It's generally a good idea to keep overhead costs low so that your business profits will be higher. This is especially true with items that are easily commoditized and fairly standardized, such as utilities and rent. But there are times when increasing expenses pays off nicely, and here are five areas to consider so you can reap the rewards. Training Whether it's for you or your staff, good training can pay back for years … [Read more...]
5 QuickBooks Reports You Need to Run in January
2018 has begun. Does your accounting to-do list look like a clean slate, or are critical 2017 tasks still nagging? Getting all of your accounting tasks done in December is always a challenge. Besides the vacation time you and your employees probably took for the holidays, there are those year-end, Let's-wrap-it-up-by-December-31 projects. How did you do last month? Were you ready to move forward when you got back to the … [Read more...]
Five Tips to Make Tax Time Painless
Tax time is probably not your favorite time of year, especially if you have to pay the government your hard-earned dollars. Here are five tips on how we can make it just a bit less painful. 1. Have patience Practicing patience will go a long way when you're dealing with taxes. Keep in mind that for tax professionals, the months of January through April are as crowded and hectic as a shopping mall in December. Parking is … [Read more...]
Using QuickBooks Online’s Customer Records
Your customers are your company's lifeblood. Are you managing those relationships carefully? Here's how QuickBooks Online can help. If you've been in business long enough to remember tracking your customers manually, you probably remember what a nightmare it was. Maybe you had a card file and paper folders - and lots of sticky notes and calendar notations. Unless you had an unusually effective organization system, it was … [Read more...]
Working with Downloaded Transactions in QuickBooks Online
Downloading transactions into QBO is the easy part. You still have work to do once they're on board. Its ability to download financial transactions is one of the five best things about QuickBooks Online. Without it, you'd spend a lot of time on tedious data entry, verifying which checks and deposits had cleared and entering new ones. Instead, you can easily connect to your bank and bring in all your activity from the … [Read more...]
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