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Create New Accounts in Sage 50: Overview             You can easily create new accounts in Sage 50. If you created your chart of accounts using one of the business types listed in the “New Company Setup Wizard,” then you likely have a full chart of accounts which will give you all the accounts necessary to

Reconcile an Account in QuickBooks Online: Overview             You can reconcile an account in QuickBooks Online to match the transactions on your monthly bank statement with the transactions you entered into QuickBooks Online Plus. Only balance sheet accounts can be reconciled. To reconcile an account in QuickBooks Online, click the Gear button. Then click the

Transfer Funds in QuickBooks Pro: Overview             You can easily transfer funds in QuickBooks Pro. When you make a funds transfer in QuickBooks Pro, you move money from one bank account to another in the company file. To transfer funds in QuickBooks Pro, you use the “Transfer Funds Between Accounts” window. You can access this window

Picture Password in Windows 10: Overview             Windows 10 lets you use a picture password in Windows 10 if you do not wish to use a Microsoft account password to log in to your device. After you have initially signed-in to your device you can then create a picture password in Windows 10 and use

Need more Peachtree training? Click here for the complete tutorial.                 The Cash Manager The “Cash Manager” is available only in the Peachtree Accounting or higher. It has been reformatted in 2009, while in Peachtree 2003-2008 it resembled the other managers, like the “Collection Manager” or the “Payment Manager.”

The Sales Tax Process: Collecting and paying sales tax can be complicated for some companies. For example, a company may have to collect and pay more than one sales tax. Many companies have a mix of taxable and non-taxable products and services to sell, and many also have some customers that are taxable while other

In accounting, it’s important to understand the different types of financial statements in order to be able to use them properly. The first important financial statement is the balance sheet. A balance sheet is an accounting tool that shows a company’s financial position at a certain point in time. In this post, we will discuss some

In recent years, many financial scandals have come to light in the media. Companies such as Enron, WorldCom, and AIG have experienced significant scandals due to unethical and sometimes illegal accounting practices. It is important for companies to prepare financial statements correctly and legally to avoid punishment, but also to have an honest relationship with

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