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QuickBooks®: News You Can Use |
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| Presented by: Scott Gregory, QuickBooks Specialist |
March 2008 |
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Stop cramming all your power cords into a small
power strip! Get the PowerSquid and use ALL your
outlets (and get surge protection too!)
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Is Your QuickBooks File Too Big? - Part 2 |
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In last months article, I
discussed the potential
problem of your QuickBooks data file being too large
and
starting to get too slow. If it is larger than it should be,
what are your options to fix the problem?
Option #1: Consider using the "Clean Up
Company Data" option found under File > Utilities.
This used to be called "Archive and Condense" in
older (pre-2006) versions of QuickBooks. This tool
allows you to condense older data in your QuickBooks
file.
For example, you could clean up company data as of
12/31/2004. In doing so, QuickBooks will remove all
the details of transactions on or before that date, with
the ultimate goal of making your data file smaller.
KEY
POINT - you still get access to the old data once
this
process is done. It is just stored in a different
QuickBooks file.
Option #2: Start a new QuickBooks data file.
This option is guaranteed to trim the size of your
data file significantly. In addition, there are some
tools
within QuickBooks to help make the process of
building a new data file easier.
However, there is some extensive planning that needs
to be done when choosing this option. For example,
you will need
to get your open A/R and open A/P balances into the
new file, as well as your ledger balances. Just how
that will be done requires some thought and
discussion.
Option #3: Upgrade to
QuickBooks Enterprise Edition.
This version of QuickBooks was designed specficially
for those businesses using Pro or Premier and that
are
suffering from files that are too big OR that need more
than 5 users in the software at any one time.
QuickBooks Enterprise Edition is built to work
with a
much larger data file size right out of the box, so the
performance issues you may be experiencing today
could go away tomorrow by moving into this version.
Each of these plans has pros and cons to them. If
you need help evaluating the options available to
make your QuickBooks experience more effective and
efficient each day,
feel free to contact me so we can talk further about
your
situation.

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QuickBooks Training - Register by April 11th! |
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Mark your calendar for Wednesday, April 23, 2008
for
my next QuickBooks user group session. Join
other
QuickBooks users, get in on the discussion, and
improve your business with insight on these timely
topics:
- Turning Accounts Receivable into Cash -
Cash is
king in our economy today! Each dollar you have
floating in your accounts receivable is not available for
other business uses, so you want to convert
receivables into cash as quickly as possible. Discover
the tools within QuickBooks that can help you turn
invoices into dollars.
In addition, we'll discuss various
accounts receivable "best practices" and
spark
participant discussion about how you are handling
them within your business.
- Handling Credit Card Purchases in
QuickBooks -
Most businesses have one or more credit cards they
use to purchase goods and services. However, there
is a great deal of confusion on how to get that
information recorded properly into QuickBooks.
Don't
be confused any longer! Join me for a complete
demonstration of how this process should be set up
in your QuickBooks.
- Should I upgrade to QuickBooks 2008? -
We'll
take a look at the new features of the 2008 product
lineup and other features you might have missed in
earlier versions of QuickBooks.
- Participant Q+A - Time to learn about
trouble
spots from other QuickBooks users.
SECRET: Mention code "BLAS" when
registering, and the registration fee is just $45.

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Tech Support - Critical Update |
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Did you find the left hand side of your Home page a
blank white space recently? If so, you are definitely not
alone!
Something has definitely happened in the 2006 and
2007 versions of QuickBooks to make this situation
occur. Unfortunately, the QuickBooks support
department is still looking into this.
For the latest insight, visit the
QuickBooks support page explaining this
situation.
NOTE: At this point in time, simply use the
options in the menu bar to get where you need to go.
I would not recommend uninstalling and
reinstalling the program just yet - wait until some
additional details are gathered first to see if that
hassle is really necessary.
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When Did You Backup Last? |
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Protect your critical business data from loss
from
computer malfunction, virus infection, natural
disasters and all other potential problems.
Far better than using an external or flash
drive, the
Mozy online backup service not only automates the
process, but gets you a secure, offsite, version of your
data backup too!
Current statistics show that one in every ten hard
drives fail each year. The cost of recovering a
failed hard drive can exceed $7,500, and success is
never guaranteed. Do you want to be a statistic?
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QuickBooks Tip of the Month |
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Q: Can I run more than one report at a time so that
I
can make my month-end close faster?
A: Indeed you can! In the menu bar of
QuickBooks, click Reports, then Process Multiple
Reports.
You will then see a window that allows you to
either print or display an entire group of reports.
For example, there is a group called Company. Within
this group, you can display or print a balance sheet,
profit and loss, and statement of cash flows all at one
time.
Even better, you can create different groups
that are specific to your needs by clicking Reports >
Memorized Reports > Memorized Report List. This is
where the various groups you see when "processing
multiple reports" are defined.
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Need QuickBooks Help? |
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QuickBooks confusing to you? Trying to learn more
about what it can do for your business? Trying to
resolve a mess left for you by the previous
bookkeeper?
Download my menu of services and
advice that outlines the ways that I can help your
business.
Don't wait another day! Get my menu of
products and services right now and get the help
YOUR business has been looking for!
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About Scott Gregory |
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The
"QuickBooks: News You Can Use"
newsletter is written and distributed monthly by
Scott Gregory. Scott is a:
- QuickBooks Specialist
- CPA
- Technology Consultant
- Charter Member of QuickBooks Enterprise
Solution Provider Program
- Member, Intuit Speakers Bureau
Scott is also the president of Bottom Line
Accounting Solutions, a firm that specializes in
helping small businesses use
QuickBooks effectively and profitably. Feel free to
drop Scott an
e-mail if you'd like to learn more about the
services his company can
provide.
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Legal Stuff |
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QuickBooks is a registered trademark of Intuit.
Bottom Line Accounting Solutions is not affiliated with
Intuit in any way.
Please forward this newsletter to those friends and
associates that have an interest in QuickBooks
software.
The Internet community is constantly evolving, so
exercise diligence in your research as you would any
other purchase. Bottom Line Accounting Solutions is
not responsible for any third party links or the misuse
of those links. They are presented solely for
informational purposes.
This publication Copyright 2001-2008 Bottom Line
Accounting Solutions, LLC. All rights reserved.
Other product and company names mentioned herein
may be trademarks and/or service marks of their
respective owners.
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