Angila Pline
Hey, I’m Angila Palin. I’m a Content Writer living in the United States. I am a fan of technology, design, and entrepreneurship. I’m also interested in movies and web development, Hosting.
QuickBooks Customer Payroll Options. In this article, we will share the knowledge regarding Intuit’s payroll options so that you can select the best option for your clients.
Running the payroll inside of QuickBooks or by using a product that imports into QuickBooks program is a very cost effective way for your customers to pay their employees. Integration reduces the errors and saves your time in filling the entries into your customer’s checkbook easily. It makes the bank reconciliations a breeze. All the following options will allow your clients to run their payroll, pay their employees, or print paychecks and/or pay their subcontractors by direct deposit. Within the financial products, your clients can keep their payroll confidential by selecting the proper user login permissions.
How It Works : Memorizing The Transactions In QuickBooks. We all know that QuickBooks saves us a lot of time and effort.
However, have you ever wondered how it works by memorizing the transactions? The accounting related tasks involves a lot of repetition. Like sending invoices, paying bills, creating purchase orders, generating payroll checks, and submitting payroll taxes. However, sometimes, you only have to fill out the transaction forms once. May be you are doing a one-time purchase, such as paying for a new office furniture. QuickBooks Desktop contains a shortcut to the recurring tasks that are called Memorized Transactions. Now, here we will talk about how it works. Making Copies To memorize the transactions, first of all, you need to create a model for it. Now, fill up the blanks and then select from the drop-down lists to create the bill.
The name of the vendor will already be filled in the Memorize Transaction screen and you can look directly below that. 1) Add to my Reminders List: 2) Do Not Remind Me: 3) Automate Transaction Entry: Tackling Changes In Sales Tax Rates in QuickBooks. In California, the sales tax rate is going down by 0.25% statewide effective January, 2017.
It has been noticed that your bookkeeping clients who file sales taxes, can make the rate changes in their QuickBooks files. However, this is more complicated than it seems. To Edit or To Replace : There are two opinions on the preferred method of changing sales tax rates in QuickBooks. One is, you can either edit the existing sales tax rate to the new rate, or you can make the current rate Inactive, and create a new sales tax rate.
Recommended preference has always been the latter, as you work exclusively in QuickBooks Desktop, and want to preserve the integrity of the sales tax reports, so this is the best option by making old rates Inactive and creating the new rates as required. By this way, you are able to run a Sales Tax Liability or other report of a previous period. In any case, a little change in the rate of a Sales Tax Item/Component, as recommended by Intuit, seems like a logical choice. What is the Use Of Snapshots in QuickBooks. QuickBooks offers various ways to get the information related to the customers, and their payments, as well as your company itself.
The QuickBooks’ Snapshots cater quick and thorough overviews. What will you do when you have to get the information in QuickBooks about your customers or about the payments that they’ve made in QuickBooks? In that case, you have several options. For example:- Create a report Go to the Customer pages Click on the Receive Payments which is on the Home Page and then use the Find arrows. What is the Use Of Snapshots in QuickBooks. Should I Switch To QuickBooks Premier From QuickBooks Online? There are a number of SMBs who are confused regarding the matter of which QuickBooks program they should go for, QuickBooks Premier or QuickBooks Online.
According to QuickBooks, QBO is preferred but most of the users want to Go for QuickBooks Premier. Switching from QuickBooks Online to Premier is not an easy task. Intuit inc. sells their QuickBooks Online as a subscription service, and it is always trying to push as many QB users to Online as possible. As a subscription service, Intuit inc. receives payment on a monthly basis, which provides Intuit a steadier flow of income. However, we all know that QuickBooks Online is not a robust enough program for the ad specialty distributor business. Right now, for the ad specialty distributors, QuickBooks Premier is one of the best QuickBooks products. With QuickBooks Premier, you can purchase the software once and the Intuit inc. will support it for at least three years.
The ad specialty business is quite complicated. Author Profile Angeela Palin. Cloud Hosted Sage 500 ERP. 3) Sage 300 Cloud Hosting. Sage 100 In The Cloud. Sage 50 Cloud Hosting Provider. QuickBooks Hosting - Quickbooks Cloud Server - Quickbooks Hosting Service Provider. QuickBooks Enterprise Hosting Service Provider 2017.