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,
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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,
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This tutorial will teach you how to create a new item, set it's price and assign it a category so Quickbooks can track it.
Added: 05/28/2002,
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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,
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Shows how to add a new customer in Quickbooks 2000 in a matter of seconds.
Added: 05/28/2002,
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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,
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Shows how to switch between cash and accrual methods of accounting in Quickbooks 2000.
Added: 05/28/2002,
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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,
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