QuickBooks resources, tips, news
They’re one of the rewards you get for your conscientious accounting work: reports. Are you using them to make better business decisions.
What do you see when you log on to QuickBooks Online? Your most important business numbers represented by real-time charts. Profit and loss. Income and expenses. Sales. And all of your account balances.
This is a great way… Continue reading
Tracking even the little expenses is important.
How does most of the money you owe individuals and companies get disbursed? Do you print checks, or write them by hand? Use credit cards? Pay online through your bank’s website?
Keeping track of your outgoing funds can be challenging, since there are so many ways to complete those transactions. However, it’s… Continue reading
QBO’s tools are generic enough that myriad businesses can use it. However, custom fields and classes help you shape it to meet your specific needs.
Small business accounting is not a one-size-fits-all proposition. Your company is unique in that sense; you have your own customers and products, vendors and services. Your requirements for your accounting application—what it must do… Continue reading
Whether you’re just launching a business or you’re going online with an existing company, take some time to get acquainted with QuickBooks Online.
Your first hour with any web-based application is probably spent exploring and clicking buttons, links and other navigation tools to get the lay of the land.
QuickBooks Online should be no different. In fact, it’s even more… Continue reading
A break-even analysis explores the relationship between expenses and revenues. Revenues are the amounts you earn for selling your product or service. Expenses are your operating and production costs. But before we start figuring at what point we can break even, let’s go back over some accounting terminology:
- Variable expenses are tied to your revenues. Revenues go up, variable… Continue reading
As this year comes to an end, below is a checklist for year-end closing.
- Get Organized – Finding all of your receipts for any deductions you may be claiming on your tax return.
- Review Personal Bank Statements – For any business charges you paid for out of your personal account.
- Review Business Bank Statements – For any personal charges and… Continue reading
QuickBooks Tips And Tricks: Make it Yours
No matter which version of QuickBooks you’re using, there are always ways to make your workday easier. As with any software, we tend to learn the features we need and not much more. But small changes in the way you operate can add up to significant time savings and more accurate files. If… Continue reading
Some types of businesses always use sales receipts. Some use them occasionally. Here’s what you need to know about them.
How do you let your customers know how much they owe you, and for what products or services? In these days of ecommerce and merchant accounts, your customers may provide a credit card number over the phone or on a… Continue reading
There are many reasons why your customers send in payments past their due dates. Maybe they missed or misplaced your invoice, or they’re disputing the charges. They might not be very conscientious about bill-paying. Or they simply don’t have the money.
Sometimes they contact you about their oversight, but more often, you just see the overdue days pile up in… Continue reading