Even if you've been using QuickBooks Online for a long time, it's good to step back and evaluate your actions. "Best practices" aren't enforceable rules. They're simply guidelines businesses commonly follow in one area or another. If you're in retail, for example, one best practice might be to always ask customers checking out if they found everything they were looking for. This serves two purposes: It conveys a feeling of … [Read more...]
What Sales Orders Are and When to Use Them
They're not as commonly used as invoices. But if you need them, they're there. When you want to document sales that you can't (or won't) fulfill immediately, but you plan to do so in the future, you can't create an invoice just yet.This is where sales orders come in. You may never need to create a sales order for a customer. Perhaps you have a service-based business, or you never run out of inventory. Or you simply don't … [Read more...]
Receiving Payments in QuickBooks Online
It's perhaps one of your favorite activities in QuickBooks Online: recording money that comes in. Are you doing it right? Your days of matching paper checks to paper invoices are over. QuickBooks Online excels at keeping your accounts receivable organized. No more digging through piles of forms and hand-stamping PAID on your customer bills and statements. No more trying to write small enough in your register so you can … [Read more...]
Five Ways to Streamline Your Payroll Process
For business owners with employers, payroll is a necessary task that can slow your day and tie you down if you let it. If you're looking for a way to make payroll less time-consuming, here are five ideas you can put to good use: 1. Employee Onboarding If you hire a lot, empower your new hires by letting them do their paperwork for you. A good payroll system allows employees to "onboard" themselves, completing the I-9, W-4, … [Read more...]
Working with Checks in QuickBooks
Online banking may get all the headlines, but a lot of small businesses still prefer paper checks. QuickBooks can accommodate them. "I don't write checks anymore," you hear a lot of people say these days. Debit cards, smartphone payment apps, and online banking have replaced the old paper checkbook for a lot of consumers. That's fine if you're at the coffee shop or grocery store, but many small businesses still prefer to … [Read more...]
