QB QuickTips

Building steady cash flow in your business is a key component of a stable, thriving company.

This video shows you the insider, time-saving method for handling the administration of an automatic billing system with QuickBooks to keep the cash coming in while barely lifting a finger!

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Additional Resource:

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Cash Flow Mastery Course – Essential online training for busy entrepreneurs who want to maximize cash flow in the least amount of time

With the end of the year upon us, there’s a lot of year-end recordkeeping that needs to get done. Among the tasks to be handled is issuing Forms 1099-MISC to your independent contractors.

This video will show you how to use QuickBooks to make it a breeze, even if your records are less than complete. You’ll learn what you need to do now so you can get it all done well before the January deadline.

Resource Links

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Independent Contractor (self-employed) or Employee? – helpful info from the IRS website

Downloadable Form W-9 – fill-in and printable

Forms 1099-MISC from Amazon

This special heads-up episode will protect you from a newly discovered security threat that affects  almost all QuickBooks users.

Click below to watch the video now….

Web Links mentioned in the video:

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Download the QuickBooks updates for 2007-2009 here:
http://support.quickbooks.intuit.com/support/productupdates.aspx

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If you’re running QuickBooks 2006 or older, upgrade to a current version of QuickBooks here
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If you’re runninning a non-US version of QuickBooks, you can download updates at these websites:

Canadian versions of QuickBooks
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UK versions of QuickBooks

In this latest installment you learn about this little-known feature in QuickBooks that can be a real lifesaver!

I’ll show you three distinct ways you can use the Pending Invoices feature  to increase cash flow and streamline operations. You won’t believe how easy this trick is to use.

Which method for using pending invoices will work for your business? Can you think of any other ways to use pending invoices to streamline operations? I’d love to hear from you!

Related QB QuickTips

Prepayments and Retainers in QuickBooks

Job Tracking with QuickBooks

Undeposited Funds is a mysterious account found only in the QuickBooks chart of accounts.

What is it? How does it work? Why is it a protection for you and your financial records? And the biggest question: How do you fix it when strange things start happening with your deposits?

Of course, all the answers are found in the video. Solve the mysteries and watch the video now!

If you’re having challenges with Undeposited Funds, comment below. If this is a topic that needs more explaining, I’ll do a follow-up video.

Always glad to hear your comments!

~Gabrielle

Sooner or later all business owners face the question of which type of business entity best suits his/her goals and priorities.

But after the choice has been made, how do you deal with the bookkeeping records?

Find out in this new  episode.

BONUS: There is also a BIG time saving tip included that you won’t want to miss for whenever you set-up a new company file (even if you’re not changing your business structure)

Resource mentioned in the video:

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Straight Talk About Business Entities – This multi-media program gives you the details every business owner needs to know about the different business structures available, in easy-to-understand language, along with helpful charts and decision tree.

This video is very timely, since today a MAJOR maintenance release for QuickBooks 2009 is available for automatic update.

In this edition, you’ll learn…

• The difference between an update and an upgrade
• How to check if your software is up to date
• The BIG change this latest update has in store
• How you know when it’s time to upgrade your software

Links to resources mentioned on the video:

What changes are included on the R8 Update

Download Link for installing the update outside of QuickBooks

Online Banking videos for 2008 and 2009

Online Banking 2009 Updates

Need to upgrade?

QuickBooks Pro 2009 – Get 1/2 off on Amazon.com right now

Do you want to maximize your profits?

Using the Job Tracking feature in QuickBooks is a powerful way to see exactly which of your customer projects is most profitable…and how to improve your margin on all your projects.

The latest mini-lesson is for you if you are ready to step up to streamline your production on client work, and thrive.

Got questions about how to use Job Tracking in your business? Have suggestions on creative ways to use this feature? I’d love to hear from you!

Just post your question or comment on this topic using the comment link below my name.

I’ll look forward to hearing about the results you’re getting with Job Tracking in QuickBooks!

~Gabrielle

Finally, and EASY way to get your QuickBooks file to your accountant!

Especially with the size of QuickBooks files getting bigger with time, it can become a real challenge to transfer your financial information electronically to your accountant. And then, when adjustments need to be made, it can be even more difficult to coordinate those changes without losing data or entering transactions multiple times.

Today’s QuickTip shows you how to solve all those frustrations!

Watch it now and you’ll learn just how easy it is to work with your accountant and keep your books in tip-top condition.

Have you used the Accountant’s Copy in previous versions of QuickBooks and had problems? What other difficulties have you had in sharing your financial information with your accountant?

I’d love to hear from you! Just comment below to contribute to the discussion and get the kinks worked out.

~Gabrielle

Tax season is finally past and if you’ve filed your taxes (you didn’t go on extension), this is a great time to close out last year’s books.

This episode shows you how to do it, WHY you should do it, and what to do if you need to make a change after you’ve closed out the year.

Have you ever closed your books in QuickBooks?

Did you run into any challenges along the way?

I’d like to hear from you! Be sure to leave your comments and questions about closing your books with QuickBooks.  Just use the comment link below my name at the end of this post.

~Gabrielle