![]()
Use Budgeting – One of the most powerful and least used tools in QuickBooks are the budgeting tools.Profit and loss statements, Statement of Cash Flow, A/R Aging Detail, and Sales by Class.) Using these reports will allow you to see more detail than a dashboard, and can give you a big picture view of the health of your company. View reports regularly – There are key reports that you should view regularly (e.g.They can also enable you to quickly identify problems and opportunities in real-time. Dashboards offer a quick and easy way to see important information at a glance. Use dashboards – One of the ways you can save time is by using the dashboards built into QuickBooks.Use 2-factor authentication – An option for QuickBooks online is to require 2-factor authentication.Be sure to change passwords at regular intervals and be sure to routinely backup your QuickBooks. ANTIVIRUS SOFTWARE CATEGORIES QUICKBOOKS PCUsers should log-off of QuickBooks and their PC when not in use. ANTIVIRUS SOFTWARE CATEGORIES QUICKBOOKS SOFTWAREThe computer and QuickBooks should be “patched” with the latest hardware and software updates from the vendor. If the system has access to the internet, it should be behind a firewall. The use of thumb drives should be restricted. For example, no unapproved outside software should be used on a machine running QuickBooks. Policies – Strict policies should be enacted and enforced.Each user should have their own credentials, so access can be logged and monitored. Limit access – Access to QuickBooks should be limited to individuals who have legitimate reasons for using it.Virus protection – Any machine that is running QuickBooks should have antivirus/antimalware software that is kept active and up-to-date.In addition to keeping your system(s) physically secure, you should also keep them secure from electronic intrusion. If you have QuickBooks installed on a single computer, keep that computer in a secure environment with limited access. Keep your QuickBooks secure – This one is common sense.It will also simplify financial reporting and tax preparation. Using these capabilities, and using them correctly, can make your books more accurate and insightful. Use Classifications (Correctly) – QuickBooks allows you to classify transactions into categories.It is not uncommon for organizations to have outstanding items that are years (and some cases even decades) old, that should no longer be there. It is advisable to routinely review your Accounts Payable and Accounts Receivable accounts to ensure that the balances are accurate. Deactivate old users that no longer access your QuickBooks – this can not only clean up your system, but will also help keep it secure. Clean up items such as unused payment types. For example, this could include discontinued products that have no inventory balances, and discontinued vendors that have no outstanding payables. Remove (or make inactive) old, outdated information. Clean up your data – One of the first things you should do is clean up your data.The following is a list of best practices you should consider implementing for your small business: To get the most out of your investment in QuickBooks, you should look at using more of the systems features while avoiding some of the common mistakes. ANTIVIRUS SOFTWARE CATEGORIES QUICKBOOKS FULLLike most software packages, most users do not take advantage of the full capabilities of the system. In fact, QuickBooks is the market share leader for small business accounting. If you are using QuickBooks, you are not alone. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |