3 TIPS ON HOW TO USE QUICKBOOKS TO IT MAXIMUM POTENTIAL

When you are learning how to use quickbooks, there are 3 things you definitely want to learn so that you get the maximum benefit from this powerful small business accounting software.

This article explains these 3 “need to know” functions in Quickbooks as well as where you can go to learn these and many other aspects of Quickbooks.

  1. Bank reconciliations – when learning how to use quickbooks, be sure to pay attention when learning how to reconcile your bank accounts. I have witnessed first hand when a business owner does not reconcile their bank accounts in Quickbooks for months at a time simply because they did not know how. As a result, months down the road, they realize that their Quickbooks checking account balance is thousands of dollars different than their actual bank balance. Soon enough, this results in bounced checks and numerous errors, which creates unjustified headaches and time wasted fixing the errors.
  2. Credit card reconciliations – another thing to make sure you pay attention to when learning how to use Quickbooks is how to reconcile your credit cards. You want to make sure you do this properly as it could result in numerous missed expenses on your credit card. The process is very similar to reconciling your bank accounts, so learning the process should not be that difficult.

  3. Entering and paying bills properly – by all means, when learning how to use Quickbooks, be sure you learn how to enter and pay your bills correctly. I can’t tell you how many times I see clients use Quickbooks as a glorified checkbook and not use it to its full potential. It can be an incredible tool to track and pay your bills.

Although there are more aspects of Quickbooks that are incredibly helpful to the small business owner, these 3 items are essential to learn when you are learning how to use Quickbooks.

To learn how to use Quickbooks in 14 easy to follow, on-demand videos, taught by a CPA and certified Quickbooks pro, for more information, please visit >>HERE<<

THEUPDATESONLINE.COM is a reliable portal that gives updates to it cherished visitors. its a place where teaching and learning takes place, it gives updates on news around the world, Business and Financial tips, investment opportunities,reviews, and many more. There are currently 3 writers, ,Consultants, teachers and an editor making sure visitors get value for their time and money. The CEO of theupdatesonline.com is SIMON AHAFIA, he is a teacher, blogger, web developer , online marketer and an entrepreneur. He is also the CEO of SIMCEL GROUP.

Tagged with: , ,
Posted in Education, Finance, Job/Employment, Products reviews

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

Need your own website/blog? Click below and get started

Enter your email address to follow this blog and receive notifications of new posts by email.

%d bloggers like this: