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QuickBooks – It’s All in the Setup

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What if you were planting a vegetable garden, and you took all the seeds and mixed them together, then planted them in rows?  What would be the best way to weed that garden when the corn was mixed in with the green beans, and the squash was growing through the tomato plants?  It might be difficult to weed, and there’s no way you could use a rototiller to keep the rows clear.  Harvesting would be a mess also.  One stalk of corn here, and a green bean plant next to it, and then over there another green bean plant.

Normally, people plant the same type of plants together in rows.  That allows them to harvest the plants of the same type more efficiently.  This can also assist when weeding and fertilizing, as different plants need different types of fertilizer and bug sprays.

The same thing goes with setting up your QuickBooks chart of accounts.  Putting the right chart into place at the beginning will make it much easier to run financial statements and then help ease your tax information right into the tax form.

Talk to me about this, and I can help you.


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