12 Dec 2017
QuickBooks is one of the best accounting software available in market, thanks to its simple user interface, rich accounting features, and reliable security add-ons. Every day, thousands of successful business owners are using QuickBooks to stay on top of their finances. However, not everyone can use QuickBooks like a pro, especially if you are new at it.
Here are top 25 tips that can help you save time while working on QuickBooks and streamline your business:
Before you try your hands on QuickBooks, check out the ‘Getting Started’ Tutorials. These well-constructed tutorials can help you understand how this accounting software works, along with its basic features.
It is always advisable to seek an expert help when migrating your accounts on QuickBooks. For this, use ProAdvisor, a part of QuickBooks Intuit package that can connect you with an accountant who can help migrate all your company accounts in a safe and secure manner.
Here are some QuickBooks shortcuts that can help you save time:
Rather than relying on toolbar every time, it’s best to use right-click menus to save time. For example, if you want to modify an item in the list, simply use the right mouse button. It will display commands for deleting or editing the transaction or creating a QuickReport on the transaction.
This can help you easily navigate to links you need the most. For this,
This powerful tool can be used to easily search any transaction-level entry for fast processing. To use the Find feature,
You can also add the Find feature to your icon bar by right clicking on the icon bar and customizing it.
QuickMath calculator allows you to directly calculate inside the field and enter the final amount. For this,
QuickBooks will generate a Chart of Accounts on the basis of details that you have entered during initial setup. Make sure you review all your accounts from time to time to add, delete, or modify items to better suit your business requirements. Click here to know how you can easily create and manage your Chart of Accounts.
QuickBooks customer center has a notes section. You can use this space to make notes of all your communications for quick access. To add a note
Rather than creating different files, use filters to limit report data to particular criteria. This can help you fine tune your report for better and prompt results. To add or change a filter,
A dialog box will open. The right pane will show the current filters. You can delete or modify them according to your requirements. The left pane will show options to add a new filter. Select the filter you want from the drop-down list. Click Ok to apply your filters.
If you want to do an in-depth analysis of your financial report, it’s best to export your data to Excel. In QuickBooks, you can do this with a click of a button. Simply click on the Excel button placed at the top of your report and select Excel from the options available.
Well, it’s quite easy to forget where we have saved files on our computer. So, it’s wise to create a folder on our computer for all QuickBooks downloads. This will help you quickly access all the files that you want to import. The process is similar to how you create a new folder on your desktop.
QuickBooks offer various add-ons that can help you expand the functionality of the software. For example:
You can easily install these and many more add-ons through the Intuit App Center.
Rather than manually entering all the records, you should try to download data directly into QuickBooks. This will minimize the chance of human error and will saves time. To download your data file
Because system crashes are sudden and unpredictable, it is best to back up your QuickBooks from time to time. To backup your QuickBooks file,
The key to protect your financial data is having a strong password. This will help prevent lot of headaches afterwards.
This will ensure that all your transactions are recorded and will give you a bigger picture of your business.
This will not only make reconciliation easier, but will also increase your work efficiency by eliminating unnecessary data entry. To print checks,
This feature allows you to download all your bank transactions into QuickBooks. Click here to know how you can connect your bank accounts with QuickBooks.
Utilize this feature to automatically enter reoccurring bills, invoices, and payments. This will help you get a hand on expenses before they occur.
This will make things easier when it comes to reconciling your accounts. To pay bills using QuickBooks,
Setting up 1099 Vendors will help you sort your payment and taxes right from the beginning to avoid last-minute stress at year end. To set up 1099 vendor, click here.
If your QuickBooks is being accessed and managed by too many people, chances of error increase. Hence, restrict user access to avoid complications. For this,
Since QuickBooks allow multiple users to work simultaneously on the software, chances of duplicate entries increase. To make your final accounts error-free, it’s best to track all duplicate entries from time to time.
This will make emailing invoices and reports simple and efficient. Here’s how you can link your email to QuickBooks.
Need some more help with your QuickBooks accounting software? Give us a call at our toll free helpline number at 1800-940-7442 and our expert technicians at QBpro can give you instant solution for all your tech worries to help you get most out of your accounting software.
What is Qbpro?
We are a Quickbooks and TurboTax consulting firm that takes care of all the issues that people might ever face within these programs. If you are using any of the above platforms and are continuously faced with bugs then we are here to help. You can connect with us for errors related to Quickbooks or TurboTax via any of the medium below:
Here is what people have to say about us.
Though we serve throughout the world but our clients majorly comes from Canada, USA, and the UK.
Disclaimer: QBpro.ca is a reputable QuickBooks® Consulting firm that provides professional support services related to your accounting software. It is also a front-runner in providing 3rd party technical support services for quickbooks.
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