|
|
10 Tips To Help You Create Your Own Money Making Affiliate Program
1. View your affiliate program as a partnership between you and your affiliates, and make it your priority to develop good relationships between you and your affiliate sales force.
2. Answer any questions your visitors or affiliates have...
Negotiating and Sales Skills Are Critical
When I first started getting active in creative real estate, my skill set at negotiating was very weak. I had done the telemarketing thing for American Express as a financial planner and had studied and learned a few techniques. On the surface...
Stealth Selling and Online Marketing
There's a hilarious yet so fruitful money-making formula, that can be deployed by anyone doing business on the Internet.
Your goal is to generate cash and abundance with your web site, but... you don't know how to prolifically endorse your...
Use Books a Million to Make Your Millions
Do you have a great business idea? Are you looking for a way to
capitalize on that great business idea and make some extra
income doing so? If you are, then you have come to the right
place. I can't help you come up with a great idea,...
Use Collaborative Approach - and Get Leveraged Earnings
By helping others to grow their business you ensure growth of your own business. I have seen this theory work even while dealing with competitors. This confirms one of the golden rules - you get what you give to others.
I have been involved...
|
|
|
|
|
|
|
|
When Quickbooks Doesn’t Balance
After you’ve been using QuickBooks for while and have been balancing your account regularly, you will only irregularly have trouble reconciling it. However, if you are just getting started, you may have trouble getting your QuickBooks bank account to balance. For that reason, let me offer some suggestions for balancing a bank account that’s causing you trouble.
Check for missing transactions
Account balance trouble stems from only three causes:
Reason 1: You cleared a transaction the bank hasn’t recorded
Reason 2: You forgot to record a transaction, or perhaps several transactions
Reason 3: Either you or your bank incorrectly recorded a transaction
Therefore, when you find yourself with reconciliation troubles, first make sure that you are not missing some transaction. Go through the bank statement line for line, comparing each of the transactions listed there with the contents of your account register. If you find the bank statement lists a transaction that your QuickBooks bank account register does not, then you need to record it in QuickBooks.
Confirm you haven’t incorrectly cleared transactions
Once you confirm that the QuickBooks bank account register includes all transactions, verify that you have not incorrectly cleared transactions that are still outstanding. To do this, thoroughly review the QuickBooks account register and make sure that each transaction marked with a “C” does, in fact, appear on the bank statement.
Compare amounts
If the two reviews described in the preceding paragraphs don’t explain the difference between your records and the bank’s, you need to check the actual transaction amounts that you have recorded against those shown in the bank register. In other words, if the bank register shows a check to your mortgage company for $500, you need to make sure that your account register also records the check as $500.
Unfortunately, it is easy to incorrectly record transaction amounts in the QuickBooks account register. All it takes is pressing the wrong key. And, in fact, two data entry errors are particularly difficult to see: transposition errors and sign errors.
Keep a sharp lookout for transposition errors
Transposition errors occur when you transpose, or flip-flop, the numbers in an amount. If you write a check for $123, but record the check as $132, for example, you’ve transposed the 2 and the 3. And this error is hard to spot later. You look at the bank statement, for
example, and see the digits 123. Then when you look at the account register, you see the digits 132. Unless you are looking not just at the digits used but also at their order, you may miss this error.
Don't miss sign errors
Sign errors occur when you enter a deposit as a withdrawal, or a withdrawal as a deposit. All this really means is that you have entered some transaction amount in the wrong column. Again, this error is sometimes tough to spot because the transaction appears both on the bank statement and in your register—just in the wrong column in the QuickBooks bank register.
If you come up with some difference with your records and the bank’s that is irreconcilable, try dividing the error by 2. Then look for a transaction equal to this result. For example, if you have a $200 error, divide $200 by 2 to get the result $100. Then look for a $100 transaction that is entered in the wrong column.
Some problems account reconciliation won’t fix
There are several common errors that account reconciliation won’t catch. Reconciliation won’t catch when you forget to record a transaction and the transaction hasn’t yet cleared the bank. If you forget to record a check and the check is still outstanding at the end of the statement month, for example, the check doesn’t appear in your register and it doesn’t get listed on your bank statement.
Another kind of error that a bank reconciliation won’t catch stems from entering a fictitious transaction in the account register. For example, if you enter a check in the QuickBooks bank account register that you never wrote or a deposit you never made, the check or deposit will never clear the bank.
Unfortunately, there is not much you can do to find these sorts of errors. Mostly, you need to apply simple common sense to prevent them. In the case of forgotten uncleared transactions, your only recourse is to be careful in your record keeping. Try to establish a system whereby you regularly record the checks you write and the deposits you make.
About the Author: Seattle tax CPA & author Stephen L. Nelson wrote Quicken for Dummies and more than 100 other books as well. Nelson holds an MBA in Finance and an MS in taxation. His web site is http://www.stephenlnelson.com
Source: www.isnare.com
|
|
|
|
|
Amazon.com: Online Shopping for Electronics, Apparel, Computers ... |
Online shopping from the earth's biggest selection of books, magazines, music, DVDs, videos, electronics, computers, software, apparel & accessories, shoes, ... |
www.amazon.com |
  |
Amazon.com Books: New & used textbooks, biographies, children's ... |
Online shopping for millions of new & used books on thousands of topics at everyday low prices. |
www.amazon.com |
  |
Google Book Search |
Google digitizes many books from library collections. If an Old English edition, translation, or study is out of print or hard to locate, one can search for ... |
books.google.com |
  |
Books - The New York Times Book Review |
Reviews, features, author interviews and book excerpts from the national daily and the Sunday book review. Registration required. |
www.nytimes.com |
  |
The Online Books Page |
Features over 10000 online books free to the public. |
onlinebooks.library.upenn.edu |
  |
Barnes & Noble.com - Books, Used & Out of Print, Textbooks ... |
Barnes & Noble.com is the Web's premier destination for Books, DVD, Music, PC & Video Games, Children's titles, Toys & Games, Gift Cards, and more. |
www.barnesandnoble.com |
  |
The Online Books Page |
Listing over 25000 free books on the Web - Updated December 5, 2006 ... New on online books -- Google Library revs up, and other milestones -- Latest Book ... |
digital.library.upenn.edu |
  |
Amazon.co.uk: low prices in Electronics, Books, Music, DVDs & more |
UK branch of the online bookseller features large searchable selection of books. |
www.amazon.co.uk |
  |
AbeBooks: New & Used Books, Textbooks, Rare & Out of Print Books |
Abebooks - Over 80 million new, used, and rare books. |
www.abebooks.com |
  |
Guardian Unlimited Books |
Extensive site includes news and reviews, critics, authors, first chapters, Top 10s, bestsellers, talk board and games. Offers special sections by genre and ... |
books.guardian.co.uk |
  |
Books - Salon |
The literary section of Salon features book reviews, interviews, columnists and publishing news. |
dir.salon.com |
  |
Globe and Mail: Book News |
Presents book reviews and columnist along with best-seller lists and Book Briefs emailed newsletter. Canada. |
www.theglobeandmail.com |
  |
calendarlive.com - BOOKS & TALKS |
Reviews, features and event listings from the West Coast daily newspaper. |
www.calendarlive.com |
  |
Book - Wikipedia, the free encyclopedia |
A book is also a literary work or a main division of such a work. ... Books, especially heavy ones, need the support of surrounding volumes to maintain ... |
en.wikipedia.org |
  |
Books - reviews and literary news from The Times and The Sunday Times |
Book reviews, literary news, literary competitions, weblogs, book quizzes and literature features from The Times and The Sunday Times. |
www.timesonline.co.uk |
  |
Book World - washingtonpost.com |
The Sunday book review of the national daily newspaper features criticism, columns and an online book club. |
www.washingtonpost.com |
  |
Internet Public Library: Books |
Books. Rather than continuing to maintain its own index of online texts, the IPL is now pleased to recommend a number of other worthwhile resources for this ... |
www.ipl.org |
  |
oreilly.com -- Welcome to O'Reilly Media, Inc. |
O'Reilly Media spreads the knowledge of innovators through its books, online services, magazines, and conferences. Since 1978, O'Reilly has been a ... |
www.oreilly.com |
  |
SF Gate: Entertainment: Books |
Chronicle reviewers pick the best books of the season for the readers on ... Jessica Mitford's children recall the woman they called Decca in a new book. ... |
www.sfgate.com |
  |
Life - Entertainment News - USATODAY.com |
The latest in entertainment news with movie, TV, book, music and theater reviews, travel tips and tools and original content from USATODAY.com - updated ... |
www.usatoday.com |
  |
|