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Quickbooks Answer Machine | …it's like free tech support

...it's like free tech support

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Quickbooks Answer Machine | …it's like free tech support | quickanswer.wordpress.com Reviews

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1

Opening Balances | Quickbooks Answer Machine

https://quickanswer.wordpress.com/2009/07/25/opening-balances

8230;it's like free tech support. Laquo; Closing the Books. Using gift certificates for promotion. How do you enter your open balance equity? For anyone needing to show their financials to a tax preparer, CPA, bank officer, loan manager, etc. you might as well label this account the “I don’t have a clue what I’m doing” account. A better account to use in the above scenario showing an initial cash investment would be to Debit Cash and Credit:. Owners Investment (for Sole Proprietors). You can comment below.

2

Closing the Books | Quickbooks Answer Machine

https://quickanswer.wordpress.com/2009/07/08/closing-the-books

8230;it's like free tech support. Laquo; Income Double Counted. How do you close the books on a monthly/yearly basis? When users setup their companies originally they have to indicate their fiscal year. Quickbooks then knows what reporting period constitutes a year and is smart enough to know at what date net income is transferred to retained earnings. Whenever a report is requested you always have to put a date range. Quickbooks knows how to show income and expenses based on the dates entered.

3

Using gift certificates for promotion | Quickbooks Answer Machine

https://quickanswer.wordpress.com/2009/08/25/using-gift-certificates-for-promotion

8230;it's like free tech support. Laquo; Opening Balances. Entering ADP, Paychex etc. into Quickbooks. Using gift certificates for promotion. I give away gift certificates as incentives to customers which are “funded” by the store so no money actually is received for them. How do I clear them from the books once they are redeemed? I would suggest adding the following set of accounts (all as Other Current Liabilities) like this if you haven’t already:. 8212;Gift Certificates Sold. You can comment below.

4

Entering ADP, Paychex etc. into Quickbooks | Quickbooks Answer Machine

https://quickanswer.wordpress.com/2010/06/27/entering-adp-paychex-etc-into-quickbooks

8230;it's like free tech support. Laquo; Using gift certificates for promotion. Entering ADP, Paychex etc. into Quickbooks. We use ADP and we have them issue the paychecks drawn on our account (don’t ask, I can’t change this). I enter the info from ADP weekly using Journal entries. The entry debits all the labor accounts and credits all the employee withholding accounts, along with a credit entry for the direct deposit and checks written. Explore posts in the same categories:. Payroll as a Journal Entry.

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Quickbooks Answer Machine | …it's like free tech support

8230;it's like free tech support. Entering ADP, Paychex etc. into Quickbooks. Posted June 27, 2010 by quickanswer. Payroll as a Journal Entry. We use ADP and we have them issue the paychecks drawn on our account (don’t ask, I can’t change this). I enter the info from ADP weekly using Journal entries. The entry debits all the labor accounts and credits all the employee withholding accounts, along with a credit entry for the direct deposit and checks written. Using gift certificates for promotion. You shou...

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Answers - Quick answers to any question

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Theres a range of training solutions to help you master QuickBooks. Thank you so much for the QuickBooks class . I truly learned a lot. It was tremendously useful for improving both my day-to-day activities and for introducing me to things I wanted to learn about (or never even knew were possible! C Sparrow, San Antonio. An absolutely excellent class even with my use and familiarity with QuickBooks. Im very excited to have this training and bring this knowledge back to my company. A Roybal-Arias, Austin.