{"id":155,"date":"2014-09-30T15:20:14","date_gmt":"2014-09-30T23:20:14","guid":{"rendered":"http:\/\/www.acctbusol.com\/blog\/?p=155"},"modified":"2014-09-30T15:34:30","modified_gmt":"2014-09-30T23:34:30","slug":"ways-you-can-use-quickbooks-income-tracker","status":"publish","type":"post","link":"https:\/\/www.acctbusol.com\/blog\/ways-you-can-use-quickbooks-income-tracker\/","title":{"rendered":"Ways You Can Use QuickBooks&#8217; Income Tracker"},"content":{"rendered":"<p style=\"text-align: center;\"><strong>The Income Tracker is one of\u00a0Quick-Books\u00a0 more innovative features. If you\u2019re not using it,\u00a0you should be.<\/strong><\/p>\n<p><strong>More Functionality<\/strong><\/p>\n<p>One of the reasons that QuickBooks appeals to millions of small businesses is because it offers <strong>multiple ways to complete the same tasks,<\/strong> which accommodates different work styles. \u00a0Say, for example, you wanted to look up a specific invoice. You could:<\/p>\n<ul>\n<li>Go to the Customer Center and select the customer, and then scan through the list of transactions,<\/li>\n<li>Use the Find feature (Edit | Find), or<\/li>\n<li>Create a report from different avenues<\/li>\n<\/ul>\n<p>There\u2019s also another way you can get there if you have a recent version of QuickBooks: the <strong>Income Tracker<\/strong>. (Talk to us about whether to allow other employees to use it, and how to set that up.) <strong><em>The Income Tracker provides a visual overview of your company\u2019s income.<\/em><\/strong><\/p>\n<p>To get there, either click the link in the<strong> vertical navigation bar or go to Customers<\/strong> | Income Tracker.<\/p>\n<p>Four colored bars across the top of the screen represent unbilled estimates, open invoices, overdue invoices, and invoices paid within the last 30 days. QuickBooks defaults to displaying all types of transactions, but when you click on a bar, the screen changes to show only that type of transaction.<\/p>\n<p><strong>Here is a good place to start your analysis!<\/strong><\/p>\n<p>The Income Tracker is great for simply viewing groups of transactions; double-clicking on one will open the original form. \u00a0If you have not been there yet, you may want to explore by selecting the colored tabs.\u00a0 Here you will discover wealth of information that will help you move forward your business operation.<\/p>\n<p><strong>What else can you do?<\/strong><\/p>\n<p>From the Income Tracker, you can create invoice for a 100 percent of the estimate or you may decide to use percentage of completion method.\u00a0 If you are ready you can also receive payment, edit or view transaction journal.<\/p>\n<p>QuickBooks\u2019 Income Tracker doesn\u2019t do anything that can\u2019t be done in another way in the program. But it provides <strong>an excellent one-glance view of the current state of your receivables movement.<\/strong><\/p>\n<p><strong>What to look for<\/strong><\/p>\n<p>If you have observed <strong>unexpected balances<\/strong> or you discovered any <strong>irregularities<\/strong> in your accounting system, let us know and we will be glad to address your concerns.\u00a0 We can evaluate your receivable process, suggest ways on how to improve your operation and accelerate your cash-inflow.\u00a0 Getting that <strong>\u201cPAID\u201d stamp<\/strong> on your invoices is the 1<sup>st<\/sup> step to improve your cash flow and strengthen your confidence as a business manager.<\/p>\n<p>We are always available to answer your questions.\u00a0 It can be your QuickBooks configuration \/ setup, accounting, bookkeeping, reporting, data interpretation or just needed training for your staff.\u00a0 You already know that your managerial accounting reports are critical tools to help you<strong> make better business decisions<\/strong>.<\/p>\n<p>So, why not be on top of it!<\/p>\n<p>Ben Derebie, MBA, CMA<\/p>\n<h3><em>Certified Management Accountant<\/em><\/h3>\n<h3><em>Advanced Certified QuickBooks &amp;\u00a0<\/em><em>Enterprise Solutions ProAdvisor<\/em><\/h3>\n<div style=\"padding-bottom:20px; padding-top:10px;\" class=\"hupso-share-buttons\"><!-- Hupso Share Buttons - https:\/\/www.hupso.com\/share\/ --><a class=\"hupso_pop\" href=\"https:\/\/www.hupso.com\/share\/\"><img decoding=\"async\" src=\"https:\/\/static.hupso.com\/share\/buttons\/button100x23.png\" style=\"border:0px; width:100; height: 23; \" alt=\"Share Button\" \/><\/a><script type=\"text\/javascript\">var hupso_services=new Array(\"Twitter\",\"Facebook\",\"Linkedin\",\"StumbleUpon\",\"Reddit\",\"Print\");var hupso_icon_type = \"labels\";var hupso_background=\"#EAF4FF\";var hupso_border=\"#66CCFF\";var hupso_image_folder_url = \"\";var hupso_url=\"\";var hupso_title=\"Ways%20You%20Can%20Use%20QuickBooks%27%20Income%20Tracker\";<\/script><script type=\"text\/javascript\" src=\"https:\/\/static.hupso.com\/share\/js\/share.js\"><\/script><!-- Hupso Share Buttons --><\/div>","protected":false},"excerpt":{"rendered":"<p>The Income Tracker is one of\u00a0Quick-Books\u00a0 more innovative features. If you\u2019re not using it,\u00a0you should be. More Functionality One of the reasons that QuickBooks appeals to millions of small businesses is because it offers multiple ways to complete the same &hellip; <a href=\"https:\/\/www.acctbusol.com\/blog\/ways-you-can-use-quickbooks-income-tracker\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n<div style=\"padding-bottom:20px; padding-top:10px;\" class=\"hupso-share-buttons\"><!-- Hupso Share Buttons - https:\/\/www.hupso.com\/share\/ --><a class=\"hupso_pop\" href=\"https:\/\/www.hupso.com\/share\/\"><img src=\"https:\/\/static.hupso.com\/share\/buttons\/button100x23.png\" style=\"border:0px; width:100; height: 23; \" alt=\"Share Button\" \/><\/a><script type=\"text\/javascript\">var hupso_services=new Array(\"Twitter\",\"Facebook\",\"Linkedin\",\"StumbleUpon\",\"Reddit\",\"Print\");var hupso_icon_type = \"labels\";var hupso_background=\"#EAF4FF\";var hupso_border=\"#66CCFF\";var hupso_image_folder_url = \"\";var hupso_url=\"\";var hupso_title=\"Ways%20You%20Can%20Use%20QuickBooks%27%20Income%20Tracker\";<\/script><script type=\"text\/javascript\" src=\"https:\/\/static.hupso.com\/share\/js\/share.js\"><\/script><!-- Hupso Share Buttons --><\/div>","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,7,5,6],"tags":[],"class_list":["post-155","post","type-post","status-publish","format-standard","hentry","category-accounting","category-our-services","category-quickbooks-desktop","category-training-in-qbks-accounting"],"_links":{"self":[{"href":"https:\/\/www.acctbusol.com\/blog\/wp-json\/wp\/v2\/posts\/155","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.acctbusol.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.acctbusol.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.acctbusol.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.acctbusol.com\/blog\/wp-json\/wp\/v2\/comments?post=155"}],"version-history":[{"count":1,"href":"https:\/\/www.acctbusol.com\/blog\/wp-json\/wp\/v2\/posts\/155\/revisions"}],"predecessor-version":[{"id":156,"href":"https:\/\/www.acctbusol.com\/blog\/wp-json\/wp\/v2\/posts\/155\/revisions\/156"}],"wp:attachment":[{"href":"https:\/\/www.acctbusol.com\/blog\/wp-json\/wp\/v2\/media?parent=155"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.acctbusol.com\/blog\/wp-json\/wp\/v2\/categories?post=155"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.acctbusol.com\/blog\/wp-json\/wp\/v2\/tags?post=155"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}