HOW TO USE QUICKBOOKS 2013 PDF
HOW TO USE QUICKBOOKS 2013 INSTALL
HOW TO USE QUICKBOOKS 2013 UPGRADE
HOW TO USE QUICKBOOKS 2013 VERIFICATION

If you do find yourself in a situation where you have to rebuild the data, do it in this order: Back up your data file, verify your data file, rebuild your data file. But when dealing with the file that holds the keys to the company's financial kingdom, others will hesitate.

In this case, you will have to go back to the older version and do a rebuild of your data.

HOW TO USE QUICKBOOKS 2013 UPGRADE

Sometimes, that verified data still will not upgrade to the newer version.

HOW TO USE QUICKBOOKS 2013 INSTALL

Better yet, install the new version side by side with the old version so you will always have a fallback.

HOW TO USE QUICKBOOKS 2013 VERIFICATION

However, to avoid any issues with the data file, make sure you run a verification on that file before you uninstall the old version or install the new version. Usually this will happen during the installation process and will require you make a backup first. Because of this, the data file must be updated. When you are upgrading QuickBooks from one version to the next, sometimes the earlier version's data file can't be read by the newer version.

HOW TO USE QUICKBOOKS 2013 PDF

Note: This article is also available as a PDF download. These tips may help you solve those issues before you lose your hair or your money. I do a lot of work on QuickBooks and have gathered some of the common issues I deal with almost daily. This complexity means that QuickBooks is prone to having problems. But QuickBooks is also a fairly complex application. It helps organizations manage their money, pay their employees, and pay their bills. Most provide a free initial consultation.QuickBooks is a crucial tool for businesses.

If you have additional questions regarding any aspect of QuickBooks contact our experienced QuickBooks consultant in your area for help. You are now ready to use the QuickBooks Loan Manager to set up your loan.

Create a Bank type of account to enter Escrow payments if needed.

Create an Expense type of account for Interest Payments and one for Fees and Charges вЂ“ if you have not set these up previously.

If you have already made payments against your loan, enter these now in the form of bills, checks or journal entries. Either way, be sure to include the original date of the loan. You have the most flexibility by entering the total amount as a journal entry. You can accomplish this by entering the dollar amount as your opening balance directly in your New Account window, or you can enter it as a transaction (an example would be a journal entry).

In your QuickBooks Chart of Accounts, create a loan account вЂ“ Enter the initial amount of the loan.

You also need to setup the lender as a vendor if you have not yet done so.

Set up your Loan in QuickBooks prior to using the loan manager вЂ“ You need to set up an account in QuickBooks for the loan itself, one for the interest expense related to the loan and another for escrow if appropriate.

Follow the instructions below to track your loans and repayments in QuickBooks Loan Manager: We love the fact that it allows you to compare a variety of loan choices by running вЂњwhat ifвЂќ scenarios.Д«efore you get started, there are action steps you must take prior to tracking your loan in the Loan Manager feature. In addition, the Loan Manager lets you make a payment for the regularly scheduled amount due, or additional payments. The Loan Manager in QuickBooks creates the amortization schedule for the loan duration and shows what portion of each payment applies to interest, principal and escrow. Each time you make a payment, the interest portion will gradually decrease while the amount going to the principal will increase. QuickBooks Loan Manager is an excellent feature in the software that tracks loans, repayments with compounded interest and principal installments for a specific period.

How to use quickbooks 2013