Episode 11: Tracking Credit Cards In QuickBooks
I got a couple of email questions about using credit cards so I thought that would be a good topic for this week. It’s very similar to the process of entering bills and the credit card account can be thought of as another accounts payable account. You enter all of your credit card transactions and [...]
Episode 10: QuickBooks Accountant’s Copy
As I mentioned last week, the Accountant’s Copy feature of QuickBooks is very useful and is very different than a regular backup. It allows you to keep working in your QuickBooks data file while your accountant has a copy to work on also. Then your accountant can export the changes they have made and you [...]
Episode 9: QuickBooks Backup and Restore
In this episode I walk through the process of backing up and restoring your QuickBooks data. I also take a look at the Portable Company File which is similar to a backup. You should take great care in developing a good backup strategy for your QuickBooks file. The built-in backup and restore functions are pretty [...]
Episode 8: Recording Loans From Owners
I got 2 questions this past week both asking about the same issue – how to account for expenses that get paid by the owner out of his/her own pocket. It’s fairly common for a small business to not have a lot of money in the bank during the start up phase and the owner [...]
Episode 7: QuickBooks 2010 Document Management
Join me as I explore one of the most intriguing new features of QuickBooks 2010, a built-in document management system. This new feature allows you to scan a document (a bill from a vendor for example) and attach it to a transaction in QuickBooks (the bill as entered into the program). It then allows you [...]
Hi there! I'm Mike. I am a CPA and an Advanced Certified QuickBooks ProAdvisor. I teach QuickBooks locally in classrooms and do one-on-one training sessions. I created this site so I could extend my teaching to more people and offer them the best support possible.
