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Setting Up QuickBooks Desktop: Your Beginning Balances

I know how intimidating setting up your beginning balances can be, this step-by-step guide can help. In order to set up your other beginning balances,

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Where Did My Profit Go?

I get a lot – and I mean A LOT – of small business owners wanting to know why their Profit and Loss report shows

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What You Must Know About Inventory in QuickBooks and Job-Costing

If you do job-costing in QuickBooks, and you don’t sell individual items to your clients, I recommend you avoid using Inventory Parts if at all

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Class Tracking in QuickBooks® – A Rarely Understood, Awesome Feature

Using “Classes” in QuickBooks to Track: Locations, Projects, Divisions If you need to keep track of your income and expenses by department, location, property, project

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Job-Costing Payroll With an Outside Payroll Service

The best way to do labor job-costing is to run the payroll through QuickBooks Desktop, using time sheet entry.  Intuit even has a service called

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Considering QuickBooks for Mac?

Considering QuickBooks for Mac? More people are switching to Macs.  If you plan to use QuickBooks and switch to Mac, you should be aware that

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QuickBooks Keyboard Short Cuts – Complete List

Click Here for the pdf of QuickBooks Keyboard Shortcuts

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Restore a Back up of your QuickBooks data from a Flash Drive

Restore your QuickBooks data file from a flash drive

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Hi! I'm Penny Lane. I’ve been a Certified QuickBooks Pro-Advisor since 2006, and I’ve been in the bookkeeping business for over a decade. My goal has always been to help my hard-working contractors succeed financially in an often challenging industry, and I love knowing I’ve made a difference. I would love to help you make a difference too!

  • Job Costing Labor in QBO Using the Hourly Cost Method
  • Switching from QuickBooks Desktop to Quickbooks Online for Contractors – Don’t Go It Alone
  • Estimates vs Actuals in QBO?!?!?! Yes, BUT… January 2023
  • Construction Accounting for Custom and Remodels vs. House Flipping and Speculative Building
  • All the Ways to Get Paid: Invoicing for Projects With QuickBooks Online
  • August 2023
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  • November 2022
  • March 2021
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  • August 2013
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  • January 2011
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