How to Set Your QuickBooks Point of Sale Preferences to Send Detailed Information to QuickBooks
Published 08/31/2011 | 
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.
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 Handle Monthly Amortization of Membership and Sponsorship Revenue in QuickBooks
Published 08/30/2011 | - 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.
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 Get a True Customer Balance After Applying Payments but Without Recording Deposits
Published 08/29/2011 | 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.
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
QuickBooks Enterprise Referral Program – Earn up to $800 per sale
Published 08/28/2011 |  Do you have a family member, friend, neighbor, or colleague who’s outgrowing QuickBooks Pro or Premier or struggling with their current financial system? |
| Allow us to help them and we’ll reward you for your efforts. |
| As a business associate, you know the power of a personal referral. We would love the opportunity to show your contacts the benefits of using Intuit’s QuickBooks Enterprise Solutions.
We’ll reward you with 10% of the sales price when you refer us to a friend or colleague who purchases QuickBooks Enterprise. We also offer discounts on products and services, making it a win-win for everyone! For instance, this month we’re offering up to $1000 off when you upgrade from any version of QuickBooks. There’s an even bigger discounts when you add Advanced Inventory. And there appears to be exciting things in store for Advanced Inventory! This was posted on Intuit’s ProLine News Central blog last Tuesday. Coming soon to QuickBooks® Enterprise Solutions! It’s the best thing to happen to inventory costing since the calculator… Want more than just average costing? Sign up today to receive exclusive updates for the new Advanced Inventory for QuickBooks® Enterprise Solutions 12.0. Be the first to know! Don’t forget, if you buy QuickBooks Enterprise now you also automatically get 2012 once it’s released. |
| Call us at 800-707-0940 for more details. |
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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