Wyoming Business Tips for Sept. 22-Sept. 28
September 13, 2013 — A weekly look at Wyoming business questions from the Wyoming Small Business Development Center (WSBDC), part of WyomingEntrepreneur.Biz, a collection of business assistance programs at the University of Wyoming.
By Margie Rowell, WSBDC regional director
“Can you please share more QuickBooks tips to make me more efficient in my record keeping and save time?” Jason, Crowheart
This week’s blog post will share more QuickBooks tips to help manage your business records more efficiently. Please share your tips on our Wyoming Entrepreneur Facebook page.
-- Export QuickBooks reports to Excel spreadsheets in order to manipulate and format data in “what if” scenarios.
-- QuickBooks uses “right-click” menus in the program to save time. An example would be to highlight an entry in Chart of Accounts and right click to perform a multitude of tasks. You don’t need to always go to the toolbar menu.
-- Do you have a PayPal account? It should be set up like a bank account and reconciled each month. Money transfers from PayPal to your bank are just like any other bank transfer.
-- Use “Ask My Accountant” in QuickBooks. This is an excellent place to put transactions if you have questions or need to research.
-- Using QuickBooks memorized transactions will save you time. You can use memorize reoccurring transactions to automatically enter invoices, payables, deposits and checks which reoccur.
A blog version of this article and an opportunity to post comments is available at http://www.wyomingentrepreneur.typepad.com/blog/.
The WSBDC is a partnership of the U.S. Small Business Administration, the Wyoming Business Council and the University of Wyoming. To ask a question, call 1-800-348-5194, email firstname.lastname@example.org or write 1000 E. University Ave., Dept. 3922, Laramie, WY, 82071-3922.