17 QuickBooks Tips For Green Industry Businesses

▤ Summary

This ensures that transactions are correctly categorized according to the vendor, based on the account history. You can utilize this report to review which vendor you do the most business with to leverage discounts or payment terms in the future. When categorizing transactions, include the customer’s name for all Cost of Goods Sold expenses. • Utilize the “Rules” function in the bank feeds section of QuickBooks, but don’t rely on it 100%. • Capture all information for vendors (full legal name, nickname if applicable, email, phone, address, EIN—regardless of whether they are 1099 or not).

▦ Linked Companies

HindSite Software

$1M to $5M