Tag Archive for how-to

How To Record Point of Sale Reports in QuickBooks

New QuickBooks Retail Service Hospitality Guide Coming Soon! Currently, I am working on a written guide to describe in further detail how to record Sales reports in QuickBooks and QuickBooks Online with ease! Please sign up for my Retail QuickBooks Newsletter. When my NEW Retail Bookkeeping Guide is released, I will send you an announcement…

TAX TIP: Use QuickBooks Online to Ease Estimated Tax Nightmares

DID YOU KNOW? Figuring out estimated taxes can be a big PITA if you don’t have a bookkeeping system…and doing your own books can be even more overwhelming….until now! If you pay estimated tax, and your income fluctuates, you may wish to adjust estimated tax installments you owe throughout the year, say if you’re not earning as…

Use QuickBooks for your Retail Business

It doesn’t matter what type of cash register or POS system you may use in your retail business, it’s easy to integrate it with Quickbooks to record your daily sales activity off of your POS or cash register’s closing reports. (This is Second of a Two-Part Series on Retail Bookkeeping & Accounting. You may wish…

QuickBooks How-To: Voiding a Check

When you void a check, QuickBooks: changes the original amount of the check to “0.00” adds the text VOID: to the beginning of the Memo sets the cleared flag, Clr When you’ve specified that your books are closed through a given date, in addition to performing the above steps, QuickBooks gives you the option of…

Retail Bookkeeping: End of Day Reporting

No matter what cash register, software, or point of sale system you may be using for the store, you should be pulling daily reports from it that can be used to reconcile your daily sales and enter other critical financial information into your Quickbooks company file.
This not is the only way to get accurate financial statements that will present a complete picture of your retail operation’s profitability and value, but it’s the most cost effective and common way for small businesses to manage their day to day bookkeeping.