Here are five most common QuickBooks mistakes made by businesses and their resolutions.

1. 5 QuickBooks Mistakes Every
Business Should Avoid

2. Many businesses are using QuickBooks for managing their finance but
only few of them are using it correctly. These mistakes might not seem
important but in the long run they can be disastrous. Following are the top
five mistakes businesses should avoid when using QuickBooks.

3. 1. Not Reconciling Bank Accounts

4. An account’s integrity
depends on reconciliation
which guarantees its
accuracy.
If your account is
attached to QuickBooks ,
make reconciliation a
regular habit.

5. 2. Not Using Shortcuts

6. Keyboard shortcuts are not used as they should be. Not only
do they allow quicker navigation but also reduce wear-and-
tear of your wrists.

7. 3. Not Backing Up
Your Account

8. QuickBooks data is very important. The loss of this data can
cripple a company. Regularly back up your QB data so that it
is safe from unexpected problems.

9. 4: Not Upgrading
Software Versions

10. Many accountants and CPAs use older versions of
QuickBooks, deeming the extra expense needless.
However, having an updated software has its own
benefits as it comes with new software fixes and tax laws.

11. 5:Entering A Bill
And Then Writing A
Check

12. Bills and checks should not be mixed. Use the “Enter bills” and
“Write checks” window for their respective purposes. Go to
“pay Bills” for payments.

13. Mistakes are a part of the
understanding process. They
help build the expertise
needed to prevent headaches.
So don’t worry just learn from
mistakes!

14. About Us
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16. References:
5 QuickBooks Blunders That Can Bury Your
Business – EduPristine
QuickBooks Support Knowledgebase –
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