5 Must-Know Tips for handling QuickBooks

 If you’re looking for an easier way to handle the accounts, then you’ve heard about QuickBooks. This software is known for its UX, user-friendliness, and security – this is why it’s the go-to choice for several Accounting Outsourcing services. These professionals use it for everything from managingthe employment of records tobanking integration.

If you’re an individual just getting used to QuickBooks, then you’re in for a challenge. People using QuickBooks Ukraine for organizing finances have suggested these tips to speed things up.

Starting with the basics

Get comfortable with QuickBooks by starting with the basics. This software features a 'Getting Started' section filled with tutorials. It shows you how to move around inputting costs, bills of the organization, and others. They're practical, easy to follow, and worth investing your timein them.  

If you’re done with the basics, try theProAdvisor service connected withQuickBooks. This lets you connect with real accountants for more advanced help with bigger numbers. They can advise you on issues like expense offsetting,tax requirements, and business structuring. 

Input correct information

Enter in the correct information – your Tax ID, calendars, reporting forms – to avoid issues later on. Use the ‘Company Tab’ to do this and get back more relevant recommendations. The same goes for the Customers Tab as well. Use this to organize buyers and their payment methods for faster reconciliation orinvoicing. The software can be used for payroll -tax payments,deductions, andbenefits. This part goes in theEmployees Center under the‘Employees Tab,' where you can view ‘reporting.'  

Customizing QuickBooks Layout

The top outstaffing services inUkraine suggest using the new QuickBooks versions that have a customizableinterface. Here, you need to make adjustments to a layout or recreate them using the Desktop View. You can even adjust what you see on theIcon Bar. With the right icons on hand, you see only the links that you use the most and can be changed in theCustomize Icon Bar settings.

Handling payment data

QuickBooks accepts direct payments with minimal fees. You can even connect the software to your company bank account. You can find information related to credit memos,invoices, and payments in the Transaction History under the Reports setting. QuickBooks can automate regular transactions too. You can tell the software to memorize transactions by clicking on the List setting. Then QuickBooks begin to pay bills, sending out invoices periodically. You could streamline your bill payments via the online bill payments option. 

Printing Checks and Batch Invoices

Batch Printing enables the printing of many invoices simultaneously. You simply create invoices, then click on Print and then Print Batch. Then you choose how many copies of the invoice have to be made. QuickBooks lets you print out your own checks to save on time and money. You will find this under the Banking Tab and then the Write Checks option. Next, choose the Print option under it.