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Eberhart Accounting Services, P.C.
Tax Specialists
expert@eataxes.com

Tips for Using QuickBooks

Quickbooks is a wonderful accounting tool, but it is truly a case of 'what you put in is what you get out'. At our firm we prefer to work with Quickbooks 99 and above. These releases have an accountant transfer utility that makes a copy of the data for the accountant and then will allow the accountant to import changes back to the customer.

1) When creating the payroll liability accounts, make a separate account for each taxing body, then any time you look at your balance sheet, you know how much you owe to each agency. This is helpful because each agency may have timing differences regarding when the taxes are due.
2) Be consistent regarding how you pay bills. Enter bills as you pay them or as you get them. If you keep changing your data entry procedures, you may have some outstanding bills listed that have already been paid.

Click the QuickBook image below to order the latest QuickBooks program. You will get discount off the list price by ordering through our web site. The fastest, easiest way to manage your business. #1 Best Seller.

Just for fun...

Three people were interviewing for a position. The interviewer asked all three the same question, "What is one plus one?"

The mathematician answered:
   "Two. That is the exact answer."
The statistician answered:
   "Two, with a variance of plus or minus .99."
The accountant answered by:
   Going to the door and looking out the hall, then shutting the door. Going to the window and drawing the shades. Then leaning over the interviewer and asking, "What do you want it to be?"