KNKBS EDU

Check out our articles for extra insight into our services and the products we use; 

learn best practices, how to avoid common issues, and more!

Setting up your Chart of Accounts in QuickBooks

Not sure where to start with setting up your Chart of Accounts in QuickBooks? Here's an overview, with standard numbering system and an explanation of each type of account.

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How to Handle Customer Deposits in QuickBooks

Here's our guide on how to handle customer deposits without invoicing the customer, which creates reporting issues and duplicate documents.

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How to Handle Deposits Prepaid to Vendors for Inventory Purchases

You may come across vendors requesting prepayment for inventory purchases. But if you enter an item receipt, inventory will be incorrect, as you haven't actually received the items. We'll walk you through how to handle this in QuickBooks.

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Bills and Bill Payments vs. Checks

Have you ever wondered why there are two different ways to pay your vendors in QuickBooks?

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