Tag: QuickBooks
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QuickBooks Online – An Accountant’s Review: ‘D+’
The first time I used QuickBooks, it was the DOS version. That was over 20 years ago. Today, there are a multitude of versions for QuickBooks. QuickBooks Online doesn’t measure up to Intuit’s Enterprise versions. It isn’t even close.
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Class Accounting With QuickBooks
Class accounting is one of the options available with QuickBooks software. Most accountants and bookkeepers misunderstand its purpose and how to properly implement this wonder tool of accounting.
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Bookkeeping with QuickBooks (Lesson 27)
There are multiple positive benefits of QuickBooks for the business and directly for the bookkeeper too.
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Bookkeeping – Control Accounts (Lesson 22)
Control accounts are used when there are multiple third parties interacting with the business in regards to similar function.
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Bookkeeping – Chart of Accounts Using the Numbering System (Lesson 18)
To speed up the process of entering information accountants converted account names to numbers.
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Bookkeeping – Ledgers and Journals (Lesson 3)
In order to understand how an entry is made to the books of record, the bookkeeper needs to understand the difference between a journal and a ledger as they pertain to bookkeeping.
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Phase Codes and Cost Codes with QuickBooks and Construction Accounting
Phase codes are functional groups of costs with the residential construction industry.
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Progress Billings in Construction
Just like a tip of an iceberg, a progress billing for a construction project is an invoice for a small part of the overall contract value. It needs to be recorded correctly and presented to management in a way that is understandable and beneficial for making decisions. This article will introduce the concept and cover how progress…
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QuickBooks – Best Accounting Software for Small Business
For small business, there is no software to match the value QuickBooks brings to the business operation. I used Sage software and its predecessor Quantum (Peachtree) for 20 years and still do to this day. But QuickBooks is by far superior in all regards in comparison to Sage products.