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New QuickBooks Webinars in June
I hope you will join me for my "QuickBooks Coffee Break" series of webinars coming up this June.
Webinar topics to include:
- Understanding QuickBooks Inventory: A to Z
- Customizing Reports in QuickBooks
- Making Sense out of the QuickBooks Chart of Accounts
- Tips and Tricks in Working With the Customer and Vendor Centers
Complete details and registration information to follow in a separate e-mail message later in May.
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QuickBooks 101 - Understanding Key Terms
Last month, I talked about the various types of asset accounts that show up in the QuickBooks chart of accounts.
This month, we'll review the various terms relating to liabilities and equity:
- Accounts Payable - money that you owe to vendors for the various materials, supplies and expenses incurred by the business.
- Credit Card - a unique type of liability account that allows you to easily track credit card purchases and payments.
- Other Current Liability - other debts and obligations the business needs to pay back in the next 12 months. Examples - sales taxes, payroll taxes.
- Long Term Liability - debts and obligations to be paid back in more than 12 months. Examples - bank loans, leases, etc.
- Equity - the amount "left over" or what a business is worth. Always calculated by taking total assets (own) minus total liabilities (owed).
Ready to take your CPA exam yet?
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Need a Simple Time and Expense Tracking Tool?
Let me introduce you to Virtual Software.
Virtual Software allows your employees to input and track their time (and expenses if desired too!) from wherever they are. All they have to do is connect to the internet, log in, and plug in.
Consider these benefits of Virtual Software:
- Anytime, anywhere access to time entry and administration. Don't have to be connected to QuickBooks.
- Compatible with Paychex, QuickBooks, ADP and other payroll processing systems.
- Easily manage multiple billing/pay rates by employee or project.
You'll be learning more about Virtual Software in the months ahead. Get more information on this web based time and expense tracking software.
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Tech Tool of the Month
Need to capture screen images or snippets of web pages? Add comments, drawings, notes, or other annotations to them?
Consider SnagIt from TechSmithfor your digital toolbox.
I have been using SnagIt to help put together my blog posts, QuickBooks webinars, my QuickBooks guides, and other content for nearly two years now.
Drop dead simple to use, yet packed with features, SnagIt won't bust your budget either. Get a free trial of SnagIt and see how it can simplify things in your office.
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Did You Grab Your Guide Yet? Do It Today!
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Surprise Your Boss With A QuickBooks Tool Just for Them!
Wish you could create your own metrics, stats, and key performance indicators from both QuickBooks and Excel?
QVinci is a tool that will allow you to do just that.
Designed to be the "Financial GPS For Your Business", QVinci will allow you to quickly and easily set up custom dashboard and key performance metrics using your QuickBooks data and/or information stored in Excel.
I have compiled a couple of blog posts to help you learn more about this great new tool...
Small business? Save 50% on your first month of QVinci.
Work in a CPA firm that likes this idea for your clients? Get your copy of QVinci for just $5/month.
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Legal Stuff...
QuickBooks is a registered trademark of Intuit. Bottom Line Accounting Solutions is not affiliated with Intuit in any way.
Please forward this newsletter to those friends and associates that have an interest in QuickBooks software.
The Internet community is constantly evolving, so exercise diligence in your research as you would any other purchase. Bottom Line Accounting Solutions is not responsible for any third party links or the misuse of those links. They are presented solely for informational purposes.
FTC Disclaimer: This newsletter is an integral part of my for-profit business. Assume that any links, banner ads, graphics, etc. relate to products and services for which I will be compensated by the vendor for introducing you to them.
This publication Copyright 2001-2010 Bottom Line Accounting Solutions, LLC. All rights reserved.
Other product and company names mentioned herein may be trademarks and/or service marks of their respective owners.
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