Friday, November 18, 2011

Quickbooks and Coldplay




First of all, I did not write this post, I enjoyed reading it, wanted to share it with soI  posted it to my blog to give the author some credit. To contact this author click on the link at the end of the article . Anyhow his/her article begins as follows:

I heard an interview on XM Radio this week with Chris Martin and his cohorts in Coldplay.
Chris was talking about the challenge of creating really great music. He told the interviewer that his songwriting was influenced by the Beatles, Bob Marley, Nirvana. Their music, he said, was quite simple to play on the guitar — a 12 year old could play it — and yet was so well crafted.
Martin said, “Songs like that are easy to play, and impossible to write.”

That brought to mind something I heard once at a songwriting workshop: “Well-written songs are easy to learn and hard to forget.” Right on.
Now, to QuickBooks.

Good software should be, I think, like good songs. Easy to learn. Easy to play. Hard to forget. And almost impossible to create.

“Impossible to create” is a bit of an exaggeration, obviously. But it is hard to create a system that is intuitive to use, has a low learning curve, and sticks with you from one use to the next. That was Steve Jobs’ genius with the Mac, right?

I dabble in Pro Tools record studio software and also in PhotoShop. I find both of them hard to learn and easy to forget. CTRL/SHIFT/+ to toggle up the mixing console view??? What the heck.
I personally have found Microsoft Office products to be easy to learn and hard to forget. Maybe that’s just because I’ve been using them since way back in the last century. But there is a consistency and predictability to the user interface and controls that makes them pretty easy.

QuickBooks? Well, I think it’s in the middle there somewhere. It’s somewhat easy to learn if you have a bookkeeping/accounting background, and it is not chock-full of obscure ways to doing things. (Do you agree? Please comment below.)

Easy-to-use apps don’t come easy. The easier it is for the user, the harder it is for the designers and coders. The easiest thing for a development team is to just turn a bunch of programmers loose on the specs to make something happen asap. Judging from the end results, I don’t think Intuit usually does that.
Still, I’d like to see a version of QuickBooks appear sometime that is, I don’t know, a “classic” version, with far fewer features and options…just straight up general accounting for G/L, A/R, A/P, simplified Job Costing, and after the fact payroll. A system where you could put in a batch of cash-oriented transactions on one screen in one step, that would update the G/L, checking accounts, and customer/vendor/employee subaccounts all at one time.

Easy to learn; impossible to create? Maybe. Like a great Beatles song.






Thursday, October 13, 2011

Budgeting Monthly


Most small businesses,that budget,do not consider the seasonal aspect of their business and the importance of budgeting monthly.  Almost every business is seasonable, whether you sell apples or sell widgets and  budgeting monthly is very important. So budgeting monthly is very important. Some quick tips to obtain the information to address the seasonality issue  and to budgeting monthly is to use the same cash flows as last years or the average last five years(if you have them) and choosing the most relevant measurement base. Just go to last year's bank statement and you can find the cash flows then you will be able to budgeting monthly.  While the other option is to sit down and brainstorm as to the timing by month of cash flows either by yourself or with a CPA. To budgeting monthly,either use a spreadsheet,or an accounting program like QuickBooks or your existing accounting software. If your accounting software does not offer budgeting, its time for you to realize that you graduated and need to upgrade software that offers budgeting by month.If you have any questions, do not take any chances with projections of your business , ask your CPA. Don't forget to budget by department. Its even better to find software that budgets a balance sheet and statement of cash flows by month. Software to budgeting monthly may cost a little more, but is well worth it. Nevertheless, QuickBooks and I am sure many other comparable(under $200) and similar priced accounting software will offer this monthly budgeting option. I hope you understand how important this feature to budget monthly or project monthly for next year or the succeeding years.

Sandor Lenner, CPA, MBA
 www.SL-CPA.net

Thursday, September 1, 2011

No More Free User for Your QuickBooks Online Accountant

Intuit recently increased the number of users for some of the QBO subscriptions while at the same time discontuing the free user status for your accountant.

Why ?

Thursday, March 31, 2011

Need Help Deciding on QuickBooks Online Simple Start, Essentials or Plus...

This video will explain with examples and tips and help you decide as to which version of QuickBooks Online  to purchase. The choices are:

1.QuickBooks Online Simple Start
2.QuickBooks Online Essentials 
3.QuickBooks Online Plus 



Sunday, March 27, 2011

QuickBooks Online and PayPal

The other day Intuit announced that they have an interface with PayPal and Bill.Com. I have tested the Bill.com interface and found this tool to be very useful and  can definitely automate some of the daily manual tasks that are inherent in recording accounts payables, and paying them.There is a charge for this service, which is currently $9.99 per month and $.99 for each electronic payment.As far as the PayPal interface, its a little disappointing  because its currently not operating and there is no information on its monthly cost, if any?, emphasis added.

Monday, March 21, 2011

QuickBooks Online Budgeting - How to Get Year to Date and Current Month Actual vs Budget


The question of how to customize the budget option in QuickBooks Online is a common question. Here is my shortest video ever that will show you how to customize your budget to get current month and year to date information for actuals as compared to budget in less than two minutes.