Thursday 11/02/2017

QuickBooks Tips and Tricks: Advice from a ProAdvisor

This content is contributed by Maria Angotti, the Director of Operations at DMS Management Solutions. DMS is a strategic partner of Corrigan Krause.

QuickBooks is a tool widely used by many accountants, bookkeepers and CFOs. It allows businesses to stay organized by keeping everything in one place. From QuickBooks, clients are able to track transactions, develop invoices and run reports that provide valuable insights on the where a company’s finances stand. But are you using QuickBooks to the fullest?

What many users don’t realize is the full extent of QuickBooks capabilities.

“With all of my clients, I encourage them to use the job costing functionality,” Maria said.

Maria explains utilizing the items list allows her clients to accurately see the cost of jobs.

The reporting capabilities are another valuable function.

“You can put notes in your reports and save them for later review.  You can then email the reports with the notes.  Also, with the time profitability report, clients can see how well their items are doing and track inventory, all in QuickBooks.”

While many of Maria’s clients use QuickBooks, most do not use the full functionality for payables and receivables. The software can also memorize reports and transactions by importing data from banks, eliminating the need to enter reoccurring transactions manually.

Other notable features in the new QuickBooks Desktop 2017 include improved productivity and reporting.  Users are now able to schedule and automatically send reports and also seamlessly find documents with autofill searches.

As a certified QuickBooks ProAdvisor, Maria is always looking for new ways to help her customers get the most out of QuickBooks and save them time.  To become a ProAdvisor, one must pass the certification exam and pay a fee.  The fee gets you the current version of the QuickBooks products.   The more years that you pass the certification exam, the larger the discount you receive for Intuit’s products.  The exam ensures the advisors fully understand the new updates and functionality of the software.

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