Desktop Preferences in QuickBooks

    This easy to follow video will walk you through how to change preferences in QuickBooks Desktop. Preferences allow you as the user to decide how you want QuickBooks to handle things or set personal or company preferences. Preferences can be found by going to the top of the main QuickBooks page and select…

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The Cheat Sheet for Debits and Credits

The “Cheat Sheet” for Debits and Credits by Linda Logan, Partner/President/Founder of Fiscal Foundations LLC Asset accounts have debit balances. Debits increase Asset accounts. Credits decrease Asset accounts. Liability accounts have credit balances. Credits increase Liability Accounts. Debits decrease Liability Accounts. Equity accounts have credit balances. Credits increase Equity Accounts. Debits decrease Equity Accounts. Income…

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