If you use QuickBooks Online (QBO), you’ve seen the home page many times. Every time you access the software in fact.
Too often though, we rush past some of the tools and helps presented to us in a rush to create a transaction, check a customer balance, or maybe pay a bill.
Let’s take a brief tour of the home page and see if maybe, at least sometimes, you should linger here once in awhile.
The section highlighted in the upper right gives us the balances in all our bank and credit card accounts in a quick glance. Moreover, a click on one of the accounts takes us to one of two places.
If there are transactions waiting to be matched or accepted, the Bank Feeds page will open and allow you to complete that process, thus updating the account balance.
If there are no transactions waiting, the register for that account will open.
You may not have noticed before the Private mode setting. With QBO’s mobility and anywhere anytime access, you may occasionally access your financial information while in public. You don’t want anyone peering over your shoulder and examining your bank balance.
With Private mode on, you don’t have to worry.
The Income bar is nice. That customer you wondering about? Hoping that they had paid their invoice because they’re late?
Just click on the Overdue section of the bar.
The result is a list of overdue invoices. Receive payment or resend the invoice just by clicking a link in the Action column.
Note that in the Expenses section, we are seeing the expenses of the last thirty days. By clicking the down arrow, that setting can be altered to show expenses by month, quarter, or year. Either the current or last one.
Clicking on a section of the doughnut style chart brings up a report showing the expenses creating the total shown in the graph.
Barely visible in the first screenshot is the Profit and Loss section. This area combines income and expense for a snapshot of how your business is doing. Again, you can select the date parameters you want to use.
A click on the chart will display a profit and loss report.
The final section that deserves a quick mention is the Activities list in the lower right. This section is a list of recent transactions, upcoming tasks and messages from your customers and accountant.
Hector Garcia, CPA
Certified Advanced QuickBooks ProAdvisor
7791 NW 46th St. Suite 109
Doral, FL 33166