Over the last few years, more people than ever before have decided to put their entrepreneurial skills to the test and are opening their own businesses. Like anything else in life, opening and maintaining a business will come with hurdles and obstacles along the way, but once you find success, you feel like you truly […]
5 Tips to Consider When Hiring A Good Business Consultant
[ad_1] If you own a big or a small business, you should benefit from the services of a business consultant. This is important for the long-term success of your business. However, you should hire only an experienced consultant. Always do your research and consider the following 6 tips before hiring one. 1. Ascertain Your priorities […]
QuickBooks®Online Vs Cloud Hosted QuickBooks
[ad_1] In order to understand the difference between QuickBooks®Online and Hosted QuickBooks, we need to know 3 versions of QuickBooks. 1. Desktop QuickBooks 2. QuickBooks®Online 3. Cloud Hosted QuickBooks Desktop QuickBooks®edition The QuickBooks®desktop edition has many features that help you a lot in bookkeeping & maintaining accounts. Inventory tracking, currency calculator, company overview and much […]
4 Useful Tips To Manage Your Small Business Finances
[ad_1] A small business can fail for a variety of reasons, but money related issues are one of the main concerns. Even with a high-quality service or product, you will find it difficult to achieve success without a healthy cash flow to cover business expenses. Here are a few tips to help manage the finances: […]
Tips To Effective Working Capital Management
[ad_1] Working capital is the available cash on hand for the day-to-day operations of your businesses. And this can be affected by numerous factors, which include internal mechanisms and external issues. It doesn’t matter how much you sale if you are not good at collecting and managing your cash flow and working capital. Cash is […]
6 Common QuickBooks®Issues and How to Solve Them
[ad_1] From performing a never ending series of tasks for its users, such as paying bills, managing payroll, generating reports, invoicing customers, and tax filing, QuickBooks®has been a savior for many. Be it the sole proprietors, CPAs, bookkeepers, or business owners, QuickBooks is still the first choice and is popular as one of the topmost […]
Payroll Fraud Detection and Prevention With QuickBooks®Hosting
[ad_1] Being an entrepreneur and running a company is a strenuous task. You need to be prepared for every possible situation that may arise and test you on your quick decision-making skills. Every business owner has a fear of discovering a fraudulent activity, especially of finding out that they are being cheated by a trusted […]
A Comparison of QuickBooks®Online Basic to QuickBooks®Online Plus
[ad_1] In September 2010, Intuit revamped/repackage its small business online accounting software into four online accounting choices: (1) Simple Start, (2) Online Essentials, (3) Online Plus and (4) Online Plus with Payroll. If you are new to QuickBooks®Online or need a QuickBooks®Online refresher these are the key reasons to use the QuickBooks®Online platform: Manage your […]
QuickBooks®Tip – Child Support Garnishments
[ad_1] How to set up, track and pay Child Support Garnishments in QuickBooks seems to be a pretty popular topic of discussion, I see this question frequently on many of the QuickBooks®forums and news groups that I frequent, so here is a little tutorial for setting up a weekly Child Support Deduction. Quick Facts About […]
PPP Update
As we guessed, things are constantly changing with the PPP and here are PPP Updates you will want to ensure you understand thoroughly as it will impact your forgiveness process and dollars! As a brief overview, here are the things that were updated/clarified on 6/17/2020: There is now an updated PPP loan Forgiveness Application and […]
Top 5 Things You Need to Know About the SBA Payroll Protection Program
These are unchartered times and they bring unchartered events for all small businesses and accountants. The SBA Payroll Protection Program is providing unprecedented amounts of funding for businesses in a time of need. There are these top 5 things you need to know about the SBA Payroll Protection Program to improve your chances of receiving […]
How to set up an inventory item in QuickBooks
How to set up an inventory item in QuickBooks®to ensure you get the cost of goods sold and income accounts associated with it.