Are You Defining Items in QuickBooks Correctly?

Create item records in QuickBooks carefully, and QuickBooks will return the favor by running useful, accurate reports.    Figure 1: Clearly-defined items result in precise reports.  Obviously, you’re using QuickBooks because you buy and/or sell products and/or services. You want to know at least weekly — if not

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Social Security Tax Changes

In an October 16, 2012 press release, the Social Security Administration (SSA) announced and increase in monthly Social Security and Supplemental Security (SSI) benefits. The 1.7 increase represents a cost-of-living adjustment (COLA) that will begin for Social Security beneficiaries in January 2013 and for SSI beneficiaries on

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Save Time With Memorized Transactions

Memorize recurring transactions in QuickBooks® to increase efficiency and reduce mistakes. You may wish to memorize transactions such as: Recurring bills and checks Recurring deposits Recurring sales transactions and invoices Recurring purchase orders Recurring journal entries How to memorize transactions 1. Enter the transaction you want to

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Five Favorite Freebies You Can Steal

If you’re looking for ways to boost your productivity, technology is a great place to start.  The good news is there are many free options available.  Here are five favorites you might not know about. 1. Bridge lines. If you need teleconference lines, you’re in luck:  there

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