1 Reorganization by teams decreases the need for management layers, accelerates information flows, and eliminates the errors and rework caused by multiple handoffs.  Improve quality. Business Process Reengineering improves quality by reducing the fragmentation of work and establishing clear ownership of processes.
1 Consider using alternate sets of disks (or other removable media like flash drives or portable hard drives) when backing up your files. 2  At least once a month, make a backup copy of your QuickBooks file and store it off your premises.
When you enter in your opening balances of your assets and liabilities, QuickBooks figures out the amount of equity and records it in an equity account called Opening Bal (Balance) Equity. QuickBooks also sets up another type of equity account called Retained Earnings.