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Chapter 4. Scheduling Periodic QuickBook... > Keeping QuickBooks Up-to-Date

Keeping QuickBooks Up-to-Date

Any kind of accounting system works best when you are organized and you stay on top of the record-keeping process. If you fall behind at entering data, many of the quick reports that QuickBooks can produce will be wasted because the information they contain will be dated. In fact, one of the greatest benefits of using QuickBooks is being able to produce, at a moment’s notice, up-to-the-minute reports giving the status of important balances such as

  • Accounts receivable

  • Accounts payable

  • Inventory on hand

  • Money in the bank

  • Orders pending

  • Year-to-date earnings

  • Amount due on loans


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