Processing Payroll in QuickBooks Desktop

Payroll is a central part of running your organization and will likely be your largest expense. Due to the complexity of tax law, state and federal withholding, and reporting, many companies outsource the function to a payroll processor, such as ADP or Paychex. This...

Reconciling Bank And Credit Card Accounts in QuickBooks Desktop

You should reconcile your bank and credit card accounts at least once a month, when you get your statement. You can start a reconciliation from the home screen of QuickBooks, and should complete it soon after you receive your statement so you can identify and follow...

Managing Accounts Receivable in QuickBooks Desktop

Accounts receivable represents money that you’ve billed customers for, but they haven’t paid yet. Keeping track of who owes you money, and how much, is critical to staying in a financially healthy position. The main functions to record in QuickBooks are invoices,...

Managing Accounts Payable in QuickBooks Desktop

QuickBooks gives you 2 options for how to pay bills you get from vendors. The faster way is to use the Write Checks function, put in all the information, and print the checks. While this can save you some time, there are some advantages to using Enter Bills and Pay...