I have always believed knowledge is power–real knowledge of anything makes you more powerful. A strong knowledge
of QuickBooks is no different. Whether you use QuickBooks only in your business as a business owner, an employee, or use it
for your personal bookkeeping, a great understanding of this powerful program can open many possibilities.
QuickBooks for the business owner...
Being able to, at any time, properly assess how you are doing
in your business is vital to the success of your business. Which department or area of your business is more profitable than
another can help you determine where your business focus should lie or where you should place your efforts to improve. You
may need to track actual costs for the jobs you do–are you doing, or did you do, really well on that project?
Where can you trim costs to improve your overall business profit?
Business accounting isn’t just a way to
prepare your records for income tax returns, it is a wonderful tool to help you run your business.
QuickBooks
for the employee...
For the office worker, knowing QuickBooks makes you much more valuable
and marketable as an employee. There is a strong demand for QuickBooks "bookkeepers"! Earn more salary! But you
must know the program really well. Take extra time to learn more about the program and bookkeeping! Take an accounting course
at the local college! Learn the keyboard short cuts; these can save you a lot of time. Challenge yourself!
And
please, please don’t hold yourself out as QuickBooks-experienced until and unless you know the program really well.
I have seen the real damage done by inexperienced employees who told their potential employers they knew QuickBooks
well, but didn’t. This is unfair and unethical.
Take the initiative to learn more... Always learn more!
It will pay off.
QuickBooks for personal bookkeeping...
Think about it.
How great it would be to keep track of the cost of your home and just how much you have paid to make major improvements! Then
you will really know how much equity you have in what is often referred to as your "biggest investment." Now think
about any investments you have made in the stock market and being able at any time in the future to locate exactly when the
investment was made, how much was made, what costs were incurred, and how much return you made on that investment. Keep better
account of your medical bills, so that at the end of a year when you need to provide this info to the accountant, you will
have it at your fingertips.
So you see, QuickBooks, isn’t just for business!