QBO Training Avoiding Common Pitfalls
Do you have the time and skill to manage your books but lack the technical knowledge of what QuickBooks can offer? We work with clients everyday, teaching them how to utilize Quickbooks to increase their efficiencies, streamline reports, and automate processes. While QBO can be a powerful tool, a lack of knowledge around how to best utilize Quickbooks can lead to these common mistakes:
- Failing to reconcile your bank accounts and credit cards
- Adding redundant or duplicative accounts to your chart of accounts
- Failing to maintain required information on file for employees and vendors
- Incorrectly applying payments to bills, or deposits to invoices
- Misusing the undeposited funds account
- Ineffective report settings
- Time sucking preferences not set up correctly
- Deleting transactions
