Preserve your relationships with customers, vendors, and others by setting up reminders in QuickBooks. How many calendars do you maintain? Many business people have more than one. Maybe you use a web-based or desktop application like Google Calendar or Outlook for meetings, task deadlines, travel dates, etc. Your Customer Relationship Manager (CRM) might have another. Perhaps you still have a paper calendar as a backup.
But where do you keep track of bills that need to be paid, invoices that have to be sent, inventory items that must be ordered, etc.? Do you include that information in your general business calendar(s) and hope they don’t get lost in the shuffle?
QuickBooks has a better solution. The software contains a dedicated set of tools that automates the process of setting up and displaying reminders. Once you’ve created them, they can be the first thing you see when you open QuickBooks in the morning.
Using Reminders
Warning: If you do not launch QuickBooks frequently, consider tracking your critical accounting tasks using a different method.
Getting a Head Start in QuickBooks lets you specify exactly when you want to receive reminders of upcoming activities. To set this up, open the Edit menu, then click Preferences, and then Reminders | Company Preferences.
Note: If you want QuickBooks to display your reminders every time you launch the software, click on the My Preferences tab and make sure that the box in front of Show Reminders List when opening a Company file is checked. If it isn’t, click in the box.
Figure 1: QuickBooks provides personalization tools for your reminders.
As you can see, QuickBooks offers three options for every activity type. It can either display a summary of the tasks that need to be completed, or it can actually list all of them in the Reminders window. And you’ll be able to tell QuickBooks how many days prior to the deadline your reminders should appear. You can also opt not to be reminded.
Making modifications in this window is easy. Just click on the appropriate circle next to each task to indicate your preference, and change any numbers in the Remind Me column to tell QuickBooks when it should start showing the reminder.
If you didn’t indicate that you wanted the Reminders window to open every time you launch QuickBooks, you can always access it by opening the Company menu and selecting Reminders.
Using the List
Figure 2: Reminders in the left column are current, and those on the right are upcoming tasks.
The Reminders list displays items in two columns. Tasks that need to be done on the current day appear on the left (overdue tasks appear in red). The list in the right column consists of upcoming transactions that will need to be processed soon. Each type of activity has a number in parentheses after it; this tells you how many individual tasks are pending. Click on the arrow to see the list, and double-click on any entry to open the actual transaction form.
You can add generic to-do items to either column by clicking on the plus sign in the upper right. These will appear along with your other reminders. If you want to modify anything related to your reminders, click on the gear icon in the upper right. This opens the Preferences window again.
Recurring Reminders
Transactions that repeat on a regular basis (bills, invoices, etc.) can be memorized. If the amount is always the same, create the transaction and enter the amount; if not, just leave that field blank. Click Memorize to open the Memorize Transaction window and click on the button in front of Add to my Reminders List. Open the drop-down list to the right of How Often and select the desired frequency. Make sure that the Next Date is correct. Click OK.
Figure 3: QuickBooks can add memorized transactions to your reminders list.
Reminders can help prevent serious accounting problems such as cash flow irregularities. Let us know if you’re experiencing these. We can help you determine whether poor task management is contributing to your shortfall, or if there are deeper issues that we can work with you to resolve.