Much of accounting is checking your entries to make sure the amounts are accurate. In QuickBooks, check the Trial Balance before viewing other main financial reports. All of the debits must equal the credit.
If they do not, then the Trial Balance report will show the discrepancy. The Trial Balance Continue reading →
To continue with my report blogging, I want to review the reports included in QuickBooks for deposits and checks. Whether you use QuickBooks for real estate and property management or any industry, reconcile your deposits and checks with your bank statement is important to keep accurate books.
As you begin to analyze your business operations more closely, you may want to use a QuickBooks report to breakdown your purchases. If you are using QuickBooks for property management, you may be curious to know which projects or items were completed by which vendor. The purchases reports break down purchases by Continue reading →