Accounts

QuickBooks Banking – Reconciling Chequing Accounts

Reconciling bank accounts is a procedure that must be done for all companies in a timely manner. By timely, I don’t mean at the end of the fiscal year either – I mean every month. You owners and managers out there, hopefully realize that through the bank comes all monies in and out, so for control purposes the reconciliation is a key component in running a business. All valid...

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QuickBooks Quik Tip for the Day – Inactive Accounts

There will come a time when accounts, customers, vendors, items etc. that you have created are no longer in use. Once you have used those named previously in a transaction, you cannot delete them. So what do you do with a 35,000 customer list when only 5,000 are still active? Well, you can make them Inactive and that will remove them from the current active list and reduce your time searching to...

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