If you discover that a payment you entered into QuickBooks was applied to the wrong customer, then you need to edit the payment. However, if the payment was already deposited into the checking account in QuickBooks, then you cannot edit the payment. So how do you fix it? I created this quick video to show you how to edit and correct the payment and maintained the cleared status of the deposit if you have already reconciled the bank account. Read more
QQube™ 5.1 – the most complete data warehouse for QuickBooks – has been released.
According to founder Chuck Vigeant M.Ed., ‘this is the most efficient, most powerful release to date. We made over 60 improvements, additions, and fixes from version 5.0 including refresh algorithms that are up to 90% faster in certain cases. This was an ambitious agenda for the last two months, and we succeeded.’ ‘We were excited about the 5.0 release, but soon realized that we needed to make improvements to make it a better customer experience.’ Read more
One of the most common mistakes people make with QuickBooks involves Undeposited Funds. Do you have a growing balance in Undeposited Funds? Do you have lots of payments in Undeposited Funds? Have you tried to fix it with a Journal Entry and discovered the payments are still showing up to be deposited? (you can’t fix Undeposited Funds properly with a Journal Entry in QuickBooks). Read more
Having your own business is hard work, but there is a smart way to serve clients well and make the income you want without putting in hundreds of hours per week. The skills and tools you need to move from one level of income in your practice are different from the ones it took to get where you are. Stop relying on peers who are at or behind your level of income and start relying on mentors like Michelle and Sandi who have already been where you want to go and are fully dedicated to serving the accounting profession. Read more
Starting May 1st Michelle Long, MBA, CPA and Chuck Vigeant M.Ed. will bring you weekly webinars of 90 minutes to explore advanced features in Excel (Week 1 and 2) and provide deeper knowledge of the information that QQube provides in the area of Job Costing, Inventory Management, and Financial Analysis (weeks 3 thru 5).
All webinars are free, start at 11:00 am central time and will be recorded. Space will be limited to accommodate questions and answers within the planned 90 minute time slot.
NOTE: If you cannot attend the live webinar, register anyway so you receive the email with the link to the recording. You will not prevent someone else from attending the live webinar. Read More
It’s super-easy to grow your business as big as you want and without struggle. All you need to know is the right set of skills. Unfortunately, they’re not accounting skills – they are practice management skills. And that’s one secret to growing a business that most entrepreneurs never learn.
There is a second secret: that it’s not that hard to learn these practice management skills. The problem is most people don’t know that that’s what will help them leapfrog their revenue and serve their clients better. Read more
Multiple monitors are GREAT! It can really help your productivity or allow you to keep up with social media posts on Twitter or Facebook. Regardless of how you use multiple monitors, when you travel or are away from the office, you really miss the additional monitor. I love being able to use my iPad as an additional monitor when I travel. Read more