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QuickBooks Accounting – Troubles Faced Businesses and How to Fix Them?

Like every software, QuickBooks has its pros and cons. Checkout this presentation to know about the problems QuickBooks users face and how to fix them.

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QuickBooks Accounting – Troubles Faced Businesses and How to Fix Them?

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  1. COGNEESOL QUICKBOOKS ACCOUNTING Troubles Faced by Businesses and How to Fix Them?

  2. QuickBooks is a business accounting software program that works great for a solopreneur to a mid-sized business for managing expenses and sales and keep track of daily transactions. It is used for generating reports for planning, invoice customers, pay bills, tax filing, and more. Every business software has its pros and cons. Here we have discussed some problems that are faced by businesses using Quickbooks accounting and how to solve them.

  3. Troubles Faced by Businesses and Their Solutions

  4. 1 It is one of the most typical problems and is usually the toughest to troubleshoot. In Quickbooks, if there is even a minute problem with the network, it is likely for the connection to be a lost. Lost Connection to Data File

  5. SOLUTION For troubleshooting this problem, make sure that your antivirus programs and firewall are not blocking your network connection. You can then make use of the QuickBooks Connection Diagnostic Tool for solving the issue.

  6. 2 Preferences Set up is not Correct 1 Many times while using QuickBooks for your business, the preferences are not set up correctly. This leads to the inefficient working of the software.

  7. Before you start using QuickBooks for your business, make sure that you set up email template preferences, charges for late payments, reporting options, and add your default bank account for receiving payments and paying bills. SOLUTION

  8. 3 Re-Installing QuickBooks Trying to reinstall QuickBooks, if it is not installed properly, can give you some trouble as it fails or gets corrupted.

  9. SOLUTION Make sure that the previous version of QuickBooks is uninstalled properly. Standard Windows uninstall method can be used for the same. Use the guide that is available in the installation CD to help you with the process.

  10. 4 Outdated, Unreadable Compaany Data Files 1 When a newer version of QuickBooks is installed, you may find that the data from the previous version cannot be read. This can lead to the loss of some critical information.

  11. SOLUTION In such a case, you need to update your QuickBooks company file if you want to access it in the newer version. You can update the data file after running a backup.

  12. 5 Locked Data Files When Moving to Another Location When you copy or move QuickBooks data file to an external hard drive or any other removable device, you may find that QuickBooks Server Manager and Directory Monitor has locked down the file. Commonly, An error message is displayed that says file cannot be opened and instructs you to check if the same is in use by another program.

  13. SOLUTION In such a situation, ensure that your QuickBooks is up to date. Try restarting your computer and select ‘Run as Administrator’ when you restart the program. You can also try updating your Windows Permissions to help you with this problem.

  14. 6 Running Slow in Multi-User Mode As is the case with any slowdown, this problem is a crucial one causing many issues. You can face issues in your data file if you have a ruled out hardware.

  15. SOLUTION The fastest resolution to solve this problem is to use the Clean Up Company Data tool found in File Utilities. If still, you do not get the required speed boost, you can always turn off the Audit Trail feature.

  16. 7 Unable to Add an Accountant 1 Many users face problems while adding an accountant as when they click on accountants’ under ‘Manage users’, there is nothing to click onto.

  17. SOLUTION You can solve this problem by verifying user permissions and trying to add an accountant in the private browsing window.

  18. 8 Don’t know how to enter accounting data in QuickBooks / New to QuickBooks 1 To start with, new software can be overwhelming, and the same is the case with QuickBooks. You may face problems like entering the data in QuickBooks.

  19. SOLUTION Hire experts to handle this problem for you. You can set up an in- house team that is expert with QuickBooks management or you can outsource the process to a professional firm. Both ways, it will become easier for you to deal with your accounting needs and you will achieve quality results by hiring experts.

  20. We at Cogneesol provide best quality QuickBooks Accounting Services and help you to reach your business at new heights. Outsource your accounting tasks to skilled professionals. You can contact Cogneesol to resolve your problems. How Cogneesol Help You in All These Problems?

  21. Cogneesol is a leading business process outsourcing company. Established in 2008, it provides various services like legal support, finance and accounting, data management, insurance back office and research & analysis. At Cogneesol, we have a client-centric approach and our professional team ensures that your business processes are handled efficiently.

  22. ADDRESS 30 Wall Street, 8th Floor, New York, 10005-2205 PHONE GET IN TOUCH WITH US +1 646 688 2821 EMAIL info@cogneesol.com WEBSITE www.cogneesol.com

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