A useful Aged Debtors report is one that’s in top-down order (not alphabetical), highlights negative balances for attention and is readily available for you every day.
Negative numbers – a cost where income should be, a creditor where a debtor should be – need to stand out in your management reports. Here’s how.
They did it in Apollo 13 – so it can’t be rocket science, can it!
You run a cycling shop, part of a chain (no pun intended), and on a Sunday lunchtime a guy drags his bike in with a puncture, asking whether your shop can replace the inner tube so he can get on his way.
Knowing your costs and your gross profit is essential but many businesses destroy value simply by selling in to the wrong market, or by positioning their products / services in the wrong place.
Thousands of businesses are already QuickBooks users but may not be getting the most out of it, yet a short QuickBooks training session – building on your existing level of knowledge – should get your business and QuickBooks totally in tune with each other.
In this Very QuickBooks tutorial we look at accounting for the acquisition and depreciation of fixed assets in QuickBooks and how memorised transactions can save you hours of work.
QuickBooks reports are very powerful but when you can export them into Excel you move up to a new level in terms of what you can do with your financial information.
Top accounts and sub accounts are the tool to use to organise your Chart of Accounts exactly how you want it so that when you produce reports (particularly income & expenditure reports) in QuickBooks they convey the right information in an easy digestible way.
Knowing which windows are open in QuickBooks is useful as it speeds up work. Equally, knowing how to close the windows, either manually or automatically when you close the program, is also very handy.
