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Technology News YOU CAN USE!
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Today is Leap Day, the extra day we get on the calendar every four years. Fun fact: people who are born on February 29 celebrate a birthday every four years; a person born this Monday will be 20 years old in 2036 but will have had only five birthdays! Leap Day is a practical solution to the solar system's disparity with the Gregorian calendar: it takes exactly 365.2422 days for Earth to complete an orbit around the Sun, so a leap day is added as a means of keeping our clocks and calendars in sync with Earth and its seasons. READ MORE
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The End of Intuit Sync Manager
We wanted to ensure everyone is aware of an important interface change for QuickBooks desktop users. This is all the information to get you ready. Simply stated, Intuit is killing the Intuit Sync Manager. For those not aware, the Intuit Sync Manager is an application that gets installed with QuickBooks desktop (Pro, Premier, Enterprise) that handles the synchronizing of data between QuickBooks itself and what is known as the IPP Cloud; IPP stands for Intuit Partner Platform, basically an environment where 3rd-party developers create applications that work and interface with QuickBooks.
So what is going on and when? There are 2 important dates to know: READ MORE
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Newsflash
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Mendelson Consulting is pleased to announce that the company's founder and principal, Mario Nowogrodzki, CPA.CITP, has been chosen among the Top 10 QuickBooks ProAdvisors of 2015. Nowogrodzki was also named Top Integrations ProAdvisor. READ MORE |
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Use Classes so you can better track profit and loss.
When you're working with Preferences, make sure Classes is turned on (Edit | Preferences | Accounting | Company Preferences | Use class tracking).
Classes are your own way of categorizing elements of a business. When you enter a transaction, a Class drop-down box will appear; you can create your own Class, such as Marketing, or Advertising, or Building One, or Region A.
Then you'll be able to run a Profit & Loss by Class report.
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