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  1. Apr 22, 2022 · If you want to record them as assets, all you need to do is set up an account and record journal entries for the amounts. Here's how to set up an account in QuickBooks Desktop: Go to the Lists menu, then select Chart of Accounts. From the Account dropdown, select New.

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    • 4 min
    • 1693
    • Kayleigh Tubbergen
    • What Is Quickbooks?
    • Why Is Managing Contracts Painful For Legal and Finance Teams?
    • Is It Possible to Manage Contracts Using Quickbooks?
    • How to Manage Contracts in QuickBooks
    • The Benefits of Managing Contracts in QuickBooks
    • Find Out More About Integrating Juro with QuickBooks
    • Frequently Asked Questions

    Quickbooks is a piece of accounting software designed for small businesses. It’s commonly used by finance teams to manage a variety of tasks, from invoicing to accounting and even managing payroll for employees. But given that contracts and invoices often come hand in hand, how does Quickbooks fare when it comes to contract management? Let’s find o...

    It’s common for legal and finance teams to collaborate on contracts. Yet, for most businesses, the process remains inefficient. Legal teams are typically tasked with drafting commercial contracts. This typically happens in Microsoft Word by copying and pasting sections of an existing template. This template is them populated manually by entering th...

    Fortunately, it is possible to automate and manage contracts in Quickbooks. This is achieved by integrating the platform with a contract management tool, like Juro. In fact, Juro and Quickbooks can be integrated in minutes, with no code required. This is achieved through Zapier, which connects the two tools seamlessly. Let’s explore how this integr...

    Firstly, finance teams can automatically create contracts when new customers are added to Quickbooks. This can be achieved by setting up a simple trigger to automatically create a new contract when a new customer profile is added to the Quickbooks system. That way, when a new customer profile is added, the integration will create a contract in Juro...

    There are also a few more, specific benefits of managing contracts using Juro’s integration with Quickbooks. These include: 1. Greater data accuracy:rather than relying on manual data extraction and entry processes, managing contracts in Quickbooks means contract data moves between the systems seamlessly, and without the need for human input. 1. Re...

    To find out more about how Juro’s integration with Quickbooks, fill in the form below to speak to a specialist.

    Does Quickbooks manage contracts?

    Quickbooks does not have the native functionality required to manage contracts. However, Quickbooks can be integrated with a contract management solution like Juro which enables Quickbook users to manage contracts within the platform.

    Can you send contracts through Quickbooks?

    Unfortunately, it is not possible to send a contract through Quickbooks alone. Instead, users will need to integrate the accounting software with a separate tool like Juro.

  3. Mar 18, 2021 · QuickBooks 30-day free trial + 30% off for 12 months: https://quickbooks.intuit.com/partners/irp/?cid=irp-4337#pricing Purchase Access to Advanced Webinars ...

    • 35 min
    • 16K
    • Hector Garcia CPA
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  5. Jul 30, 2011 · If you hire subcontractors for a customer job, you can track the income and expenses for work performed by subcontractors in QuickBooks. First you set up service items for the work your subcontractors perform and indicate that each item represents subcontracted work.

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