There are certain protocols to be followed to keep your Bookkeeping effective and smooth in QuickBooks. We are going to mention “Golden rules for Bookkeeping in QuickBooks” down below.
Data Backup
Data is very important for everyone, sometimes users forget to back up their data and at the point of need, they are helpless. So keep in mind to back up your QuickBooks data locally or switch on the QuickBooks auto data recovery feature which will automatically save your QuickBooks data every time you work on QuickBooks.
Note: QuickBooks ADR feature is only available in Pro and Premier edition of QuickBooks. If you are using QuickBooks with cloud hosting you need to confirm your data backup from your QuickBooks cloud hosting support provider.
Learn Online Banking in QuickBooks
QuickBooks offers features with which you can download your transactions in form of Bank feeds in your QuickBooks. So please remember to switch on your Online banking services in QuickBooks which are very helpful. You can contact QuickBooks technical support phone number so that you can connect your bank accounts to your QuickBooks and you can get more information about Online banking features in QuickBooks.
Chart of Accounts
Get yourself properly trained with the working Chart of accounts which is very essential. You must know the differences between the accounts and their categories before using them.
Email setup for QuickBooks
Setup your Email service to your QuickBooks so that you can send the invoices and reports easily without wasting any of your time. You can link any email services in QuickBooks, the most popular uses are Outlook, Gmail, Yahoo, etc.
Setup and Learn how to manage Payroll
Payroll is a great feature offered by Intuit, which makes paying the employees very easy with automatic tax calculations. Learn about Basic and Enhanced Payroll subscriptions and choose one of them according to your business needs. For using Payroll there are additional charges for this service.
Learn QuickBooks and Sign up for technical support
Before using the product get yourself well trained in how to use QuickBooks from the technical support team. Initially, after the purchase of the product, you have 60 days of free technical support which is enough to learn the software but there are some conditions when you get stuck in your QuickBooks due to lack of information, so sign up for yearly or quarterly QuickBooks technical support packages,
Visit QuickBooks Support for more information on technical support.