Business Analysis with QuickBooks by Conrad Carlberg

By Conrad Carlberg

This ebook is totally diverse from what I look forward to finding in such a lot books on QuickBooks. It assumes i've got a simple point of knowing approximately find out how to use the software program. rather than displaying me how one can identify a brand new client or how one can make an meeting construct pending, it specializes in getting details like operating capital and money circulation research from the information i have already placed right into a QuickBooks dossier. It indicates how you can export information from QuickBooks into different purposes, in order that i will use Excel pivot tables to investigate my revenues through product and territory. there is even a piece at the QuickBooks software program improvement package that exhibits how you can pass studies and get facts out of QuickBooks at once. And it is readable.

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4. Fill the % of Row checkbox and click OK. The one aspect of this report that departs slightly from traditional practice is its use of the first year for all comparisons. That is, to get a percent change for 2010 over 2009, a 2010 16 Chapter 1: Using QuickBooks to Analyze Business Data value is divided by its corresponding 2009 value. So far that’s standard practice. But for 2011, QuickBooks also divides a 2011 value by its corresponding 2009 value. There’s nothing really wrong with that comparison, but it’s somewhat nonstandard (standard practice would be to divide 2011 values by 2010 values) and thus potentially confusing to an audience.

You can do the same thing in Excel by right-clicking a cell, choosing Format Cells from the contextual menu, and choosing Text from the Category list box. If you then enter a formula into the active cell, all you will see is the formula, not its result. 5 You can call for or suppress blank intervening columns via the Advanced tab of QuickBooks’ Export Report dialog box. 5. Right-click the column header, choose Format Cells, choose General from the Category list box (you could also choose Percentage or Number if you prefer) and click OK.

I say that because there are other structures in QuickBooks that use the sub prefix appropriately. Two good examples are subaccounts and subitems. A subaccount is subordinate to, or nested within, a parent account. A subitem is subordinate to a parent item. You don’t find a subaccount associated with two different parent accounts, even though subaccounts may have similar, even identical names. 14 Chapter 1: Using QuickBooks to Analyze Business Data Reports have subcolumns, but they are in no sense subordinate to a parent column.

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