See how automation and QuickBooks make your business run better
Peak Advisers is honored to work with great companies like Webster Associates of Denver, Colorado on projects related to automating financial management systems and improving workflow and growth with applications that make sense.
How to fix QuickBooks POS V19 PIN Pad issue
Intuit's manufacturer of the Tetra Lane 5000 PIN Pad has identified a defect in the software. The blog contains information about how to fix the issue.
Update QuickBooks desktop software now for tax form 1099-NEC
Peak Advisers encourages you to update your QuickBooks Desktop software. The newly released update includes the highly anticipated 1099-NEC form to file the informational IRS return regarding Nonemployee Compensation paid to Contractors.
QuickBooks Online tip: Get quick access to shortcut keys
There is a quick way to get access to helpful shortcuts in QuickBooks Online. Just press CTRL + ALT + ? at the same time to access it.
Action required for tax form 1099 filers
Effective for tax year 2020, the IRS has changed guidelines for reporting non-employee compensation on form 1099. The government has brought back form 1099-NEC to report non-employee compensation. If you need to file both the 1099-NEC and the 1099-MISC, you may need to update your chart of accounts in QuickBooks. Please review this post for detailed steps you must complete prior to completing 1099 forms for tax year 2020.
QuickBooks tip: Use customer type field for better tracking, reporting
Here is a little used but very powerful field within QuickBooks – the customer type field. Often overlooked, this field can add a whole new dimension to your QuickBooks customer data.