Bookkeeping using QuickBooks software

Bookkeeping isn't quick and it isn't simple.  '

Nor can you expect to learn how to use software even though it's advertised as being quick or simple. 

If you aren't a farmer, fisherman or commission sales person, you're required to do accrual accounting. 

Not only that but you're expected to keep a full set of records, not just the receipts, and not just the payment records, but both the receipts and the payment records. In fact, if you don't pay a bill, you are required to add back the expense if it isn't paid within 2 years.  That's because S. 78 of the Income Tax Act requires an add back if you don't pay for something.  How would you protect yourself, proving you paid for something?  Double entry, accrual bookkeeping is top of the list.  By recording the purchase on the date the purchase, and the payment on the date of the payment, you're providing an audit trail to prove you paid for your purchases.
Accrual accounting is also necessary to keep track of what you sell and how people paid you to determine that you were paid.

If you're a business owner, you expect to access your bank balance, adjusted for what's not yet cleared the bank as well as what's owed to you (Accounts Receivable by Customer) and what you owe (Accounts Payable by vendor).  Then, it's important to pay employees based on their time worked of course...

All of that requires full accrual accounting every day and not just an adjustment by the accountant at year end.

I've put together a series of videos talking about how to do all of that using QuickBooks. 

If you are an accountant who currently hates using QuickBooks software but your clients are leaning towards using QuickBooks software because Intuit has targeted them and sold them on the value of using the software, it's time to take a fresh look.

...Or the operations manager has seen the kind of reporting that can be accomplished by using the Items in QuickBooks software, and is pushing for you, the business owner and the bookkeeper to make the switch, this series of videos could be for you. 

Why would I bring that up as a reason?  I've had a number of calls this past year from operations managers begging me to figure out how they could persuade their owner/managers and bookkeepers to make the switch.  They all tell me they are tired of creating spreadsheets separate from the company record keeping process in order to figure out how to make business decisions that their books and records should be able to provide.