A Q&A with Jeff Heybruck, CEO, Lucrum Consulting Q: What is Class Tracking In QuickBooks? A: In QuickBooks, “Class Tracking” is a …
How To Track Retainage in QuickBooks: Easy Step-by-Step Instructions
By: Jeff Heybruck Retainage, also known as holdback, is a common construction industry practice where a percentage of a project’s payment (usually …
Ignore QuickBooks Spring Cleaning at Your Peril
By: Jeff Heybruck When was the last time you looked under the cushions in QuickBooks? You’re not alone. The majority (over 60%) …
QuickBooks Online Migrations Gone Wrong: 3 Cautionary Tales
by: Lucrum Staff With the approaching end of QuickBooks Desktop, more and more organizations are considering Intuit’s cloud-based QuickBooks Online. Our team …
I’m On QuickBooks Desktop Pro or Premier…Should I Migrate to QuickBooks Online or Upgrade to QuickBooks Enterprise?
by Debbi Silva If you’re on QuickBooks Desktop Pro or Premier, you’ve likely already heard about Intuit’s plan to phase out the …
QuickBooks Integrations: A Checklist To Successfully Plan Your Next Integration
By: Jeff Heybruck In addition to reducing tedious, duplicative data entry across multiple systems, integrating apps with QuickBooks can enable real-time financial …
QuickBooks Desktop 2024: What’s New & Different
By: Debbi Silva The 2024 release of QuickBooks Desktop brings a few notable updates and changes. As our accounting software of choice …
Is QuickBooks Desktop Being Phased Out? – Your FAQs Answered
Heard the buzz about QuickBooks Desktop being phased out, but aren’t sure what that means for your organization? Our Lucrum QuickBooks experts …
The Power of QuickBooks Custom Reports: Real-World Use Cases
Out-of-the-box reports in QuickBooks are a great starting point, but QuickBooks custom reports are the key to creating actionable financial dashboards. We …
Advantages of QuickBooks Desktop vs. Online
By: Jeff Heybruck While QuickBooks Online has gained popularity for its accessibility and cloud-based convenience, QuickBooks Desktop continues to be a strong …
QuickBooks Setup Dos & Don’ts For Actionable Reporting
By: Jeff Heybruck Whether running a salon with multiple locations or managing a services business across territories, proper QuickBooks setup is crucial …
Budgeting in QuickBooks 101: Create A Budget In QuickBooks
By Jeff Heybruck Short on time? Take me to the key takeaways. Business owners who fail to spend at least one day …
Job Costing in Quickbooks: Setup Tips & Best Practices
by Jeff Heybruck Job costing, or the process of tracking the costs and expenses associated with a specific job, project or account, …
Frequently Asked Questions – October
In the decades we have spent with our clients, we often see the same questions come up. We thought it would be …