Receiving Payments from Customers in QuickBooks Depending on the situation, there’s more than one way to record a payment in QuickBooks. Here are your options. There are undoubtedly some QuickBooks tasks that are more enjoyable than others. It’s no fun paying bills, for example, and making collection calls on unpaid invoices can be downright unpleasant. […]
9 QuickBooks Best Practices for Payments
They’re not carved in stone, but accounting professionals tend to agree that these guidelines can improve the speed and accuracy of your payments – both incoming and outgoing — through QuickBooks. Old habits are hard to break. Once you start doing something one way, it can be hard to change course. There has to be […]
7 Tips for Managing Payroll
It’s one of the most challenging elements of accounting–and one that must be absolutely accurate and timely. That sigh of relief you breathed when you finished your initial payroll setup could probably be heard in the next office building. This is a daunting task, and you should be proud of yourself for getting through […]
Customer Refunds: Are You Doing Them Right?
Refunds. You probably wince at the word. Some – like customer refunds for returns – are fairly uncomplicated, thanks to QuickBooks’ tools. Others, not so much. You may find yourself unable to balance your accounts receivable. There are numerous scenarios that necessitate the use of credit memos, including overpayment, order cancellations, and bad debt write-off. […]