We are now officially past the half way mark for 2017 and taxes are done, hopefully. Now is a good time to review your internal bookkeeping processes. Not all processes are (or should be) set in stone. As the business grows and changes, some of the bookkeeping tasks...
Tips and Articles
Moving to QuickBooks Online
Using a new program can be daunting. You have heard about all the great features of QuickBooks Online and want to use them, but you are afraid you won’t know what to do once you sign up. Whether you are considering making the switch from QuickBooks desktop or starting...
Using the Online Banking Feature in QuickBooks Online
Using the bank matching feature of QuickBooks Online is a great tool to use and can potentially save you a tremendous amount of time. With that being said, it can also put you in a bit of a dilemma if you don’t know how to use it correctly. In this blog, I will...
The Importance of Source Documents
In the bookkeeping world today technology has made it very easy to get information into your QuickBooks file. The option to download transactions into your QuickBooks file has certainly streamlined the process. But, don’t get too caught up in this process of relying...
Reconciling Your Accounts in QuickBooks
Reconciling your accounts in QuickBooks can be very important. One of the main reasons you reconcile is to give yourself a true picture of where you stand with your finances. Many people don't reconcile and rely on their bank balance; this can be very dangerous....
Salary or Draw? How to pay yourself as a Business Owner
Congratulations! Your small business has moved beyond the initial start up phase and is now a profitable venture. Although you may have worked for free in the early days, it's time to pay yourself for your efforts. You generally have two options for taking home...
How to Delegate Effectively
As an entrepreneur, you're used to handling dozens of responsibilities, from generating leads to taking out the trash. But trying to cover all the bases yourself can be not only exhausting, but also potentially harmful to your business. "Small-business owners who...