By Optimum Accouting
Ah QuickBooks. Set up correctly and it is a wonderful tool. Done improperly and it can become an accounting nightmare. In a later post, I’ll provide you with some tips on how to do it yourself. For now please remember the quote from Tip #9 “If you don’t have time to do it right, where will you find the time to do it twice?
Setting up QuickBooks properly can be very time consuming. For some industries the pre-designed chart of accounts is better used as a guide. Your accounts need to reflect your business or you can run into a lot of problems. My best advice to you around QuickBooks – Hire a professional.
