Monday, August 25, 2008

QuickBooks Setup Help - Which Industry Should I Choose For My Business?

While going through the initial setup in QuickBooks, the program prompts users to select their industry. Sometimes, a user's industry is not clearly listed. For example, "Computer Service & Repair," is not one of the choices. I'm sure there are many other businesses that are not clearly listed in the "Select Industry" section of the QuickBooks setup screen.

QuickBooks asks for your industry for two reasons:

* So it can load a Chart of Accounts that closely matches what you need
* So it can load preset reports that closely match what you may need

If your industry is not listed, don't worry. Select an industry that is the closest match by examining the source of your business' revenue. This will help you determine a close match on the industry.

To use the "Computer Service & Repair" example above, if the majority of this business' revenue is derived from retail sales, then I would suggest to select Retail as the industry. If the majority of this business' revenue is derived from consultations and service, then I would suggest to select Consultant as the industry.

Here's why you don't need to select an exact match on the industry:

1. QuickBooks is extremely flexible about the Chart of Accounts. Even though QuickBooks loads a preset Chart of Accounts customized for each industry, accounts are easily added or modified. When you pick an industry that is a close match, you can create or delete accounts that are custom to your business.

2. QuickBooks is extremely flexible about it's reports. In fact, one of the things I love most about QuickBooks is it's powerful reporting features. Although the preset reports for each industry are nice, custom reports are easily created and memorized, regardless of the industry chosen in the setup.

I'm a huge fan of getting QuickBooks setup correctly the first time. One of the most important parts of the setup is the Chart of Accounts. But don't worry if your industry is not immediately apparent, as QuickBooks is very forgiving if the incorrect Chart of Accounts is chosen. Just add, delete, or modify accounts as needed.

About the Author: Jennifer A. Thieme is a Certified QuickBooks ProAdvisor who loves to help people with QuickBooks. She brings unique insight, clear instructions, and over ten years of experience to all of her QuickBooks articles. Owner of Solid Rock Accounting Services, Jennifer's clients enjoy these same benefits on a personal and regular basis. You can too - visit http://www.jenniferthieme.com/quickbooks-help.html and get more QuickBooks help.

Article Source: http://EzineArticles.com/?expert=Jennifer_A._Thieme

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While going through the initial setup in QuickBooks, the program prompts users to select their industry. Sometimes, a user's industry is not clearly listed. For example, "Computer Service & Repair," is not one of the choices. I'm sure there are many other businesses that are not clearly listed in the "Select Industry" section of the QuickBooks setup screen.

QuickBooks asks for your industry for two reasons:

* So it can load a Chart of Accounts that closely matches what you need
* So it can load preset reports that closely match what you may need

If your industry is not listed, don't worry. Select an industry that is the closest match by examining the source of your business' revenue. This will help you determine a close match on the industry.

To use the "Computer Service & Repair" example above, if the majority of this business' revenue is derived from retail sales, then I would suggest to select Retail as the industry. If the majority of this business' revenue is derived from consultations and service, then I would suggest to select Consultant as the industry.

Here's why you don't need to select an exact match on the industry:

1. QuickBooks is extremely flexible about the Chart of Accounts. Even though QuickBooks loads a preset Chart of Accounts customized for each industry, accounts are easily added or modified. When you pick an industry that is a close match, you can create or delete accounts that are custom to your business.

2. QuickBooks is extremely flexible about it's reports. In fact, one of the things I love most about QuickBooks is it's powerful reporting features. Although the preset reports for each industry are nice, custom reports are easily created and memorized, regardless of the industry chosen in the setup.

I'm a huge fan of getting QuickBooks setup correctly the first time. One of the most important parts of the setup is the Chart of Accounts. But don't worry if your industry is not immediately apparent, as QuickBooks is very forgiving if the incorrect Chart of Accounts is chosen. Just add, delete, or modify accounts as needed.

About the Author: Jennifer A. Thieme is a Certified QuickBooks ProAdvisor who loves to help people with QuickBooks. She brings unique insight, clear instructions, and over ten years of experience to all of her QuickBooks articles. Owner of Solid Rock Accounting Services, Jennifer's clients enjoy these same benefits on a personal and regular basis. You can too - visit http://www.jenniferthieme.com/quickbooks-help.html and get more QuickBooks help.

Article Source: http://EzineArticles.com/?expert=Jennifer_A._Thieme

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Why the Travel Industry is the Best Business Industry

When choosing a business opportunity, it is very important that you chose one that is associated with an industry that is flourishing. The last thing you want is to have to market a product or service that is not in demand. One of the best industries you can chose to focus your business efforts is the travel industry.

Travel is one of the luxuries that won't be going any anytime soon. In fact, the travel industry is the largest commercial industry in the world. It is currently a 7 trillion dollar industry and it is predicted to double over next 8-10 years. That's crazy! The internet has really played a significant role in the growth of the travel industry. Forty-three percent of every dollar spent on the internet is spent on travel.

The travel industry is one that most business gurus are trying to get their piece off. The travel industry is so lucrative that even some of the richest people in the world are getting their piece. Donald Trump started his own travel company in 2006. Even Bill Gates has a piece. He bought a whole chain of hotels!.

Another thing that makes the travel industry a great venture are the baby boomers. The baby boomers are the largest target market out of any group of individuals. Ten thousand baby boomers turn the age of 60 each day. And with 74 million baby boomers, that's one every 8 seconds for the next 20 years. These retirees have time and money and they want to travel. With a target market that big, the travel industry is positioned to always be ahead of the pack. For more information on the baby boomers, check out my other article.

Copyright © 2008 Nate Falconer.
Nate is a professional network marketer who teaches others how to be successful in network marketing using both traditional and non-traditional methods. If you want to get in touch with Nate or learn more about network marketing success please visit:

Free Network Marketing Advice

Article Source: http://EzineArticles.com/?expert=Nate_Falconer

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When choosing a business opportunity, it is very important that you chose one that is associated with an industry that is flourishing. The last thing you want is to have to market a product or service that is not in demand. One of the best industries you can chose to focus your business efforts is the travel industry.

Travel is one of the luxuries that won't be going any anytime soon. In fact, the travel industry is the largest commercial industry in the world. It is currently a 7 trillion dollar industry and it is predicted to double over next 8-10 years. That's crazy! The internet has really played a significant role in the growth of the travel industry. Forty-three percent of every dollar spent on the internet is spent on travel.

The travel industry is one that most business gurus are trying to get their piece off. The travel industry is so lucrative that even some of the richest people in the world are getting their piece. Donald Trump started his own travel company in 2006. Even Bill Gates has a piece. He bought a whole chain of hotels!.

Another thing that makes the travel industry a great venture are the baby boomers. The baby boomers are the largest target market out of any group of individuals. Ten thousand baby boomers turn the age of 60 each day. And with 74 million baby boomers, that's one every 8 seconds for the next 20 years. These retirees have time and money and they want to travel. With a target market that big, the travel industry is positioned to always be ahead of the pack. For more information on the baby boomers, check out my other article.

Copyright © 2008 Nate Falconer.
Nate is a professional network marketer who teaches others how to be successful in network marketing using both traditional and non-traditional methods. If you want to get in touch with Nate or learn more about network marketing success please visit:

Free Network Marketing Advice

Article Source: http://EzineArticles.com/?expert=Nate_Falconer

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Top Internet Home Based Business In Travel

A top Internet home based business in travel is a very viable preposition indeed. This is because of several reasons and we will mention some of them in this article.

The first reason why getting involved in a top Internet home based business makes a lot of sense is the fact that the world travel industry is one of the very few world industries that is not in decline. In fact thanks mainly to the World Wide Web, which seems to have fueled lots of traveling for both business and pleasure, the travel industry has been growing steadily in recent times.

Not even 9/11 and the disastrous after effects that are still affecting us all, has managed to halt the travel industry's consistent growth. This is one of the main reasons why this industry has to be classified amongst the top Internet home based business opportunities anybody can get involved with today.

The advantages of going into a business based on an industry that is experiencing growth are obvious. Growth and ultimately success is much more likely for a top Internet home based business that is in a growth industry than it is for one which is not.

Also, there is no ignoring the fact that some of the most successful top Internet home based business affiliates are in a travel related industry. This is one industry that is a natural for an Internet business. The World Wide Web makes it very easy to market with photographs, videos and 3D images that can give one a pretty accurate feel of what a hotel suite or travel destination really feels like, long before one has actually arrived there.

It is really difficult to compete with a top Internet home based business that is related to the travel industry.

Learn more about the best home business opportunity from a blogger who rakes in thousands of dollars... and growing from their home business.

Article Source: http://EzineArticles.com/?expert=Christopher_Kyalo

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A top Internet home based business in travel is a very viable preposition indeed. This is because of several reasons and we will mention some of them in this article.

The first reason why getting involved in a top Internet home based business makes a lot of sense is the fact that the world travel industry is one of the very few world industries that is not in decline. In fact thanks mainly to the World Wide Web, which seems to have fueled lots of traveling for both business and pleasure, the travel industry has been growing steadily in recent times.

Not even 9/11 and the disastrous after effects that are still affecting us all, has managed to halt the travel industry's consistent growth. This is one of the main reasons why this industry has to be classified amongst the top Internet home based business opportunities anybody can get involved with today.

The advantages of going into a business based on an industry that is experiencing growth are obvious. Growth and ultimately success is much more likely for a top Internet home based business that is in a growth industry than it is for one which is not.

Also, there is no ignoring the fact that some of the most successful top Internet home based business affiliates are in a travel related industry. This is one industry that is a natural for an Internet business. The World Wide Web makes it very easy to market with photographs, videos and 3D images that can give one a pretty accurate feel of what a hotel suite or travel destination really feels like, long before one has actually arrived there.

It is really difficult to compete with a top Internet home based business that is related to the travel industry.

Learn more about the best home business opportunity from a blogger who rakes in thousands of dollars... and growing from their home business.

Article Source: http://EzineArticles.com/?expert=Christopher_Kyalo

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