QuickBook Tips & Tricks – Customer Center

QuickBooks Tips & Tricks – CustomerCenter

There are many resources available within QuickBooks that most people do not take advantage of. One of these is the customer center. This “snapshot” screen provides a wealth of information in an easy to review format.

Included on the customer center view at the top is a summary of customers with open balances and links to several decisions tools. The bottom section of the center permits choosing two reports: The types of reports include the 10 most profitable customers, 10 least profitable customers, and similar choices for jobs, products, and services. In addition there are reports based on unbilled job related expenses and customers with overdue balances.

QBRA-2004: Customers > Customer Center

In addition to the information being useful for management purposes, this center is also a great way to double check the file before performing the condense procedures. For example, any unbilled time and costs will not automatically condense. In the older versions especially this can be a big issue.

TIP: An add-on product, Customer Payment Analyzer 2, permits analyzing payment data history by customer, invoice, or detail.  The days it takes a customer to pay an invoice is extremely useful; reducing the number of days even slightly will often have dramatic effects on cash flow.  This tool automates that process.