Another payment from dungeons-treasures.com.
Another payment from dungeons-treasures.com.
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Unlike Quicken, QuickBooks is based on a standard double-entry accounting system. It's also designed with more data-entry functionality. In other words, instead of entering transactions into accounts directly, you perform activities like creating invoices, receiving payments, etc. which automatically update the proper accounts. Although QuickBooks doesn't have the artificial distinction between balance sheet accounts and income/expense accounts that Quicken does, it does display different types of accounts differently, which makes it confusing and hard to edit data. For example, when you view an Accounts Receivable account in the register, you can see each entry, but not the balance of the account. cite:webdevelopersjournal.com by softwaresfinder
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Unlike Quicken, QuickBooks is based on a standard double-entry accounting system. It's also designed with more data-entry functionality. In other words, instead of entering transactions into accounts directly, you perform activities like creating invoices, receiving payments, etc. which automatically update the proper accounts. Although QuickBooks doesn't have the artificial distinction between balance sheet accounts and income/expense accounts that Quicken does, it does display different types of accounts differently, which makes it confusing and hard to edit data. For example, when you view an Accounts Receivable account in the register, you can see each entry, but not the balance of the account. cite:webdevelopersjournal.com by softwaresfinderOther Member's Reactions
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