Power-packed features and unlimited benefits have made QuickBooks the most sought-after accounting software in market. It is ideal for both small and medium businesses, and can help you chart your business finances with ease. However, not everyone is a pro at QuickBooks and need help when working with different features of the software. So whether you want to learn how to accurately record your financial data or quickly file tax forms, these 15 tips will help you become a master at QuickBooks.
Tip 1: Choose your desktop
The default screen of QuickBooks looks like one borrowed from an accounting class. However, you can customize it to suit your needs. To change QuickBooks desktop screen,
- Click on Preferences
- Now click on Desktop View and select the startup screen
- Click on Save to apply changes.
Tip 2: Modify your icon Bar
The QuickBooks default interface may contain icons that you would never use. So, it’s best to modify the Icon Bar to add icons of your choice. This will make your interface clean and easy to use. To customize the Icon Bar,
- Right click on the Icon Bar
- Click on Customize Icon Bar
- Now add or remove icons according to your needs.
QuickBooks also gives you the option of creating new icons. For this, click on the Add button to create new icon and write a label for it.
Tip 3: Speed up your search
Search feature in QuickBooks lets you find items in your company file or program’s help files. By default, the search field appears in the top icon bar. But QuickBooks allows you to customize your search option by clicking on Preferences. You can specify whether you want to find your item in company file or help file without asking you every time. By clicking on the Company tab, you can also specify how often should the software update your company file indexes.
Tip 4: Use keyboard shortcuts
Keyboard shortcuts can help you save considerable time while working on QuickBooks. Here’s a list of some of the most commonly used keyboard shortcuts that can make your day-to-day accounting easier and faster:
- Ctrl + I : Create invoice
- Ctrl + E : With this you can modify entries already made in the register
- Ctrl + F : Use this to find entries
- Ctrl + J : This can help you open up your customer center with QB
- Ctrl + M : Used to Memorize entries
- Ctrl + N : Create new invoice, or bills
- Ctrl + R : Display the window of your registers
- Ctrl + Q : Helps you get Quick reports
- Ctrl + T : Want to have memorized entries displayed, use this
- Ctrl + W : Write a new check
Tip 5: Automate form entry
This is an absolute time saver! If you have recurring transactions every day, QuickBooks makes it easy to schedule them automatically, without manual intervention. To create recurring invoices:
- Create a Recurring Transaction
- Select Invoice and click OK
- Now click on Memorize icon
- Now from the How Often drop down menu, choose how soon you want this transaction to reoccur: Daily, weekly, monthly and so on.
- Complete the rest of the form and then click OK to save
Tip 6: Customize your templates
Invoices, purchase orders, and sales receipts are all known as templates. QuickBooks allows you to customize your templates for added convenience. For this,
- Click on Gear Menu
- Go to Settings and select Custom Form Styles tab
- Click on Edit from the sub menu to make changes in the existing Custom Form Styles page
- Choose the template you want to use, upload your logo, customize the color, and click on Save to apply your changes.
Tip 7: Record favorite reports
Want a report on regular basis? Save it in your Favorite tab and you can access it anytime, anywhere in a single click. To designate a certain report as favorites, click on the Heart icon underneath the report in the Report Center. You can also set a Run Favorite Reports command for getting your favorite reports updated automatically, without wasting your time.
Tip 8: Create batch invoices
QuickBooks Batch Invoicing feature creates multiple invoices for a single transaction. All you need to do is to select a list of customers, enter their details along with the fee, and QuickBooks will automatically create invoices for them. To access this feature,
- Go to Customer’s menu
- Select ‘Create Batch Invoices’
- Select a list of customers and press ‘Add’
- Click Next to go to the next screen
Here, QuickBooks will give you the summary of the invoices that you want to create along with the tax information that it has calculated. After checking everything, click ‘Create Invoices’ to complete the process.
Tip 9: Modify a report before you run it
QuickBooks has made tweaking super easy! Simply set a command and QuickBooks will allow you to see a window with all your options before you run your report. For this,
- Go to Preferences
- Click on Reports
- Check off ‘Prompt me to modify reports’
Tip 10: Auto-refresh reports in Microsoft Excel
Do you export your financial reports to Microsoft Excel? Now QuickBooks has made creating spreadsheets easy for you. Simply click on the Excel button on top of your report and you can see all the options available.
Tip 11: Use QuickBooks Product Info page
Press the F2 key on your Windows computer to access the product information page of QuickBooks. Here you’ll find all the details and statistics, like the release number, license information, and number of users, in case you run into a problem.
Tip 12: Use QuickBooks calculator
Now there’s no need to make an exit from the QuickBooks for your mathematical calculations. Simply place your cursor on any dollar amount field and click on any one of the +, -, * or / keys, and a tiny calculator window will pop-up.
Tip 13: Go paperless
Did you know that QuickBooks gives you the power of doing paperless accounting? With QuickBooks, you can now attach an electronic version of your documents for local or cloud based storage. To use the tool, simply click on the ‘Attach’ button with the paper clip icon in any document or template.
Tip 14: Enable Remote Access
This cloud-based service allows you to remotely log in to QuickBooks. It gives you the ability to access your files from anywhere, at any time for a flexible work environment.
Tip 15: Get in touch with an expert
Working on QuickBooks is easy. But it can become easier if you have a ready help at hand. In case you face any problem while working on your QuickBooks software and need help, give us a call. Expert technicians at Qbpro are available 24X7 and can help you troubleshoot even the most complex QuickBooks issues in no time. To get your queries solved you can get in touch with us at Intuit Quickbooks Support Number at 1800-940-7442 (Toll free for USA/Canada).
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