If you are like many small businesses, you want to make bookkeeping easier so you can focus more on maximizing your profits. Bookkeeping can take away a lot of your time and energy, resources you’d rather put towards doing what you like to do and getting paid for it. It makes money, but you’d rather not spend days on end preparing invoices, sending them out and waiting for them to write a check before you can get it deposited, only to have to do that again next week.
With the year comes a new version of QuickBooks Desktop! The 2017 version is sure to make your life so much easier. The objective QuickBooks Desktop 2017 was molded around was to make our jobs as bookkeepers, tax preparers and payroll managers easier. Here’s what this updated version of QuickBooks has to offer.
As soon as you launch the application, you’ll see that the interface has become much easier to navigate through. No longer do you have to struggle and search long and hard for files, you can do that along with finding lists and documents in a snap. QuickBooks now has an autofill search field that will help find what you are looking for without having to scroll through hundreds or thousands of files.
If you are a regular QuickBooks user, you may already have a standardized list of processes that you check off each time you use the software. However, what if you could be more efficient with the software and get even more work done? These 5 report methods are often overlooked, and may be a big help. Even if you are using some of these reports, you may find another one that will work just for you.
Profit & Loss Summary Prev. Year Comparison
Have you ever wondered just how far your business has grown in the last year? Many business managers look solely at their Profit & Loss Summary report, but if you compare your results from this year to last year, you can easily identify where you are making revenue or losing money, and where your expenses have been going. To get to this report, go to Reports > Company and Financial > Profit & Loss Summary Prev. Year Comparison.
Learning how to use QuickBooks can be a daunting task for those who are not already acquainted with the system. However, we have tips that are for sure able to help get you through the software and guide you until you are comfortable to start navigating on your own. Below are 5 tips we believe will help you out during your first times with any QuickBooks software.
Reconcile Your QuickBooks Accounts –
This is the number one figure that you must do when using QuickBooks, if not the most important out of them all. You have got to make sure that all your accounts are up to date, including your bank accounts. You can include any accounts you receive a statement for that has both a beginning and ending balance. A typical account list includes your bank accounts, credit cards, loans, and any other line of credit.
As the go to bookkeeping and accounting software for over 4.5 million companies, QuickBooks leads today’s market. If you are reading this, there’s a good chance that you’re looking for a few learning tips for using QuickBooks. Like anything else, you’ll get the most out of QuickBooks by making it suit what you need. Whether you are a rookie or a veteran, here is what you need to know about each version of QuickBooks.
"Working with Lucia & Company has been really great and has really helped our company. Lori is wonderful and we are very thankful for her services! Thank you, guys!"
- Mark L.
"I have used Lucia and company for over 15 years. They are excellent."
- Lonno G.
"Lauri and her team are very professional, and knowledgeable when it comes our accounting needs. In addition, they go above and beyond for our business/personal tax services. "
- Darren L.
"This team has been taking care of my needs both professionally and personally for 30 years. They are professional and competent. I strongly recommend them."
- Adam H.
"If you need an accountant, help with quickbooks, or advice on setting up your books, this is the firm to go to. Laurie and her staff are quick and thorough -- they go above and beyond the call of service."