Top 5 QuickBooks Mistakes And Measures To Avoid Them

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Top 5 QuickBooks Mistakes And Measures To Avoid Them

QuickBooks Mistakes desktop to online, Intuit QuickBooks Online Tech Support Toll Free 1800-9450-645

Intuit QuickBooks Online Tech Support Toll Free 1800-9450-645

Five QuickBooks Mistakes

QuickBooks accounting software is one-stop-solution for all your accounting problems and needs available under one roof. It is one of the best accounting softwares used by business owners and accountants across the country. It offers myriad customized features catering to the needs of varied clients it services. Moreover, it can be upgraded to QuickBooks cloud based accounting software that renders flexibility and additional benefits of multi-user accessibility, remote access and shared data storage.

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Intuit QuickBooks Online Tech Support Toll Free 1800-9450-645

However, if you are new to the accounting field and don’t have a fair idea about what is what, then getting familiar with the software might take some time. Where the thought of managing the accounts by yourself can be intimidating, knowing the common mistakes that a QuickBooks novice can make would give confidence to the user in advance. Apparently, as a result, the software would look less intimidating and easier to use in an effective way. Hence, through this blog we intend to make you aware and well-equipped with accurate knowledge that would help you transform from a QuickBooks novice to an accounting professional.

As we understand that going through a lot of features of software is little overwhelming, we have illustrated the 5 most common mistakes users tend to make when using QuickBooks using the following infographic. Steer clear by ensuring that you understand them:

 

  1. Not Reconciling Accounts: As the integrity of all of your accounts depend on reconciliation, it is difficult to assure that what is there in the account register is correct. Hence, it is indispensible to make reconciliation a regular habit.
  2. Not reviewing P&L And The Balance Sheet: Reviewing P&L and balance sheet provide valuable insights to the health of your business. Analyze the items and their respective figures and ensure whether income and expenses are in line with the norm.
  3. Not Backing Up The Company File Regularly: In order to take appropriate measures and precautions for unexpected problems that may arise anywhere anytime, one must take regular back up of the company file.
  4. Entering A Bill And Then Writing A Check: One must not confuse checks with bills. “Enter Bills” and “Write Checks” windows should be used for their respective purposes. For payments go to “Pay Bills”.
  5. Not Upgrading Software Versions: It needlessly costs a hefty amount to use older versions of QuickBooks. Many users commit this mistake more often. Upgrading to an updated software version has its own benefits as it is released with new tax laws and software fixes.


Are you still facing issues or committing mistakes that are generally overlooked? Are you unaware of the mistakes you are still making and want to figure them out? Then don’t fret! Committing mistakes is the part of learning and growing process. To learn more call us on our Intuit QuickBooks online tech support number 1-800-945-0645.

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