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Quickbooks






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Total Tutorials: 5168  |  Added today: 0 Tutorials updated: 02/09/2019



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Account/Category Setup Basics
 
The Quicken and QuickBooks manuals and Help systems do a decent job of describing the basics of setting up Accounts/Categories. (Especially, see the QuickBooks industry-specific information for Farming and Ranching.) Below we identify some key considerations for setting up Accounts/Categories, and show examples to emphasize some important points.
Added: 08/15/2000, Hits: 1,580, Rating: 0, Votes: 0
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Classes as Enterprise Profit Centers and Cost Centers
 
In Quickbooks "Profit center" and "cost center" are management accounting (as opposed to financial accounting) terms. They identify how the various parts of your business contribute to the operation as a whole.
Added: 08/15/2000, Hits: 1,441, Rating: 0, Votes: 0
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Getting Rid of Old Account and Class Names
 
You probably like to keep detailed transaction records for at least the prior year--or maybe several prior years--"live" in QuickBooks or Quicken at all times. This lets you quickly get information about prior-year activities at any time.
Added: 08/15/2000, Hits: 871, Rating: 0, Votes: 0
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Setting Up Classes that Meet Your Information Goals
 
The Quicken and QuickBooks manuals do a decent job of describing the basics of setting up Classes. (Especially see the QuickBooks industry-specific information for Farming and Ranching.) We'll identify some key considerations for setting up Classes, and will show some examples to further explain the concepts laid out in the Quicken and QuickBooks manuals.
Added: 08/15/2000, Hits: 893, Rating: 0, Votes: 0
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Tracking Personal Spending with QuickBooks Equity Accounts
 
If your farm business is a sole proprietorship, you may face a dilemma about how to keep track of family and personal income and expenses, and keep them separate from those of the farm business within QuickBooks.
Added: 08/15/2000, Hits: 880, Rating: 0, Votes: 0
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