Income Digs

Quickbooks for Real Estate Investors- Classes Vs. Customers


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In this episode, Nick Baldo explores the nuances of QuickBooks for real estate investors. He guides listeners on setting up invoices, customizing profit & loss reports, and using projects and class tracking. He also delves into the benefits of classes and understanding usage limits in QuickBooks.

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It's time to settle the ongoing Quickbooks/ Real Estate debate! How do you separate project-specific reporting? By customer or by class? Here I discuss the pros and cons of each strategy while ultimately delivering my personal recommendation...(Hint....the customer is always right!)

(0:00) Introduction and Overview of the Episode Topic
(1:28) Setting up and Using Customer Invoices in QuickBooks
(2:58) Creating and Customizing Profit and Loss Reports in QuickBooks
(4:06) Exploring the Use of Projects and Class Tracking in QuickBooks
(7:22) Advantages of Using Classes in QuickBooks
(9:58) Understanding Usage Limits in QuickBooks
(10:23) Using Classes to Differentiate Areas of Business
(11:01) Closing Thoughts and Contact Information
...more
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Income DigsBy Nick Baldo