Category: Industry Solutions
QuickBooks Manufacturing with Fishbowl–Lot Numbers
I thought it might interesting to complement Charlie Russell’s recent QuickBooks manufacturing article (Quickbooks Manufacturing-Lot Number Workaround) with a similar one on the Fishbowl Manufacturing process using lot numbers. We will see that Charlie’s workaround of splitting lines to pick different lot numbers is systematized in the Fishbowl process. Editors Note: Fishbowl is an inventory [...]
Restaurant Accounting with QuickBooks: Recording Daily Sales
A restaurant’s success relies on an effective back office accounting system, and QuickBooks financial software can be a critical part of that success. QuickBooks can be used for purchasing, bill paying, tips tracking, gift certificates, cash management, time tracking, and payroll. However, restaurants that choose QuickBooks for their accounting will need to understand how to [...]
QuickBooks for Law Firms: Time, Expenses and Invoicing
We’ll wrap up our series on QuickBooks for Law Firms with a look at several topics: Tracking time, entering expenses, and billing clients. We started this series with an article on how to set up QuickBooks (desktop) for a law firm, an overview of how to deal with Trust transactions, and a review of some [...]
QuickBooks for Law Firms: Trust Reports
In our series on QuickBooks for Law Firms we’ve talked about how to set up your file for a law firm, and to handle Trust account transactions. Now let’s talk about some important reports. Trust Client Balance Summary A Trust Client Balance Summary shows the amount each client has in the IOLTA account: Select Reports [...]
QuickBooks for Law Firms: Trust Transactions
We talked about how to prepare QuickBooks for use in a law firm, now let’s talk about how to deal with Trust/IOLTA transactions. Most of the transactions in law firms (e.g., writing checks, making deposits, entering and paying bills) are treated the same as in other businesses. However, properly handling transactions related to the Client [...]
QuickBooks for Law Firms: Setup
QuickBooks Desktop is in use in thousands of small law firms throughout the US. The program is capable of handling many of the needs of these firms, as long as it is set up properly and transactions are entered correctly and consistently. This is the first of a series of articles in this blog on [...]
MISys Easy Purchasing for QuickBooks
Purchasing management isn’t the most developed aspect of QuickBooks, but for an inventory-centric business it can be a key issue. How do you know what items you need to purchase, and how many of each? Let’s take a quick look at some options that you have, including a new product that was introduced at the [...]
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