Set Up
Using Gift Certificates with QuickBooks
This information describes the sale and redemption of gift certificates using QuickBooks financial software, not Point of Sale (POS).
For correct financial reporting, Gift Certificate sales should not be included in sales or income reports for taxes. Income and sales are generally recognized at the time the product or service is sold, not the gift certificate. I [...]
Accounting for employee advances
Do you occasionally give employees an advance on their next paycheck? Here’s an easy way to record and track these advances using the QuickBooks payroll feature.
In the chart of accounts, create a new “other current assets” account called Employee Advances.
In the payroll item list create a new payroll item. In QuickBooks 2007 and above use [...]
Are you backing up your QuickBooks data?
Having a current backup of your QuickBooks data is important because computer problems are almost always unexpected.
The frequency of your backups depends largely on your business. If you have just a few transactions a week, a weekly or monthly backup may work well for you. However if you have more than that a daily, or [...]
