What Financial Records Should A Small Business Keep?

Maintaining good financial records is crucial for any business, whether it’s for regulatory, legal, or tax reasons, or simply to help improve and manage your business. After all, the records will help you evaluate your business’s profitability, maintain positive relations with vendors and clients, and protect your business against lawsuits. It’s even more important to […]

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Are You Using QuickBooks’ Reminders?

Are You Using QuickBooks’ Reminders? We can’t emphasize this enough: QuickBooks’ Reminders can prevent countless problems with your finances. How do you know when it’s time to pay a bill or follow up on overdue customer payments or print payroll checks? If you’re still using a paper calendar and sticky notes and file folders, there’s […]

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Top 7 Benefits Of An Online Payroll

If your business has workers, the main concern will be ensuring you pay them in a timely and accurate manner. Consequently, payroll is one of the most important aspects of your business because it keeps your business moving forward in addition to supporting your employees. During the initial stages of your business, it’s possible to […]

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Working with Downloaded Transactions in QuickBooks Online

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 […]

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Setting Up Sales Tax in QuickBooks Online

Setting Up Sales Tax in QuickBooks Online Sales tax is one of the more complicated concepts supported by QuickBooks Online. QuickBooks Online was designed for you, the small businessperson. You’ve probably discovered that many of its features are fairly easy to use from the start. But just because QuickBooks Online can do something doesn’t mean […]

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7 Tips For Understanding Credits and Debits

Credits and debits are essential parts of the accounting system, which businesses use to record transactions, keep track of liabilities and assets. Once you understand their differences, you’ll be able to categorize and enter transactions properly. These concepts are traditionally difficult to understand because they aren’t very intuitive. Nevertheless, the most important rule to bear […]

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Working with QuickBooks’ Vendor Records

Working with QuickBooks’ Vendor Records It’s important to maintain good relationships with your vendors and suppliers. QuickBooks helps you track your interaction with them. QuickBooks never forgets. That’s one of the reasons you use it. You create a record or transaction, enter a note about a customer, or write a check, for example, and the […]

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Are You Using QuickBooks Online’s Mobile App?

Are You Using QuickBooks Online’s Mobile App? Even if you don’t travel for work (but especially if you do), you should explore what QuickBooks Online’s mobile app has to offer. You already know how convenient it is to be able to access your company’s financial data from any desktop or laptop computer that has an […]

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Why Small Business Owners Need To Know The Basics of Bookkeeping

While no business can survive without bookkeeping, numerous business owners dread this task because it’s seemingly time-consuming. However, bookkeeping is an important part of any small business because it helps keep track of the business’s financial transactions. Numerous business owners depend on their accountant or bookkeeper to inform them on their financial statements. However, it’s imperative […]

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Creating Customer Statements in QuickBooks

Creating Customer Statements in QuickBooks Invoices not being paid promptly? Customers questioning their payment history? Create statements. Let’s say you have a regular customer who used to pay on time, but he’s been hit-and-miss lately. How do you get him caught up? Or, one of your customers thinks she’s paid you more than she owes. […]

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