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Subject Author Date
@ Two questions. QuickBooks Premier Edition 2006 lo 10-19-2007
Posted by lo on October 19, 2007, 6:05 am
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 Hello there:

I am new to QuickBooks and I am trying to learn it.

I entered a small company in QuickBooks Premier Edition 2006. The company
prints a magazine every 4
weeks (13 times in a year), no sales tax. About 30 clients and 5 vendors.

1-) Our fiscal year should have 13 periods but I don't know how to set it up
that way.

2-)I would like to run the company in a "Cash Basis" not Accrual Basis.
Where do I change that? I can do
the change to "Cash Basis" when I see reports only.

Thank you for your replies.

Lo.



Posted by David Smith on October 19, 2007, 10:23 am
Please log in for more thread options

> Hello there:
>
> I am new to QuickBooks and I am trying to learn it.
>
> I entered a small company in QuickBooks Premier Edition 2006. The company
> prints a magazine every 4
> weeks (13 times in a year), no sales tax. About 30 clients and 5 vendors.
>
> 1-) Our fiscal year should have 13 periods but I don't know how to set it
> up
> that way.
>

QB is date driven so there is no option to select 13 periods, just report
the period you want -start date -end date -you can memorize the reports to
get back to them easily.

> 2-)I would like to run the company in a "Cash Basis" not Accrual Basis.
> Where do I change that? I can do
> the change to "Cash Basis" when I see reports only.
>

Edit/preferences/reports and graphs/company preferences/summary
reports -cash or accrual



Posted by lo on October 23, 2007, 6:07 am
Please log in for more thread options
Thank you David for your reply.

Lo.

==============================



>
>
> > Hello there:
> >
> > I am new to QuickBooks and I am trying to learn it.
> >
> > I entered a small company in QuickBooks Premier Edition 2006. The
company
> > prints a magazine every 4
> > weeks (13 times in a year), no sales tax. About 30 clients and 5
vendors.
> >
> > 1-) Our fiscal year should have 13 periods but I don't know how to set
it
> > up
> > that way.
> >
>
> QB is date driven so there is no option to select 13 periods, just report
> the period you want -start date -end date -you can memorize the reports to
> get back to them easily.
>
> > 2-)I would like to run the company in a "Cash Basis" not Accrual Basis.
> > Where do I change that? I can do
> > the change to "Cash Basis" when I see reports only.
> >
>
> Edit/preferences/reports and graphs/company preferences/summary
> reports -cash or accrual
>
>



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