QuickBooks is one of the essential software’s out there for most business owners. It has made accounting easier for all types of businesses, and therefore, it is very important to be acquainted with this software. Here are some quick tips on how to use this software and we, at Opulent Accountants, can do exactly that:
Use ProAdvisor
Many successful businesses use ProAdvisor along with QuickBooks for their services. ProAdvisor helps to connect you with a nearby accountant. Melbourne and adjacent areas have many lucrative businesses that use ProAdvisor and QuickBooks for their accounting needs.
Use Multiple Browser Windows
When you use multiple browser windows, you can quickly go back and forth between screens and simultaneously deal with multiple transactions and concerns. You can open these windows on the same browser, on different browsers, or use Incognito mode.
Memorize Keyboard Shortcuts
Keyboard shortcuts are essential for efficient work on QuickBooks. For example, you can use CTRL + ALT + X to open the Expenses Window, or you can use CTRL + ALT + R for the window to receive payments. Using the mouse or tracking pad to switch between windows is more time-consuming since precious seconds are essential in these quick transactions.
Connect To All Business Accounts
Yes, you need to link your main account to QuickBooks, but you must link every account associated with your business. You can even add alternative payment methods such as PayPal to your QuickBooks.
Reconcile Your Account Every Month
As soon as you receive your bank statement for the month, start reconciling your accounts to check for any discrepancies. These could include miscategorisation and duplicated entries which could cause inaccuracies to appear on the final statement. Practicing reconciliation monthly is essential to smooth accounting practices in your business. Once you start practicing this regularly, it will be easier to keep up with the discrepancies.
Conclusion:
We at Opulent Accountants can provide you with the best accounting services you can find in Australia. With our help, you will easily be able to navigate all your business needs successfully.
