Posts Categorized: Recent News

4 Things You Should Know About Advanced Settings in QuickBooks Online

Do you know about all of QuickBooks Online’s settings? What you’re missing may be important.   Looking through all the settings available in QuickBooks Online is something like reading the owner’s manual when you get a new car. You know you should do it, but you find yourself consulting it only when you encounter a… Read more »

Do You Need to Bundle Products in QuickBooks? Create Assemblies

If you frequently sell multiple inventory items grouped together, you need to learn about QuickBooks’ assemblies.   Let’s say you run a home improvement retail outlet, and one of the things you sell is doors. You might sell their parts-door frames, hinges, doorknobs, etc.-individually, in case a customer needs to replace a piece. You may… Read more »

The Life of an Estimate in QuickBooks Online

Estimates-or quotes, or bids-are useful tools when you’re pitching a sale of products or services. Here’s how QuickBooks Online handles them.   Sales estimates are standard procedure in many professions. You wouldn’t authorize a car repair without one. Nor would you OK a remodeling job on your kitchen or a summer’s worth of yard landscaping… Read more »

Issuing Credit Memos and Refunds in QuickBooks

You’re accustomed to money going in a certain direction, but sometimes you have to pay your customers. Here’s how it’s done.   QuickBooks is very good at helping you get paid by your customers. It comes equipped with customizable invoice templates for billing customers and sales receipts for recording instant sales. It supports online payments,… Read more »

How QuickBooks Protects Your Data, and How You Can Help

The data in your QuickBooks company file contains some of the most sensitive information on your computer. Make sure it’s secure.   Your customer list is gold. And those Social Security and bank card numbers in your payroll, client, and vendor records need to be protected from intruders and only viewed by authorized employees.  … Read more »

How to Use Progress Invoicing in QuickBooks Online

Does your business do work for clients over weeks or months? Consider using QuickBooks Online’s progress invoicing. Let’s say you’re doing a job or project for a customer that is going to take a long time, but you don’t want to wait until you’re finished to get paid. Or you’ve agreed to let a customer… Read more »

Working with Contractors in QuickBooks Online

  It’s a gig economy. QuickBooks Online makes it easy to track and pay independent contractors.   In days past we used to call it “moonlighting” – taking on a second, part-time job for extra money. And we saw how prevalent this became was when millions of people had to resort to side gigs to… Read more »

Receive Payments the Right Way in QuickBooks: Your Options

  How you record a customer payment in QuickBooks depends on why and how you received it.   One of the reasons we like QuickBooks is because it uses language and processes that are familiar to small businesspeople. Instead of using the term “accounts receivable,” it has a menu label that says Customers and menu… Read more »

Using Product and Service Records in QuickBooks Online

Using Product and Service Records in QuickBooks Online Last month, we created product and service records in QuickBooks Online. This month, we’ll explore how they’re used on the site   If you ever did your accounting manually, you probably remember how tired you got of writing or typing the same things over and over. You… Read more »

Polish Your Image: Customize QuickBooks’ Forms

Polish Your Image: Customize QuickBooks’ Forms The invoices and other forms you send to customers and vendors should reflect your company’s attention to detail, accuracy, and consistency.   Every opportunity you have to interact with your customers and vendors is critical. Whether it’s a phone call, an in-person connection, or an email, how you present… Read more »