How To Prevent Negative Inventory Using QuickBook?
What is negative inventory? Negative inventory is a condition that inventory count shows that there are less than zero item in stock....
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Dec 19, 20173 min read
What Does It Mean To Have Negative Inventory?
Because inventory is closely tracked using computer systems, different accounting methods, etc. mistakes in the process can actually...
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Dec 18, 20175 min read
When/ How to Conduct a Physical Check Inventory ?
It goes without saying that accurate and timely physical inventories are one of the most important responsibilities in assuring making...
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Dec 15, 20174 min read
How to set up and create an Inventory Item in Quickbooks Enterprise?
Inventory control and usage may become actually complex, so depending on the needs of the company, other more sophisticated inventory...
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Dec 13, 20173 min read
Why is your QuickBooks Online balance different from your actual Bank balance?
If your QuickBooks Online register balance and your actual Bank balance don't match in QuickBooks Online, don't worry! There are several...
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Dec 12, 20173 min read
QuickBooks – Expenses vs Items
When using QuickBooks, one area that often leads to confusion is whether to use Expenses or Items when entering data into the program....
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Dec 7, 20173 min read
Double-Entry Accounting, Debit and Credit - Defined and Explained
While single-entry accounting is quick and easy to use, the standard method for recording transactions is double-entry. Double-entry...
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Nov 28, 20172 min read
Three Main Strategies for Cutting Your Tax
The goal of tax planning is to arrange your financial affairs in order to minimize your taxes. In this blog, we'll explore three...
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Nov 10, 20173 min read
Deducting Business Expenses
Business expenses are the cost of conducting a trade or business. These expenses are usually deductible if the business operates to gain...
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Nov 1, 20172 min read
QuickBooks Online versus QuickBooks Desktop
Choosing the right accounting software might be a fundamental decision having drastic effects on your company’s accounting processes for...
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Sep 25, 20162 min read
How to Start Tax Planning
If you want to pay the least amount of income tax each year, then it may be helpful to start doing some tax planning. Don’t worry - you...
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Sep 5, 20163 min read
5 Reasons to Reconcile Accounts Monthly
At some point along the lines, you're going to make a mistake. Some mistakes will be larger than others, but for the most part, what's...
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