10 Tips For Small Businesses Using QuickBooks

QuickBooks is absolutely essential accounting software. Nearly every small business owner uses it because it simplifies bookkeeping. This doesn’t mean QuickBooks is easy to use. It requires some practice and can be challenging for even the most experienced among us. However, QuickBooks is worth the effort and we have put together 10 tips to help you make the most of the software.

1. Leverage The Training
   Like anything else, understanding the basic principles makes the job much easier. Make use of all the training QuickBooks provides and spend some time playing around with the software before using it. Being familiar with the interface will make you a knowledgeable and confident user.
2. Back Up Your Data
   This is just as crucial as learning the basics! Use the QuickBooks Online Option to store your data in the cloud and rest easy knowing that a power outage or accidentally closing the program will not result in data loss. You spend time and effort compiling important data so make sure you don’t lose it unintentionally.
3. Use Strong Passwords
   Make sure you do your best to protect your data by choosing a strong password. You can change your current password in the Account tab.
4. Customise User Access
   When working with sensitive data it is important that access is restricted to only those who need to have it. You can easily change the settings to define what kind of access each user has for any given account.
5. Customise The Icon Bar
   Having useless icons on your Icon Bar limits efficiency. Eliminate the clutter and customise your Icon Bar to reflect only your most used icons. This way you have your favourite icons close at hand and avoid distractions. Use View>Customise to customise your workspace! Original Source...

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