Category: Working with QuickBooks
How to Record Sales on Consignment in QuickBooks Part 4 – Consignee – Sales Transactions and Reports
We’ve talked about how to set up items for consignee sales in QuickBooks, now let’s look at how to record sales transactions for the consignee. The example in the video above and that you are about to read about comes right out of The Sleeter Group’s QuickBooks Consultants Reference Guide. When you receive consignment goods [...]
How to Record Sales on Consignment in QuickBooks – Part 3 – Consignee – Setting up Accounts and Items
Now that we’ve seen how to deal with the Consignor side of recording sales on consignment in QuickBooks (Consignor – recording sales and Consignor – sales transactions and reports), let’s talk about how to work with QuickBooks if you are the Consignee. The example in the video above and that you are about to read [...]
How to Record Sales on Consignment in QuickBooks – Part 2 – Consignor – Sales Transactions and Reports
Now that you’ve seen how to setup QuickBooks for sales on consignment you are ready to start entering transactions for selling inventory as consignor. Remember that this amounts to managing and tracking your inventory, which means being able to keep track of what you have in stock vs what is out on consignment. You need [...]
How to Record Sales on Consignment in QuickBooks – Part 1 – Consignor
Many retail businesses are engaged in the practice of selling on consignment. This means that the owner of the products places them in the hands of a store owner and that store owner only pays for the goods they sell. This keeps the risk entirely on the owner of the goods and not the person [...]
Hosting QuickBooks Desktop Editions – The Good and the Bad
With the accounting industry moving towards cloud computing and fully online working models, users of Intuit QuickBooks desktop editions may believe that their best option is to migrate to a web-based edition of the software rather than continuing to use the version of QuickBooks they have come to rely on. While QuickBooks Online Edition may [...]
QuickBooks Online Document Management with SmartVault
For many businesses Document management is a key function. You need to store important documents securely, and in a way that lets you retrieve them easily. You need to be able to access them while you are in your office as well as when you are traveling. You need to easily share documents with clients, [...]
Prepare Your Form 1099 MISC Online and Paperless
How to Prepare, E-Deliver, and E-File Your 1099-MISC forms in 2013 Every business needs to prepare, deliver, and file FORM 1099 MISC for their non-corporation vendors. In the past, the time and costs of preparing, printing, mailing, and filing 1099 has been quite onerous. In my last post, I covered the basics of setting up [...]
How to set up 1099 tracking in QuickBooks, QuickBooks Online, or Xero
Form 1099 MISC is a Federal “information” tax return that all businesses must produce for every non-corporation vendor (individual, partnership, or estate). Today we’ll talk about how to set up your 2013 1099′s in QuickBooks for Windows, QuickBooks Online, and Xero. See my post about using Track1099 for details on preparing, e-delivering, and e-filing FORM 1099. [...]
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