AFB Business Solutions - Accounting set up and training in sound accounting practices today for
tomorrow's success story...
Call today for an free initial consultation  at (408) 531-1617 or e-mail us at info@afbbusinesssolutions.com.  
You will receive thorough training in all the features of QuickBooks.  We also offer optional training in
accounting practices.

Return to the QuickBooks Training page here Training
A Fresh Perspective on Asset Management

When attending a large meeting of business owners and executives, I engaged in a discussion with another business owner about
managing business.  I suggested to him that to be successful in growing our businesses, we must be able to manage our vendors,
customers, and bankers in addition to our employees.  

He gave me a puzzled look and asked, "How do you manage your vendors, customers, and bankers when they don't work for
you?  They are not within your span of control."

"Good question,"  I replied.  

Indeed, span of control does not always equate to managing, but sound management cannot be restricted to span of control.  
You manage your constituents by keeping track of them and how they are taking care of your business.  Customers, vendors,
bankers, and stockholders all have a vested interest in seeing you be successful.  This success means managing them.  You
want to take care of all of those who have a vested interest in your business success.

How?  By maintaining accurate records of your transactions with them.  For example, your vendors are an asset to your business.  
They provide you with inventory, capital goods, and supplies for producing your products and services.  Without them, you would
quickly go out of business.  You not only keep records of transactions with them, but you want them to know that you want the
best ones available.  Therefore, you perform credit checks, also.

You also want to insure that you manage all of your assets well, because they are part of your working capital for growing your
business.  Among these items are your cash and cash equivalents, inventory, and fixed assets.  All of these are vitally important
to your success as a business owner.

QuickBooks helps you in these tasks.  Included with the QuickBooks accounting software are management tools for interacting
with your customers, vendors, bankers, and employees.
Customer Management

invoices, and credits.invoices,
and credits.

You will learn:

  1. Performing credit checks
  2. About the variety of
    formats available for sales
  3. How to save purchase
    and sales forms
  4. Setting up customers and
    products items
  5. Creating letters and
    statements
  6. Creating Sales Orders
    and tracking back orders

From one screen you can view:

View detail transactions, such
as:
  1. Purchase orders
  2. Shipment receipts
  3. Invoices or bills
  4. Invoice or bill
    payments
  5. Check history
  6. Credit card activity
Simply click the category you
wish to review by vendor, and
all the transaction history by
vendor it is right in front of you.
Invoice History
Training in Vendor Management

Yes you do manage your vendors!  You
qualify them, determine when and what you
purchase from them, and negotiate with them for
pricing and terms.

We will set up your accounting system so you can
keep track and manage all your vendors -
Purchase Orders, Receipt of goods, Invoices,
Payments, and type of Payment, i.e., check, cash,
or credit card.

Training will consist of:

  • The ways of transacting invoices in
    QuickBooks
  • Entering invoices
  • Paying invoices
  • Dealing with discounts

Call AFB Business Solutions at (408) 531-1617
or e-mail us at infor@afbbusinesssolutions.com.
Vendor Payments
Purchase Order history