Jumat, 24 September 2010

Using Memorized transactions



Well, it is finally Friday. Yeah! We have had the best summer and it is hard to believe it is Fall already.  Okay, now for my tip of the day:

Using memorized transactions:

I use these on many of my client's accounts because they save me time and save me from making errors. If you have a payment that is directly debited from your checkbook, you can memorize it so that it is entered automatically into your records.   Go to write checks off of your home page and enter the check and click on edit>memorize:



This is a great time saver if you are a bookkeeper who has multiple clients. Additionally, you can save time by setting up memorized transactions that you have to modify each time, like a rental property company with several locations and is using the class feature. If you have more than one utility bill from more than one location, you can memorize them so that they are all set up with the proper account and class imputed. Then you select the link for that property from your memorized list and your information will be recorded correctly and quickly.

Enjoy your weekend!

Lynda

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