A: What details you want to track? Do you track the certificate number, amount and other details? When you enter the HUD1 or the settlement sheet – you should always include the amount Continue reading
QuickBooks Consultants and Bookkeepers need to track their own business income and expenses just as they do for their clients, and QuickBooks has a chart of accounts tailored for companies in the accounting industry. CPAs, accountants, and bookkeepers offer many services such as personal and business tax preparation, consulting, financial Continue reading
Account numbers are extremely useful for QuickBooks and are considered a good accounting practice. Here is a rule of thumb to assign numbers to account names, although it is not necessary to use numbers in QuickBooks:
- 1000-1999 Assets
- 2000-2999 Liabilities
- 3000-3999 Capital, Equity
- 4000-4999 Income, Revenue
- 5000-6999 Expenses
- 7000-7999 Other Continue reading
Today is the final entry in our coverage of the Accounting preference window. We will be covering the final options in the Company Preferences tab. Remember, to view these options, open QuickBooks and Select Edit -> Preferences and click on the Accounting option, then select the Company Preferences tab.
- Date Continue reading
Here are some more options available to you in the Company Preferences section of the Accounting preference window. Remember that anything located in the Company Preferences section will affect all users in QuickBooks for the given company.
- Use Class Tracking
- Class tracking is a great way to categorize transactions. Basically Continue reading