Category: Technical QuickBooks

Consultants Reference Guide

New Data Corruption Problem in QuickBooks Enterprise V12 Cost/Price Update

Early after QuickBooks Enterprise V12.0 was released there were several bugs associated with the new Auto Cost/Price Update feature, which were reported as being resolved by subsequent updates. However, just recently a new error has started to show up and this error also seems to be associated with the Auto Cost/Price Update feature.

| March 12, 2012 | 29 Comments More

QuickBooks and Windows 8

Sheesh, I just got used to Windows 7, and now they are coming out with Windows 8? Now we have to worry about QuickBooks being compatible with ANOTHER operating system? I got hold of a “Consumer Preview” copy of Windows 8 and I’m trying it out with QuickBooks – let’s see how it works!

| March 1, 2012 | 14 Comments More

Does QuickBooks 2012 Condense and Period Copy Really Work?

QuickBooks 2012 introduced some big changes in how you can condense/compress your company file. I talked about this last September in an overview article about Condense and Period Copy. Since that time there has been a lot of discussion about this feature, so I thought it would be a good time to go back and [...]

| February 16, 2012 | 34 Comments More

2011 FORM 940 in Credit Reduction States who use QuickBooks Payroll

When preparing Form 940 in QuickBooks, I was surprised to find out that all of our California clients owed money! The reason for this is that California is one of the states that did not repay the money they borrowed from the federal government to pay extended unemployment benefits.

| January 25, 2012 | 1 Comment More

QuickBooks Enhanced Inventory Receiving–Inventory Offset Problem

If you have been following this blog you know that I have some concerns with the Enhanced Inventory Receiving feature of QuickBooks Enterprise V12. Let’s take a look at another potential pitfall when using this program, relating to the Inventory Offset account.

| January 17, 2012 | 7 Comments More

New Features in Intuit PaymentNetwork

Intuit PaymentNetwork (IPN) is an excellent option for receiving customer payments via electronic check (ACH) or credit card. It is simple to use and integrates well with QuickBooks. I love to use it – ACH payments with only a $0.50 charge per transaction and no percentage! Let’s take a look at some of the improvements [...]

| January 12, 2012 | 9 Comments More

QuickBooks Enhanced Inventory Receiving – Bill Linking Problems

QuickBooks Enterprise V12 introduced Enhanced Inventory Receiving, a feature that lets you separate an item receipt from a bill. This feature resolves a number of problems that people run into with QuickBooks, but I’ve been recommending that people look at the impact of this feature very carefully before implementing it. Once you select this feature [...]

| January 9, 2012 | 9 Comments More

QuickBooks Payroll – How to Adjust W-2s to Report Shareholder’s Health Insurance

When S-Corporation shareholders (those who own more than 2% of the company shares) are covered by the company health insurance plan (or a long-term care plan), the IRS specifies that the benefit is reported in box 14 on their W-2. Let’s take a look at how to handle this using QuickBooks payroll.

| December 29, 2011 | 24 Comments More

QuickBooks Loan Manager and Internet Explorer 9 – Another Fix

When Internet Explorer 9 (IE9) first came out, QuickBooks users were frustrated because the Loan Manager and Cash Flow Projector functions stopped working. IE9 wasn’t compatible with these functions. Eventually Intuit came out with a patch for this, as I described in my article QuickBooks Loan Manager and Internet Explorer 9 Problem FIXED. Unfortunately, this [...]

| November 28, 2011 | 2 Comments More

QuickBooks Desktop Feature Comparison Chart

I’ve been working with QuickBooks since 2005, but even so I sometimes get a bit confused as to what feature is found in the different flavors of the desktop product. It is a question that I’m asked often, and I’ve never found a complete, official list on any Intuit web site. So here goes, an [...]

| September 1, 2011 | 5 Comments More