QuickBooks Inventory – Selling Finished Goods – Part 16

I mentioned to you in Part 13 about the QuickBooks warning if you try and build an assemby without sufficient quantities. Well, the same thing happens if you try and sell more assembled units that you have in inventory. This will change the quantity to a negative if you proceed. There have been many times when I have decided to sell the unit anyways, because I knew that an order had been shipped...

Read More

QuickBooks Quik Tip for the Day – Set Closing Date

I have another tip for people in senior accounting positions and especially owners. Far too many people are not aware of the problem that junior people can create by changing data entries in QuickBooks. This can result from voiding, deleting or changing a transaction that was entered in any fiscal period and particularly in a previous fiscal year. This can impact the integrity of your financial...

Read More