How to Track Inventory in QuickBooks Desktop If your company sells physical products, you know how important it is to always be aware of your stock levels. You need to know what’s selling, what’s not, and how to get a head start on ordering new inventory when items are running low. The tricky part is […]
How Do You Track Jobs in QuickBooks Desktop? Part 1
If your business divides some of its work into specific jobs and you’re not tracking them individually, you’re missing out on valuable insight! Job-costing is not just for contractors. That’s probably the most common understanding of this concept in QuickBooks, but you can also use the software’s jobs tools to track income and expenses for […]
Entering Bills in QuickBooks Desktop
It’s not as much fun as creating invoices, but the bills must be paid. Here’s how QuickBooks helps enter bills. A 2-Step Process QuickBooks divides your accounts payable tasks into two separate processes: entering bills and paying them. It requires some extra time upfront as you complete the first step, but streamlines the second so […]
Using Memorized Transactions in QuickBooks
Tired of repetitive data entry? QuickBooks provides a way to save time and keystrokes when you create some transactions. QuickBooks makes it very easy to set up transactions for repetitive use. Here’s how it works. We recommend you use one of QuickBooks’ sample files for this tutorial. Creating a Template Let’s start by creating a repeating […]
5 QBO Reports You Should Review Weekly
There are numerous QuickBooks Online reports that you should be consulting at regular intervals. QuickBooks Online’s Dashboard, the first screen you see when you log in, provides an effective overview of your company’s finances. It contains at-a-glance information about your recent expenses, your sales, and the status of your invoices. It displays a simple Profit and […]