start all over Help please

Posted by Frank l on October 5, 2008, 5:33 pm

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Hi-inexperienced user w/QkBks 2008 pro. Inherited billing/invoicing etc for
condo POA. I know maybe qkbks may not be the perfect app for this, but it's
what we have. Many mistakes were made, banking not enterd, invoices delted,
etc. We want to strat all over using a recent bank statement and entering
all checks from ?? a date we choose (statement) Any auditing going back can
be done with hard copy bank statements and checks. Invoices were just sent
out (56) for the 4th qtr maintenance fees.
Any special advice to a newbie is needed and greatly appreciated. I have
access to any bank staements I may need and canceled checks. I wanted to
strat with receiving payment on the 56 invoices when they come in and
depositing the payments in bank account (was always senbt to undeposited
funds , that's part of the reason we are starting over and hopefully will do
it right this time.
Frank in Florida needs your help

Posted by Haskel LaPort on October 6, 2008, 8:24 am

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> Hi-inexperienced user w/QkBks 2008 pro. Inherited billing/invoicing etc

> for condo POA. I know maybe qkbks may not be the perfect app for this, but

> it's what we have. Many mistakes were made, banking not enterd, invoices

> delted, etc. We want to strat all over using a recent bank statement and

> entering all checks from ?? a date we choose (statement) Any auditing

> going back can be done with hard copy bank statements and checks. Invoices

> were just sent out (56) for the 4th qtr maintenance fees.

> Any special advice to a newbie is needed and greatly appreciated. I have

> access to any bank staements I may need and canceled checks. I wanted to

> strat with receiving payment on the 56 invoices when they come in and

> depositing the payments in bank account (was always senbt to undeposited

> funds , that's part of the reason we are starting over and hopefully will

> do it right this time.

> Frank in Florida needs your help

QB is an excellent program for maintaining the books of a condo. Why do the
think having the checks received going to undeposited funds is wrong, in
most cases this is where they should go.

My advice is to get some professional training.

Posted by QBConsultant on October 6, 2008, 10:29 am

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I agree that you should seek training or the help of a Certified
QuickBooks ProAdvisor. It is very important that the data file be set
up properly to begin with. Laura Madeira's book, the QuickBooks 2008
Solutions Guide has a chapter which details, step by step how to set
up the data file properly. I'd suggest you get it to help you!

Michelle L. Long, CPA, MBA
Author of: Successful QuickBooks Consulting
Advanced Certified QuickBooks ProAdvisor
National Trainer for Intuit Accountant Trainer/Writer Network
http://www.SuccessfulQuickBooksConsulting.com
http://www.amazon.com/Successful-QuickBooks-Consulting-Comprehensive-starting/dp/1434810690