How to Set Your QuickBooks Point of Sale Preferences to Send Detailed Information to QuickBooks
You can also easily see what each transaction in QuickBooks POS created in QuickBooks by selecting I Want To… and then Show Financial Detail.
Also, the information in Help > Help Contents is quite good. The Contents tab is organized like a user guide. We’ve also got many free QuickBooks user guides on our website.
Written by +Ruth Perryman, CMA, CFE, CFM, MBA





Ruth is the president of The QB Specialists, Inc. and has provided QuickBooks help to thousands of businesses around the world since 1996. She is an Intuit Solutions Provider, an Advanced Certified QuickBooks ProAdvisor, and a member of the Intuit Trainer/Writer Network. She is also certified in QuickBooks Point of Sale and QuickBooks Enterprise Solutions.
QuickBooks price list | QuickBooks Sale | Free trial of QuickBooks POS | Free trial of QuickBooks Enterprise
How to Handle Monthly Amortization of Membership and Sponsorship Revenue in QuickBooks
- If you haven’t already, create an other current liability account called something like “deferred revenue” or “unearned revenue”.
- Create other charge items called something like “annual membership fee” and “sponsorship” and map them to the current liability account above.
- When you invoice or create a sales receipt for the prepayment, use one of the other charge items created above.
- Create a $0 sales receipt for the first month, using your normal revenue account with 1/12 of the fee and add a second line using the other charge item with a negative for the same amount.
- Memorize the sales receipt, select Automate Transaction History, Monthly and 11 for Number Remaining.
If you have other memorized transactions, you might want to consider creating a memorized Group so they’re all grouped together instead of scattered all over the list.
Written by +Ruth Perryman, CMA, CFE, CFM, MBA





Ruth is the president of The QB Specialists, Inc. and has provided QuickBooks help to thousands of businesses around the world since 1996. She is an Intuit Solutions Provider, an Advanced Certified QuickBooks ProAdvisor, and a member of the Intuit Trainer/Writer Network. She is also certified in QuickBooks Point of Sale and QuickBooks Enterprise Solutions.
QuickBooks price list | QuickBooks Sale | Free trial of QuickBooks POS | Free trial of QuickBooks Enterprise
How to Get a True Customer Balance After Applying Payments but Without Recording Deposits
If you’ve been making deposits directly into the register, your payments probably haven’t been applied to your invoices. Go to Reports > Customers & Receivables > Open Invoices. If you see a bunch of payments (negative line items) on this list that aren’t actually overpayments, you need to apply the payments to the associated invoices.
If you only have a few, just open the invoices on the list that also have a payment listed and select Apply Credits. If you’ve got a lot, I’d create an External Accountant user, login as External Accountant, go to Company > Client Data Review, and select Fix Unapplied Customer Payments and Credits.
Written by +Ruth Perryman, CMA, CFE, CFM, MBA





Ruth is the president of The QB Specialists, Inc. and has provided QuickBooks help to thousands of businesses around the world since 1996. She is an Intuit Solutions Provider, an Advanced Certified QuickBooks ProAdvisor, and a member of the Intuit Trainer/Writer Network. She is also certified in QuickBooks Point of Sale and QuickBooks Enterprise Solutions.
QuickBooks price list | QuickBooks Sale | Free trial of QuickBooks POS | Free trial of QuickBooks Enterprise
QuickBooks Enterprise Referral Program – Earn up to $1200 per sale
Written by +Ruth Perryman, CMA, CFE, CFM, MBA





Ruth is the president of The QB Specialists, Inc. and has provided QuickBooks help to thousands of businesses around the world since 1996. She is an Intuit Solutions Provider, an Advanced Certified QuickBooks ProAdvisor, and a member of the Intuit Trainer/Writer Network. She is also certified in QuickBooks Point of Sale and QuickBooks Enterprise Solutions.
QuickBooks price list | QuickBooks Sale | Free trial of QuickBooks POS | Free trial of QuickBooks Enterprise


