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Showing posts from March, 2009

Payroll Changes - Are You Ready?

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How does the stimulus plan affect you? Besides possibly putting $400 - $800 more in your pocket, it means keeping track of even more changes to payroll taxes and forms, now and in the future. Let us handle tracking these changes so you can focus on running your business Over one million small businesses trust Intuit to do just that already. In 2008 alone, they delivered over 300 payroll compliance rule updates to customers. Getting started is easy - give us a call for more details. 775- 348-9200 or 775-348-9225

Sharing Data Between Mac and PC

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Today's topic is working with client files when they are using a Mac and you are using QuickBooks for PC. Quite often I need to get a backup of my client's work to take to my office and then return with changes or new postings. I generally don’t use the Accountant’s Copy because it can create significant limitations in the client’s file and they usually aren’t very happy with me; I prefer to take a backup to my office and work on their file when they can stay out of QuickBooks while I am working. This podcast will discuss the process using QuickBooks 2006 for Mac. It’s easy to go back and forth between Mac and PC if you follow a few simple instructions. When you do, a report will be generated in a PDF format that offers simple instructions for the process and provides a list of data that won’t be converted, unsupported reports in QuickBooks for Mac , and unsupported Report Filters that won’t convert from Mac to PC when you restore the work to ...

Splitting Liabilites to Two Checks

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“Quicklet” - A Podcast for QuickBooks Pro, Premier, Enterprise Solutions, Point of Sale and Peachtree users featuring helpful information, tips, tricks and suggestions for bookkeepers, business owners, and consultants. Got a QuickBooks Mess? Call The QuickBooks Gal! Hi, I'm Jayne Miller, The QuickBooks Gal. Welcome to another in my series of “Quicklets” – informational podcasts about QuickBooks, Peachtree and related bookkeeping topics. Recently a client called because she needed to split liabilities to two separate checks. Here's what happened. She paid 401K liabilities to the usual agency on a check a couple of weeks ago. Today the check was returned to her because her employer had made some changes to the plan and moved part of the employee contributions to another agency and neglected to tell her about it. When she voided the returned check, the liabilities all returned to the Payroll Liability journal as they originally were recorded. Her question to me was: How can I ...

2008 Depreciation Rates

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“Quicklet” - A Podcast for QuickBooks Pro, Premier, Enterprise Solutions, Point of Sale and Peachtree users featuring helpful information, tips, tricks and suggestions for bookkeepers, business owners, and consultants. Got a QuickBooks Mess? Call The QuickBooks Gal! Hi, I'm Jayne Miller, The QuickBooks Gal. Welcome to another in my series of “Quicklets” – informational podcasts about QuickBooks, Peachtree and related bookkeeping topics. The 2008 IRS Depreciation Limits are now available. IRS depreciation limits: Passenger autos put in service in 2008 Autos (cars) Light SUVs, pickups/vans* 50% Bonus Depreciation No bonus or used 50% Bonus Depreciation No bonus or used 1st Year 10,960.00 2,960.00 11,160.00 3,160.00 2nd Year 4,800.00 4,800.00 5,300.00 5,100.00 3rd Year 2,850.00 ...

IRS Guide to Federal Tax Deposits

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“Quicklet” - A Podcast for QuickBooks Pro, Premier, Enterprise Solutions, Point of Sale and Peachtree users featuring helpful information, tips, tricks and suggestions for bookkeepers, business owners, and consultants. Got a QuickBooks Mess? Call The QuickBooks Gal! Hi, I'm Jayne Miller, The QuickBooks Gal. Welcome to another in my series of “Quicklets” – informational podcasts about QuickBooks, Peachtree and related bookkeeping topics. Do you have questions about making Federal Payroll Tax Deposits? Here's a link to the IRS' Guide to this necessary process: IRS Federal Tax Deposit Guide Well, that’s it for now. Please visit my blog again for another in my Quicklet © series. If there are topics you would like me to cover send me an email at jayne@quickbooksgal.com. Got a QuickBooks Mess? Call The QuickBooks Gal! Certified Point of Sale Pros! Sales, Support & Service Call us for all Your Point of Sale Needs! 775-348-9200 QuickBoo...

Restoring QuickBooks to XP from Vista

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Welcome to another QuickBooks Gal Minute. I'm Jayne Miller, The QuickBooks Gal. Got a QuickBooks Mess? Call The QuickBooks Gal! Today I'd like to discuss the tricky process of Restoring a QuickBooks Backup File from a Vista computer to a Windows XP computer. Our office has both Vista and XP computers. In exchanging QuickBooks files between computers, we have found that files going from Vista to XP require a little attention to detail. When you restore a file from Vista to an XP computer, you may find that XP defaults to restoring the backup to the source media by default; for instance if you are restoring from a flash drive, Windows XP QuickBooks will default to the flash drive and if you are not careful, you will restore to the flash drive rather than the preferred directory. Then, when you remove the flash drive from the port and open QuickBooks, you will discover that the changes you expected to be restored are not on your computer. To prevent this, make sure you restor...

2009 Payroll Tax Rates and Bases

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“Quicklet” - A Podcast for QuickBooks Pro, Premier, Enterprise Solutions, Point of Sale and Peachtree users featuring helpful information, tips, tricks and suggestions for bookkeepers, business owners, and consultants. Got a QuickBooks Mess? Call The QuickBooks Gal! Hi, I'm Jayne Miller, The QuickBooks Gal. Welcome to another in my series of “Quicklets” – informational podcasts about QuickBooks, Peachtree and related bookkeeping topics. Payroll Rates and Bases 2008 2009 Soc. Sec & Medicare Rates 6.20%/1.45% 6.20%/1.45% Social Security wage limit $102,000 $106,800 Medicare wage limit Unlimited Unlimited FUTA taxable wage base $7,000 $7,000 FUTA rate 6.20% 6.20% FUTA maximum credit 5.40% 5.40% Minimym FUTA deposit Rate 0.80% 0.80% Well, that’s it for now. Please visit my blog again for another in my Quicklet...

Creating Equity Accounts in QuickBooks

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“Quicklet” - A Podcast for QuickBooks Pro, Premier, Enterprise Solutions, Point of Sale and Peachtree users featuring helpful information, tips, tricks and suggestions for bookkeepers, business owners, and consultants. Got a QuickBooks Mess? Call The QuickBooks Gal! Hi, I'm Jayne Miller, The QuickBooks Gal. Welcome to another in my series of “Quicklets” – informational podcasts about QuickBooks, Peachtree and related bookkeeping topics. Are you setting up your chart of accounts and need help creating the Equity accounts? You will find these on the Balance Sheet and they will be used to record the Owner's Equity. You will need a master account called Owner, Partner, Shareholder or Stockholder Equity. Then you can create the accounts that will record Investments and Draws. Go to your chart of accounts (you can find this by pressing the Ctrl key and the letter A at the same time, or in the “Company” menu at the top of QuickBooks). Once there, click the “Account” button in the l...