s Protection Tools
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If there’s one application that you don’t want compromised by a security breach, it’s the one that contains all of your financial information. Recognizing that, Intuit has built a number of security features into QuickBooks that are designed to safeguard your debits and credits.
Tip: QuickBooks integrates with Microsoft Internet Explor [...]
Is It Time to Adjust Your Pricing In ...
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Changing the prices of your company’s services and inventory items can solve one of two problems, depending on why you’re looking for a solution. Say your materials suppliers have upped their prices. You may choose to increase your affected products to maintain your profit margin. Or maybe an item or service has not been mov [...]
QuickBooks’ Educational Tools
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When you first cracked your copy of QuickBooks, you likely wanted to dive in and start generating invoices. Fortunately, QuickBooks is so intuitive that you were able to do just that. And its help system is so robust that you were able to get procedural questions answered quickly and easily.
However, there’s a lot to be said for b [...]
Use QuickBooks’s Budgeting Tools
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Having just done this myself I wanted to put this information out from my monthly news letter so everyone can get a look at it. QuickBooks is a very useful tool, with very useful tools.
If you took a break from budgeting and are now ready to get back on track, QuickBooks can help. The software’s budgeting tools are easy to use and [...]
