CrackerJack Accounting

Money Strategist for Small Businesses

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Accounting for Customer Deposits in QuickBooks

June 8th, 2009 No Comments

There are a couple of ways to handle customer deposits in QuickBooks.
Method 1: Receive Payment Without Applying to an Invoice
If the customer hands you a check you, can simply receive the payment without applying it to an invoice. This will create a credit on their account. While this method will allow you to apply [...]

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CrackerJack News: QuickBooks ProAdvisor Certification

June 5th, 2009 Comments Off

I finally updated my QuickBooks ProAdvisor Certification. I’m now officially a Certified QuickBooks ProAdvisor for 2008 and 2009 versions. I even learned a couple of new tricks through the process.
I also recently became an MYOB Bookkeeping Partner. Unfortunately, MYOB is far behind Intuit in building out their training and tools for accountants and bookkeepers. [...]

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Your QuickBooks Reports are Probably Wrong

March 31st, 2009 Comments Off

Want to know my biggest beef with QuickBooks?  Well, really with the Intuit, “the makers of QuickBooks”.  It’s the marketing.  They constantly tell business owners that no accounting knowledge is necessary.
Don’t get me wrong, I think a lot of the data entry could and should be done by administrative clerks or do it yourself business [...]

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QuickBooks Online for Mac!

March 21st, 2009 3 Comments

Finally!  Mac users can use QuickBooks online.  Previously, QuickBooks Online only worked with internet explorer.  This week, Intuit finally released the online version that works on Firefox and soon will work with Safari.  Hip Hip Hooray!  There’s now a multi-user QuickBooks version for mac users.

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How FreshBooks Can Make Your Business Life Easier

March 3rd, 2009 Comments Off

FreshBooks® is an online invoicing system made for small businesses.  I’ve been using FreshBooks for 8 months and I LOVE it.  It really can make your business life easier.
I work with small business owners to help them get their accounts receivable under control.  Very often, there is a stack of past due accounts receivable.  [...]

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5 Ways QuickBooks Is Like A Garage

December 20th, 2008 Comments Off

There are some great tools in there…if you can find them.
Having the tools in there doesn’t mean you know how to use them.
Every once in a while, you have to clean it up.
You don’t want to be embarrassed when someone looks inside.
Some people shouldn’t be allowed in there.

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QuickBooks for Mac 2009 Coming Soon!

September 5th, 2008 No Comments

The 2009 versions of QuickBooks are due out soon and the mac version gets an upgrade this year too. Unfortunately, they didn’t include networking (multi-user) in this release. I’ve been working in both the pc and mac versions lately and it’s quite frustating that the mac version lacks a lot of the features of the [...]

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QuickBooks Invoice Templates

February 8th, 2008 7 Comments

Let me first say that I think QuickBooks is a great accounting software for small businesses.  It’s versatile and easy to use; you can’t ask for much more than that.  The main complaint I have is that it’s TOO easy to use.  I can’t tell you how many times I clean up QuickBooks files because [...]

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