Recording Cash Back Promotions

As an inducement to buy a new piece of equipment from a supplier, manufacturers often offer “Cash Back” or “Factory Bonus” promotions where they give you cash on your purchase. A great deal, but a little tricky to record properly. This paper...

Handling Bad Debts

Unfortunately in business, you will sometimes get a Debt that will need to be written off as a Bad Debt. This paper shows the correct way of handling this in QuickBooks. The procedure can also be used for making minor adjustments against Customer Accounts. Download...

Tracking Quantities Purchased

In business, it is often necessary or desirable to track quantities of items purchased. This is mostly done for items that are purchased for resale, but it can also be used for tracking items that are used internally by the business or are used as a component for...