Written by Finding the right small business accounting software can be challenging, but the research is well worth the effort if you can find an affordable and easy-to-use program that meets your needs.
READ MORE »Posts tagged QuickBooks
Putting the “One Click” back into “One Click” Accounting Software
Written by For small business owners, time is one asset that there can never be enough of. Sometimes, often in fact, these also eat into the evening and the weekend. This is a fact that employed friends rarely realize when they envy the ‘freedom’ that your self-employed status suggests! One area for all of us that can take up considerable amounts of our unpaid overtime is the accounting. While employing an accountant can help to make this task easier, simple accounting software can also help. One of the leading small business accounting software providers has just launched their 2013 issue and Intuit, the people behind QuickBooks, have shown that they truly understand the main concern of many small business owners – the streamlining of all and any administrative tasks.
READ MORE »3 Common QuickBooks Payroll Questions
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Tweet QuickBooks payroll can feel very complicated, especially to new users. Here are 3 of the most common QuickBooks Payroll questions that I’m asked and that I see on the Inuit Community forums. Are you new to doing payroll in QuickBooks? Perhaps you’ve switched to QuickBooks from another accounting program or payroll processing method and [...]
READ MORE »QuickBooks Payroll – Straight Time, Overtime, Double-time..Oh My
Tweet QuickBooks Payroll services have come a long way over the course of its lifetime, however, one thing that is still sadly lacking is the fact that tracking straight time, overtime, double-time and even weighted-average overtime must still be done through manual calculations by whoever is responsible for issuing employee paychecks/payroll. Every business owner, no [...]
READ MORE »How I answered the letter
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Tweet Mr. Joe friday, Your clients are surely not unique, unfortunately. I understand your issues and concerns I will address them for you as best I can. As a RTRP or EA if you suspect or are knowledgeable of a miss-reporting of income, it is your responsibility to report that to the IRS. [...]
READ MORE »Keeping Track Of What You Owe with Loan Manager
Tweet QuickBooks Tip: Unless and until your business is swimming in cash, there will come a time that you have to make a big purchase and *gasp* get a loan. The horror. So now that you’ve done what you had to do by getting a loan for that big purchase, you have to keep track [...]
READ MORE »How To Handle Bounced Checks
Tweet QuickBooks Tip: Admit it. Bouncing a check is annoying and embarrassing. The bank charges a fee for every bounce, you rack up the fees and you have to tell people when to re-deposit the check or write them a new one. When you get a rubber check from a customer, it’s just as annoying… [...]
READ MORE »Ask For Help
Tweet It’s such an easy thing to do and yet our pride steps in and makes asking a simple question seem like lifting a 2 ton brick. Can you help me? I love when people ask me for help. It is so flattering. It means they think I actually know something. That’s how MOST people [...]
READ MORE »Analytical Review
Tweet At this point we have completed the initial review of the Balance Sheet and Profit and Loss statements in QuickBooks. So now it is a matter of double checking things from a different perspective and as we are more and more convinced that the books are complete, accurate, and fairly reflect the financial position [...]
READ MORE »Review your QuickBooks File
Tweet – Balance Sheet and P&L Now that you have allowed yourself the time, you can take your time reviewing your Balance Sheet, Profit and Loss, and even your Statement Of Cash Flows In QuickBooks. This is a crucial step in tax planning with QuickBooks so that by the time you turn your books over [...]
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