One of the common mistakes in Quickbooks is within Accounts Receivable and small open balances or open credits.
Your clients will make QuickBook mistakes and or/accounting errors and call you. Firm of the Future will share examples about common accounting and bookkeeping situations - and how to be ready to turn these into positive outcomes for your relationship.
The quickest and easiest way to identify Accounts Payable errors in QuickBooks is from a review of the Accounts Payable Aging Summary report. See step-by-step instructions.
Learn why payroll errors are a common QuickBooks mistake, and how to fix them.
Today I'd like to discuss another common Item mistake – leaving an Item as "single-sided" when it should be "double-sided."
See the most error-prone QuickBooks blunders, and how to fix them.
Today, I'd like to discuss another common mistake – coding an Item to the wrong account.
QuickBooks automatically records various transactions to the Opening Balance Equity account. Learn how the Opening Balance Equity account works.