Accounting Fun Facts
Hello friends. Please enjoy the following
accounting fun facts.
Be sure to check back from time to time since we'll continue to add more accounting fun facts. Think how knowledgeable you'll become!
1. The tax code has expanded by one million words in the past five years.
2. The Income Statement will tell you if your advertising is 50% of sales.
3. Peachtree can notify you of late invoices through E-mail Alerts.
4. After converting from OWP to Peachtree, you may want to see the full detail General Ledger information for earlier in the year - prior to conversion. To see this, you'll need to switch to the One-Write Plus program and see the information there or review the OWP General Ledger that was printed at the time of conversion.
5. Best Software will support One-Write Plus through January 31, 2006.
6. The QuickBooks command for reconciling is BANKING/RECONCILIATION.
7. The command to create a new field for the customer card in QuickBooks is EDIT CUSTOMER/ADDITIONAL INFORMATION/DEFINE FIELDS.
8. The nice thing about how QuickBooks deals with sales taxes is the fact that QuickBooks can automatically pay the sales taxes.
9. To move fields around on the invoice, QuickBooks uses the CUSTOMIZE LAYOUT WINDOW.
10. To setup E-mail alerts in Peachtree use TASKS/ACTION ITEMS/ALERT.
11. To set up a Favorite in Internet Explorer use FAVORITES/ADD TO FAVORITES.
|