Profit & Loss

QuickBooks Quik Tip – Tracking P/R Job Related Costs

If you are a company that performs a service, in which you want to cost some or all of your employee’s wages to a job, then read on. QuickBooks Timesheet feature in the Payroll module will accomplish this for you, as long as you direct the data that you input. Using a sample company, I have to make sure and choose a Customer: Job, Service Item, fill in the hours on the particular days...

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QuickBooks Quik Tip for the Day – Financial Statements

This tip can be used by most QuickBooks users, but would be especially helpful to senior accounting staff who create financial statements. I’m not speaking of the financial statements that QuickBooks creates, but the ones that you see produced by auditors or external accountants. With the QuickBooks Financial Statement Designer, you can merge as many accounts into one as needed. If you...

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