Ledger Light

What are Items in QuickBooks?

An episode of Ledger Light

By Jennifer Johnson
The Ledger Light podcast is all about accounting, tax, and QuickBooks. The podcasts are short and to-the-point, getting to the heart of the matter quickly. We're sensitive about your time.

It is on our hearts to help people understand accounting concepts. We incorporate stories, analogies, metaphors, diagrams, and tables whenever possible. Most of the podcasts here will have corresponding posts on the blog at LedgerLight.com. If we talk about a diagram or a table on the podcast, you can probably see it on the blog.
More places to listen

More places to listen

Inactive accounts in QuickBooks
Inactive accounts are doing important things for you today. Don't delete them. Instead, take care of them the way I explain here.
04:46
July 30, 2018
QuickBooks Self-Employed App: I like it, but...
I like the QuickBooks Self-Employed App, but I do have one reservation about it.
06:21
July 29, 2018
Quickly entering transactions for cash basis reports in QuickBooks
If cash basis reports are all that the firm needs, then this method for entering transactions is quick and efficient. I suspect it is even more efficient than relying on downloads. Try it and see if you agree.
10:43
July 23, 2018
QuickBooks and downloads: zero improvement in seven years
People say that technology is taking over accounting, but that is a joke, at least at the small business level. For example, there has been no improvement in the efficiency in QuickBooks downloads in the last seven years. If you're struggling with these downloads, it's probably not you. That's not going to win me any friends at Intuit, but it is the truth.
04:32
July 23, 2018
QuickBooks in the culture, part two
Here I give some of my thoughts about the appropriate situations for QuickBooks, as well as a research idea that I have about it.
03:55
July 23, 2018
Is QuickBooks embedded in the culture?
In this podcast I offer some of my thoughts about the brand of QuickBooks and how it has embedded itself into the culture of small business.
05:39
July 22, 2018
The difference between accounting and tax
In this podcast I use an analogy to explain the difference between accounting and tax. I've done this because I've noticed that small business owners get these two ideas confused but it is important to understand the difference.
03:07
July 22, 2018
Lessons learned doing forensic accounting
In this podcast I told the story about a forensic accounting assignment that I had back in the mid-1990s, and the lessons that I learned from it.
07:16
July 22, 2018
The Yin/Yang symbol and the balance sheet
Here is the story of how I put the balance sheet together with the Yin/Yang symbol.
06:36
July 21, 2018
Basic accounting theory and the Yin/Yang symbol
It is on my heart to help people understand debits and credits, and how the work with the rest of accounting. Everybody who wants to be an accountant or who uses accounting software needs to understand the basic principles upon which accounting and accounting software are built.
08:14
July 19, 2018
The three purchase windows in QuickBooks
QuickBooks has a number of ways to record purchases. Here I explain what each is, what it does, and how it impacts reports.
06:45
July 18, 2018
What are Items in QuickBooks?
If you don't understand Items in QuickBooks, don't worry because I didn't at first either. But I finally got it, and I think I formulated the easiest explanation for them that you'll find.
02:59
July 18, 2018
Limitations of relying on downloads for inputting financial information in QuickBooks
A lot of small business owners like to rely on downloading financial information into a QuickBooks file. This podcast discusses a couple of the limitations that happen if those downloads are relied upon exclusively.
05:47
July 18, 2018
Customer is also a vendor
This is a very easy fix for when you have a customer who was also a vendor, or a vendor who is also a customer in QuickBooks.
01:39
July 18, 2018
The difference between bookkeeping and data entry
Bookkeeping and data entry are two different things, especially when it comes to your QuickBooks. In this podcast I explain the difference and why it matters.
02:49
July 18, 2018
OCI, two unique thoughts
Here I address how OCI functions and what it does for the firm.
04:28
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