by Ibanessa S Hogan | Blog
A Cash Budget is simply a way of keeping track of your incoming flow of money and your disbursements (outflow) per month or week. It’s a real-time inflow and outflow cash management system. It is not a budget, budgets have another purpose, besides they are static. You...
by Ibanessa S Hogan | Blog
Do You Need to Bundle Products in QuickBooks? Create Assemblies If you frequently sell multiple inventory items grouped together, you need to learn about QuickBooks’ assemblies. Let’s say you run a home improvement retail outlet, and one of the things you sell is...
by Ibanessa S Hogan | Blog
For the financial information to be accurate, particularly for the investors who will rely on it to the extent of making investment decisions, companies include noncash items in their accounting reports. This is particularly true when using the accrual method of...
by Ibanessa S Hogan | Blog
You’re accustomed to money going in a certain direction, but sometimes you have to pay your customers. Here’s how it’s done. QuickBooks is very good at helping you get paid by your customers. It comes equipped with customizable invoice templates for billing customers...
by Ibanessa S Hogan | Blog
When we want to know how our business is doing, we quickly tend to look at our Profit and Loss report. By the way, it is perfectly fine to look at this report because it allows us to see how much sales you generated in the year, why certain expenses are so high, which...
