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This change impacts all Bank of Ireland connections Quickbooks have recently implemented an important update which will require you to disconnect and reconnect your Bank of Ireland account to the QuickBooks Online platform. This change impacts all Bank of Ireland connections as we continue to develop our service for all customers moving forwards. What will…

Differences in Accounting methods There are 3 different methods for reporting incomes and expenses in QuickBooks Online. Each report will be different depending on the method you choose. Having the function for different report can be very beneficial when preparing management account. Below we will explain the three methods Quickbooks has to offer: Cash Your…

Irish bank feeds affected by Brexit – Xero Do you miss your bank integration? Do you want to move from Xero to QuickBooks? We can help at www.accountancysoftware.ie   What you need to know about Xero Irish bank integration Brexit stopped Xero from being able to passport their regulated status into Ireland. As a result,…

Budgeting in Quickbooks Online Nearly 50% of new businesses fail in the first 5 years. Planning is essential for a successful business. Estimating future income and expenses helps plan for the future and then allows you to compare against actual figures. The budgeting feature in QuickBooks online makes this convenient for you to do. Quickbooks…

QuickBooks Apps   Eliminate Data Entry and save time by connecting  Quickbooks with apps & services you already use. You can you get even more out of your system by using apps that integrate to QuickBooks. All these apps can be viewed at https://quickbooks.intuit.com/app/apps/home/ and could make your life a lot easier. Here is a…

Banking Tab You can connect your bank and credit card accounts directly to QuickBooks Cloud. Each day QuickBooks will pull all transactions from the previous banking day. The data is then brought into a review area in QuickBooks for you to post to your accounts. Other features such as rules then let you tell the…

How to accurately record bills and expenses There is a difference between a bill and an expense, it is important to keep this in mind when inputting your supplier transactions on your Quickbooks Online account. Bills A document to show how much you owe your supplier at a future date. For example, you might get…

Customising your invoice QuickBooks Online Quickbooks online offers the feature to create and customise your companies invoice straight from your Quickbooks online file. You can include/exclude many different types of information to suit your companies’ requirements. You also have the option to add your company logo and customise the colouring to match. These include- Name,…

Accountancy Software plays such a big role in the day-to-day function of a business, so it is understandable that many bookkeepers and accountants may be reluctant to switch to a new software. Below find the answers to some frequently asked questions [FAQ] from potential Quickbooks Online customers before they made the switch.   Will I…