Category Archives: Accounting

Anatomy of a QuickBooks Inventory Item

When you started your business, maybe you were able to keep track of your inventory by peering in the closet or your garage. As it grew, that simply took too long. But you became tired of running out of stock because you didn't have time to constantly check its levels, and you forgot about items…
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Make QuickBooks Your Own: Specify Preferences

QuickBooks was designed to be used by millions of businesses. In fact, it's possible to install it, answer a few questions about your company and start working right away. However, we strongly suggest you take the time to specify yourPreferences. QuickBooks devotes a whole screen to this customization process. You can find it by opening…
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Three Most Common Budgeting Errors

When it comes to creating a budget, it's essential to estimate your spending as realistically as possible. Here are three budget-related errors commonly made by small businesses and some tips for avoiding them. Not Setting Goals. It's almost impossible to set spending priorities without clear goals for the coming year. It's important to identify, in…
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How QuickBooks Helps You Accelerate Receivables

You're meeting your sales goals. Keeping inventory balanced. Making sure that every billable hour gets invoiced. Taking advantage of vendor discounts. Basically, doing everything in your power to keep cash flow humming. But you can't control how quickly your customers pay you. You can, though, use QuickBooks' tools to: Make it easier for customers to…
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