Tips, Tricks & Articles

QuickBooks Checkup

1. Undeposited Funds - When you click on Make Deposits, is there a long list of checks waiting to be deposited but you know they’ve already been deposited?
   
   
2. Accounts Receivable - If you run an Open Invoice report, are there invoices that are on the report you know have been paid?
   
   
3. Accounts Payable - If you run an Unpaid Bills report, have any of those bills already been paid?
   
   
4. Sales tax - If you have to pay sales tax, do you use the Pay Sales Tax feature or do you write a check and list the account as Sales Tax payable or sales tax?
   
   
5. Credit Cards - Do you know how to use credit cards correctly for your business?
   
   
6. Do you use the QB reconciliation feature to balance your bank accounts?

If you answered yes to any of the first 3 questions or no to any of the last 3 questions, then you probably have mistakes that need correcting.

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