So, guys, here we are telling you some QuickBooks tips and tricks in 2020 to make your accounting easy and fast but first, you have to understand how it works.
QuickBooks accounting software helps small businesses and medium-sized businesses to manage their daily accounting. You can pay your bills, filing taxes, pay and maintain your payments, create an invoice and much more with the help of QuickBooks. In short, It is a full-fledged package for a businessman to save his/her time and energy. As it is handy in nature so you do not have to carry a pen, book, copy, etc. Just install the QuickBooks apps and keep your phone in your pocket and whenever or wherever you need to feed anything or to pay a bill simply just take out your phone and do your stuff very easily. Now let’s take a look at these tips on QuickBooks to simplify your daily business life:
Top 7 Quickbooks Tips and tricks for 2020 to Simplify your Life
These are some amazing tips I am using for QuickBooks and trust me you know them better how these can help you and make QuickBooks very easy to use.
Tip no.1- Get to know the basic features of QuickBooks.
QuickBooks Online tutorials: If you have any doubt while using QuickBooks you have an option of online tutorials for QuickBooks training from where you can get to know about the software and how the software manages all the work like bills, accounts, cost and so on.
Tip no. 2- Built your QuickBooks according to the way you need it.
“Why waste time unfailingly?” If you have an option to build/customize your spreadsheets, your invoices, your bills, and your plans then why reinventing the wheel again and again.
[We are mentioning sope points that are certainly going to support you:]
- Layout customization: Some people prefer the older versions of Quickbooks rather than the new version because they face problems while using the newer version. So, there is no need to get worried about it you can get back to your older version of Quickbooks instead of the new version in just 2 steps:-
- Click on View → Top Icon Bar.
- Click on Edit → Preferences →Desktop View
- Customization of Icon bar: In this, you have an option to include, expel, or alter the symbols as indicated by your needs. You can choose which links appear in your icon bar. So in this manner, you can choose the links which are your most loved or you utilize the most and accordingly supports your effectiveness.
Tip no. 3 – Print Checks from Quickbooks.
Why wasting time and money on printing checks. Print your checks in QuickBooks if you want to make your monthly reconciliation easier. Boost your ability by lessening irrelevant data entry. It will keep your income updated and the monthly settlement will be much easier. Not any more paying check expenses to your bank. To print checks on QuickBooks –
- Go Just go to the Banking Tab
- you can see the write checks option in the banking tab.
- now print the checks.
Tip no. 4- Quickmath Calculator.
A quick math calculator is a hidden calculator. So, to use this calculator just type your digits those solutions you want and then press the relevant sign (+,-,*,/) and continue to the next digits till you are done, and once done press “=” key you will get the result.
Tip no.5- 1099 Vendors.
1099 vendors is a facility offered by Quickbooks. With the help of this feature, you can defeat your time loss at the end of the year. 1099 Vendors feature will definitely be going to help you if you deal with contractors, you will be able to sort your payments and taxes from the initial phase of the year and also print alignment for 1099 forms.
Tip no.6- Use ProAdvisor
Here’s a tip for businessmen simply beginning with QuickBooks – Take help from an Intuit Certified QuickBooks ProAdvisor. ProAdvisor is a segment of the QuickBooks Intuit Package and interfaces you with a nearby accountant (contingent upon where you live) who can help to solve your problem you’re facing from the software. They can likewise guide you on issues like tax necessities, balancing of costs and business structure.
Tip no.7- Security
Security is the most important key point for anything that is sensitive, it can be your data, your financial records, etc. Everything should be secured and for security, you can put a password or a passkey but it should be strong. By doing this you can do your work and save your records patiently without any fear and headaches.
QuickBooks also helps you in online banking so it is possible for a hacker to hack your account and get all the sensitive details that can make you suffer in the future. So, you should change your password in a couple of months.
For changing your password in QuickBooks simply you visit “YOUR ACCOUNT TAB” and go then “CHANGE PASSWORD”.
As QuickBooks is widely used for business accounting purpose you should know about these QuickBooks tips for beginners or even if you are already a QuickBooks user from a long time. Using there mentioned above QuickBooks tips and tricks will obviously help you out and make more efficient use of the software. And as we all know to learn any new thing whether it is financial software or anything, you want to learn takes time and hard work. In the end, I hope this post will help you to work with QuickBooks in a different and secure manner. If you have any related queries and facing any other issue, you can write to us for QuickBooks help. We can help you to learn QuickBooks fast and take care of your related issues also.