Volume 3 Issue 2008

 
 


Some businesses have customers who will buy only one time, or there may not be any receivables because sales are paid by cash or credit card. Other businesses use another industry specific software to keep track of their customer sales.  In any of these cases, it is not necessary to enter each customer name or customer number their address to report the sale. 

Choose to have only one customer with a generic name such as "all sales" or have a few customers and combine all like customers together for example.  Set up a customer name called "08829" which are all customers in High Bridge, NJ. Set up a customer name called "8-11" for total sales between 8am & 11am. In this scenario, choose to set up several customers only if the information will help you make better business decisions.  

By electing to enter every customer into QuickBooks you will have the ability to print up mailing labels for future marketing efforts. Producing reports that will break sales down into zip codes or time of sale can also be accomplished by using class tracking. Class tracking is commonly used to track expenses by sales, or to accumulate sales and expenses by department.  But you can use it for any purpose to track sales or expenses.  To turn on class tracking in QuickBooks under the edit menu, select preferences, then choose the accounting tab on the left. Place a check next to class tracking.
 

 
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