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Accounts Receivable vs Accounts Payable in QuickBooks?
Have you ever used the functions of creating invoices or bills either in Quickbooks? At the moment we created the invoices and bills, and...
Jul 30, 20192 min read


Easy Accounting for Construction With Quickbooks Online
TABLE OF CONTENT Introducing QuickBooks Online The Perfect Fit for Construction Gaining the Upper Hand with QuickBooks Online in...
May 16, 20186 min read


Who Should Get a 1099?
If you are in business, whether self-employed or running a company, you must send a 1099 form (with copies to the IRS) to anyone that you...
Jan 8, 20181 min read


Features of QuickBooks Enterprise for Businesses
Quickbooks (QB) Enterprise is the most flexible QB product, designed for businesses managing more complexity, typically with multiple...
Jan 2, 20183 min read


How To Prevent Negative Inventory Using QuickBook?
What is negative inventory? Negative inventory is a condition that inventory count shows that there are less than zero item in stock....
Dec 19, 20173 min read


What Does It Mean To Have Negative Inventory?
Because inventory is closely tracked using computer systems, different accounting methods, etc., mistakes in the process can actually...
Dec 19, 20175 min read


When/ How to Conduct a Physical Check Inventory ?
It goes without saying that accurate and timely physical inventories are one of the most important responsibilities in assuring making business more profitable. An inaccurate inventory can make the difference between the profit and loss. For example, if a corporation overstates its inventory, it will exaggerate gross profits and net income as well as current assets, total assets, retained earnings, stockholders' equity, and all of the related financial ratios for the current
Dec 18, 20175 min read


How to set up and create an Inventory Item in Quickbooks Enterprise?
Inventory control and usage may become actually complex, so depending on the needs of the company, other more sophisticated inventory...
Dec 15, 20174 min read


Job Costing 101 - What kind of companies use Job Costing?
TABLE OF CONTENT What is Job Costing? What kind of businesses can use Job Costing? 1. Construction Industry 2....
Dec 14, 20177 min read


Why QuickBooks Online Balance and Bank Balances Differ
If your QuickBooks Online register balance and your actual Bank balance don't match in QuickBooks Online, don't worry! There are...
Dec 13, 20173 min read


QuickBooks – Expenses vs Items
When using QuickBooks, one area that often leads to confusion is whether to use Expenses or Items when entering data into the program....
Dec 12, 20173 min read


Why need to reconcile accounts monthly?
The accuracy of the records can be verified by doing a reconciliation at least once a month. Reconciliation is the process of comparing...
Dec 11, 20172 min read
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