It is common that accounting mistakes happen by human
mistakes when accounting is done manually. When it is done by software use, it
is likely that errors and problems occur due improper use of accounting
software program, its poor compatibility with the device, no coordination with
banks, tax departments, and printing
checks disorder, QuickBooks is such an accounting software which can make its
users face unexpected problems that affect the accounting decisions and
financial transactions and compel business owners immediately look for Technical
Support Help Desk for QuickBooks . Following are some of the common
mistakes that make business look for immediate solutions.
Chaotic chart of accounts: Group related accounts together
and keep them simple. Enter the lowest level account data rather than in the
parent account.
Jumbled "Items" List: Your software defines sold product(s) as
"items." So, clean up your items list by disabling the you don’t sell now; labelling
"inventory" or "non-inventory" correctly; checking amount
in stock; keeping the costs of all updated items; and tagging items accurately.
Unused Purchase Order System: It is common accounting
problem with QuickBooks. Take helpful suggestions from Technical
Support Helpline for QuickBooks. These include: Generation of PO with
buying of products from vendors; receipt of products against a PO; and
exclusion of entries over 1 year old in the PO report.
No reconciliation of bank accounts: With QuickBooks, you
needn’t enter transactions manually into QuickBooks. But, you need to monitor
all transactions to ensure if they are in the right place. Just open the
reconciliation module, check all transactions every month, and keep focus on
entries in double book-keeping.
No reconciliation with credit cards: Use reconciliation
section for credit cards and loans to solidify financial statements and check
your overall accounting of the strength of your business.
Application of deposits to invoices wrongly: Open AR against
the report to check balances with negatives that shouldn't be existed. And you
should know you are if you are applying deposits wrongly. Get payment against
an open invoice when you are paid by a customer.
Wrong application of payments to bills: Sometimes, you pay a
vendor but the accounts payable aging report indicates that you still be
indebted that vendor. It is likely that you may apply payments wrongly to your
bills.
As these common problems make things tough for QuickBooks
users, they always look for a reliable and 24/7 active QuickBooks phone number
where they get instant solutions. Intelli Atlas Inc. is such a perfect
independent tech support service providing company that employs a team of
QuickBooks experts and professionals who have the right authority and access to
resolve all these issues with a remote computer access. The team knows how to
reconcile with banks and credit cards, charting accounts and jumbled lists so
that you can take a sigh of relief and offer business owners a complete
customer support experience instantly.
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