When you are figuring out how to use Quickbooks through Quickbooks tutorials, there are 3 items you most certainly need to learn so that you get the absolute maximum advantage out of this powerful business accounting software.
This informative article points out these 3 “need to know” capabilities in Quickbooks along with where you could proceed to discover these and several other elements of Quickbooks.
1. Bank reconciliations – while viewing Quickbooks tutorials or otherwise studying how to use Quickbooks, pay attention while
discovering how to reconcile your bank accounts. I have experienced first hand when a company owner fails to reconcile their bank accounts in Quickbooks for several months at a time mainly because they didn’t know exactly how. As an outcome, several months down the road, they notice that their Quickbooks bank account balance is actually thousands of dollars different compared to their exact bank balance. Soon enough, this results in bounced checks and countless problems, which often produces unjustified head aches as well as time spent rectifying the errors.
2. Credit card reconciliations – one more thing to be sure to take note of when youlearn Quickbooks is how to reconcile your credit cards. You need to make sure you do this accurately as it could result in numerous missed charges on your charge card. The actual method is very similar to reconciling your bank accounts, therefore understanding the process ought not to be that
3. Entering and paying bills correctly – of course, when learning how to use Quickbooks, be certain you learn how to enter and pay your bills correctly. I can’t tell you how many times I observe clients make use of Quickbooks as a glorified checkbook and not use it to its whole potential. It can be an amazing tool to track and pay your bills.
Even though there are more areas of Quickbooks that are incredibly useful to the small company owner, these 3 pieces are necessary to master when you learn Quickbooks.
To learn Quickbooks in 14 simple to follow, on-demand videos, taught by a CPA and qualified Quickbooks pro, go to www.QBUniversity.org