News Flash – 3-user Limit for QuickBooks Pro 2011
Published 10/31/2010 | 
We love QuickBooks 2011, but one of the new features makes no sense at all. QuickBooks Pro 2011 now has a new 3-users limit, down from 5-users in previous versions. QuickBooks Premier 2011 still allows 5-users , and you can mix and match Pro and Premier (though those using Pro won't have access to the features only found in Premier).
So, if you currently have more then 3-users in QuickBooks Pro you might want to think long and hard before upgrading to 2011.
This article is provided for informational purposes and is not intended to be construed as legal, accounting, or other professional advice. For further information, please consult appropriate professional advice from your attorney and certified public accountant.
Written by +Ruth Perryman, CMA, CFE, CFM, MBA
Ruth is the president of The QB Specialists, an Intuit Premier Reseller that offers huge savings and expert advice on QuickBooks POS and QuickBooks Enterprise. She is an Advanced Certified QuickBooks ProAdvisor and a member of Intuit’s Trainer/Writer Network. She is also certified in QuickBooks POS and QuickBooks Enterprise and has provided expert QuickBooks help to thousands of businesses all over the world since 1996.
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News Flash – Week One: Favorite QuickBooks Accountant Features Sweepstakes
Published 10/30/2010 | Intuit ProLine's Week One Survey asks “Which QuickBooks Accountant feature helps you save the most time when working with client files?” Remember, voting for your favorite feature could mean an extra $2500 in your pocket.
Visit the ProLine News Central blog each week to vote and see if your favorite feature wins! In order to vote, you need to register to the ProLine News Central blog. Click on “Register” located on the top right hand corner. They ask for a user name and email. After which, you receive a confirmation email to confirm you have a valid email address that allows you to set a password. That way we can track who voted so we can determine the weekly winner!
Complete rules and regulations are located here
This article is provided for informational purposes and is not intended to be construed as legal, accounting, or other professional advice. For further information, please consult appropriate professional advice from your attorney and certified public accountant.
Written by +Ruth Perryman, CMA, CFE, CFM, MBA
Ruth is the president of The QB Specialists, an Intuit Premier Reseller that offers huge savings and expert advice on QuickBooks POS and QuickBooks Enterprise. She is an Advanced Certified QuickBooks ProAdvisor and a member of Intuit’s Trainer/Writer Network. She is also certified in QuickBooks POS and QuickBooks Enterprise and has provided expert QuickBooks help to thousands of businesses all over the world since 1996.
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News Flash – How will Veteran’s Day (Thursday, November 11, 2010) affect my payroll tax payments and direct deposit in QuickBooks Payroll?
Published 10/29/2010 | How will Veterans Day (Thursday, November 11, 2010) affect my payroll tax payments and direct deposit?
To allow for the Veterans Day holiday, you might need to send payroll a day earlier than usual. Doing so will help you to comply with the Fair Labor Standards Act and ensure timely payroll tax payments.
If your normal paycheck date is on 11/11/10, you should:
- Change your paycheck date for your direct deposit employees to Wednesday, 11/10/10.
- Send your payroll by 5 p.m. Pacific Time on Monday, 11/8/10.
If your paycheck date is immediately before or after Veterans Day, consult the table that follows to find out when to send your payroll and when your account will be debited.
| If you date your paychecks for… | Send payroll by 5:00 PM Pacific Time on… | Your account will be debited on*… | Employees get paid on (Direct Deposit only)… |
|---|---|---|---|
| Wednesday, 11/10 | Monday, 11/8 | Tuesday, 11/9 | Wednesday, 11/10 |
| Thursday, 11/11 | (see message above) | ||
| Friday, 11/12 | Tuesday, 11/9 | Wednesday, 11/10 | Friday, 11/12 |
| Monday, 11/15 | Wednesday, 11/10 | Friday, 11/12 | Monday, 11/15 |
*Accounts are typically debited before regular banking hours, so you should make sure you have funds in your account to cover the payroll onthe day before the actual debit occurs.
This article is provided for informational purposes and is not intended to be construed as legal, accounting, or other professional advice. For further information, please consult appropriate professional advice from your attorney and certified public accountant.
Written by +Ruth Perryman, CMA, CFE, CFM, MBA
Ruth is the president of The QB Specialists, an Intuit Premier Reseller that offers huge savings and expert advice on QuickBooks POS and QuickBooks Enterprise. She is an Advanced Certified QuickBooks ProAdvisor and a member of Intuit’s Trainer/Writer Network. She is also certified in QuickBooks POS and QuickBooks Enterprise and has provided expert QuickBooks help to thousands of businesses all over the world since 1996.
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How to Map your Non-Inventory Items in QuickBooks Point of Sale
Published 10/28/2010 |
COGS = COGS Hard Goods or Soft Goods
Income = Pro Shop Income Hard Goods or Soft Goods
Asset = Pro Shop Inventory
Our non inventory items are mapped to the following accounts:
COGS = Purchases – Resale
Income = Pro Shop Income Hard Goods or Soft Goods
Asset = Purchases – Resale
Are these correct? I'm confident the inventory items are right, I'm not sure the non inventory items are right.
Remember, you don’t track inventory for non-inventory items, so if you use an inventory account for the Asset account these purchases would sit in inventory forever and never be expensed. Using a COGS account for your Asset account means they'll be expensed when you purchase them instead of sitting in your Inventory account.
This article is provided for informational purposes and is not intended to be construed as legal, accounting, or other professional advice. For further information, please consult appropriate professional advice from your attorney and certified public accountant.
Written by +Ruth Perryman, CMA, CFE, CFM, MBA
Ruth is the president of The QB Specialists, an Intuit Premier Reseller that offers huge savings and expert advice on QuickBooks POS and QuickBooks Enterprise. She is an Advanced Certified QuickBooks ProAdvisor and a member of Intuit’s Trainer/Writer Network. She is also certified in QuickBooks POS and QuickBooks Enterprise and has provided expert QuickBooks help to thousands of businesses all over the world since 1996.
Web Store | Price List | Free Trials | Newsletter
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