Are you using excel spreadsheets to track your accounting expenses and income? Wondering if an upgrade to an accounting software might be appropriate? If you're thinking about it then it probably is time to do it. Most business owners are proficient at accounting but few have the time to really keep up to date on their cash flow, reports review and analysis. (Related article: More info
Customizing some of the hundreds of reports in QuickBooks is particularly beneficial when want to review and analyze the information on a regular basis. For example, tracking the income and expenses by customer can be very useful. A customized report in QBO by customer allow for easy use and frequent retrieval.
Step 1: Reports Center > Profit and Loss > Customize >...More info
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You just received money back from a vendor, now what? It’s important to differentiate in QuickBooks® Online why you’re receiving the money in the first place. Is it a refund or will it be used to buy something from this vendor again in the future? You received a refund, “how you enter the refund depends on how you record your purchases.” If you...More info