Tips & Tricks

Welcome to Our Blog !

I hope you will not only enjoy of Blogs, but find them very beneficial to you and your business.
We will continue to provide valuable content on many levels. Let us know if there is a topic you would like to see here at:  Blog@QuickBooksRus.net.  Enjoy !

Can It Get Any Crazier ?!

If you have never experienced the loss or the sabotage of your data ... consider yourself lucky. It is not worth the risk of the loss of your data compared to cost of preventing it from happening. But what are your options ?

Is The Risk Really Worth It ?

If you have never experienced the loss or the sabotage of your data ... consider yourself lucky. It is not worth the risk of the loss of your data compared to cost of preventing it from happening. But what are your options ?

S-Corp Officer Medical Insurance

If your company is a S-Corp or files taxes as a S-Corp, you must handle medical premiums paid by the company for Officers with at least 2% stock ownership in a very specific way. We even find many CPAs and Accountants are not aware of this and how to setup properly in QuickBooks ...

Handling Short Pays & Sales Tax Credits

If you are a collision repair facility you may be concerned that your data you generate with your estimating systems and management systems is being collected, aggregated and sold to many companies. "Big Data" is among us, and it is used often against our industry.

Loans, Leases, and Depreciation/Amortization Mistakes

We hope your Holidays were filled with good times, and you are ready for a great new year to take off.

Distributing Complex Bills in QuickBooks (Part 1)

When analyzing your financials it is very important that expenses are categorized correctly and expenses are assigned to the correct month. This isn't always that easy when some expenses are for different areas of the business and the amount of the expense is for more than the month it was paid. There are important processes to put in place to correct this.

QuickBooks Payroll Options to Think About

If you are using QuickBooks, the most obvious selection is to use Intuit Payroll. There are three basic Intuit payroll options … Basic, Enhanced, and Full Service.The Enhanced is the most common option used by small businesses since it included the tax filing forms for State and Federal, where the Basic option does not. However, this means you are responsible to do the payroll using Intuit’s tax tables, pay your taxes on time, file all the returns, pay at least $400.00 – $500.00 each year for tax table usage plu per employee fees each pay period, and a required QuickBooks upgrade every third year.

There are very good 3rd party Payroll Services that take the tax filing and report filing responsibilities and liabilities for you. This can free up valuable time and resources for you....

Eliminate Credit Card Processing Fees !

How much does it cost your business to accept credit cards ? How often do your customers receive the insurance checks, deposit it, and charge the whole bill on their great "Cash Back" Card ? This doesn't have to happen and you can even eliminate all credit processing fees if you wish while accepting all credit and debit cards ! This is no gimmick, it is real.

Fix Your IT Infrastructure and Quit Wasting Money !

Your IT Infrastructure - When computers first entered our industry, most of the industry still was in the 1970's in understanding what the future was to bring. We have seen so many poorly designed and maintained systems in our industry. Some of our clients are being almost held hostage by an IT company maintaining their system, and all at a very high cost of operation.

Don’t Buy Pre-Printed Checks Again !

Are you currently buying pre-printed checks for your business ? If so, you are wasting hundreds of dollars each year ! This is the best solution there is for printing checks from QuickBooks.

Financial Insights & Improving Your Business

If you are a collision repairer most likely you either do not spend much time looking at your financials or understand your financials. This introduction eBook is where you should begin ...

Check Your Company File Health

We are just now arriving at the mid-point of the last quarter of the year for most businesses. By this time you should have already analyzed your projected year end financial results and looked at your probable tax liability for 2018.

Stop P&L Roller Coaster (Part 3)

In this month’s QuickBooks & Tricks we will finish the series on why many clients get frustrated about how their Profit and Loss each month moves up and down like a roller coaster, but the business by all indications is doing the same.

Stop P&L Roller Coaster (Part 2)

In last month’s QuickBooks & Tricks we looked at two very common improper postings that will cause your P&L to move each month like a roller coaster, and how to fix them.

Stop P&L Roller Coaster (Part 1)

Does your P&L move each month like a roller coaster ? One month your profitability looks good and the next it is in the dumps, but you know your business is doing the same ?

Is Your Company File Healthy ?

Is Your Company File Healthy ? What you should know and do before you get a really SICK File.

Protect Your Data Too !

How to Keep Your QuickBooks Data Safe Its important your QuickBooks data is accurate… Make sure it’s safe, too !!

Receiving Customer Payments: Your Options

It’s one of your more pleasant tasks as a QuickBooks user: receiving payments from customers. Here’s how it works …

Are You Memorizing Transactions? Should You Be?

You know that QuickBooks saves a lot of time. But have you explored how it does so by memorizing transactions? Your accounting work involves a lot of repetition. You send invoices. Pay bills. Create purchase orders. Generate payroll checks and submit payroll taxes. Some of the time, you only fill out those transaction forms once. You might be doing a one-time purchase, like paying for some new office furniture. Other times, though, you’re paying or charging the same companies or individuals on a regular basis. QuickBooks contains a shortcut to those recurring tasks, called Memorized Transactions. You can save the details that remain the same every time, and use that template every time the bill or invoice is due, which can save a lot of time and improve accuracy. Here’s how it works. Making Copies To memorize a transaction, you first need to create a model for it. Let’s