Lance B Wilkins

A common QuickBooks question is, what’s that column on checks and bills that says Billable? QuickBooks users unfamiliar with it either ignore it, or use it for another purpose, which purpose is being totally unaffected since it’s not what the column is for. The Billable column ties in with tracking expenses by project or job. You cannot mark the Billable column unless a Customer:Job is selected in the Name column. If a Customer:Job name is selected, marking the Billable colum

So, your business or organization is growing? You need to track more than one department or location or grant? Do you need another QuickBooks? No, you don’t. It’s a common question, but it almost never results in purchasing another QuickBooks license. For most people then, the question comes down to: Do you need a separate QuickBooks company file? Generally, if your new enterprise has a different tax ID number, separate asset and liability accounts like bank accounts and buil

If you are like most people, every time you look at a profit and loss report in QuickBooks, you probably focus on two numbers. Total Income is one. How are sales or revenue going? Above expectations? About right? Or, the worst possibility, below expectations? The second number you are likely to examine is the bottom line. Net Profit. Are we making or losing money. If making money, how much? The profit and loss report can tell us much more. Most of you will have a line on this