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Posted by Gary E on January 1, 2008, 10:51 am
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> Frank l wrote:
>> Hi-new to Qbks. HOA I help out had 2002 acct edition, I bought 2008
>> Pro today at staples. I would love to start the HOA from scratch, but
>> am a bit afraif. Their are undeposited invoices because the program
>> was ONLY USED to generate invoices for quarterly pymts. I want to
>> learn the progra,m(I am a computer tech, but not an accountant and
>> certainly new to Qbks. Any advice would be greatly appreciated. BTW,
>> only 56 cuistomers (homeowners). I plan on expanding later, hopefully
>> when I understand the program
>
> Understanding the program is not the same as understanding bookkeeping.
> Most programs, such as Flight Simulator, reflect reality, so the concept
> of translating real-world events to a computer is pretty understandable.
>
> Sign up for Bookkeeping 101 at your local community college. I can't
> emphasise this enough because accountants think differently (they are just
> as happy adding up the numbers for a bankrupt company than for a
> successful one). In 1516, a monk named Paciolli invented double-entry
> bookkeeping. His remains, to this day and much like the Platinum-Iridium
> standard Meter bar, are kept in an Italian monastary's wine cask. When
> something new comes up (such as sub-prime morgtages), his corpse is prayed
> over until the answer is manifest.
Excellent advice. And I think I had some wine made from that cask last
night. Now I am only thinking in double entry terms in Italian.
>
> Get a QB professional to set up the system (local ones can be found by
> consulting the Intuit web-site). It'll be a very good investment.
>
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