Tag: QuickBooks

Q & A and Tips on Accounting, Taxes and Personal Finance.
Why “Bookkeeping by Download” is Bad Practice

Why “Bookkeeping by Download” is Bad Practice

There are so many products, including QuickBooks, that allow a user to do what I call “bookkeeping by download”; the process of linking a bank account to QuickBooks and downloading those transactions automatically, bypassing the manual entry method. While this may seem like a timesaver, it’s not a good practice. Income and expenses that have […]

June 30, 2017 | By More
Why we switched to QuickBooks Online and you should too

Why we switched to QuickBooks Online and you should too

Sometimes it can be frustrating not to be able to access one of the most important aspects of your business, the accounting! QuickBooks Online (QBO) is a solution that can greatly improve your work flow, allowing you more time to spend on your business. This is due in part to the fact that Intuit, the […]

May 22, 2016 | By More
Why Choose QuickBooks Online?

Why Choose QuickBooks Online?

As a small business owner it’s important to know where your business stands financially at all times. Gone are the days of monthly reports. Today technology has allowed business owners to get a good grasp on where their business is at any place or any time. The reason? QuickBooks Online. QuickBooks online is an online […]

March 29, 2016 | By More
QuickBooks Shortcut Keys

QuickBooks Shortcut Keys

The most popular accounting software, QuickBooks, has lots of built in functionality but did you know there are QuickBooks shortcut keys to make your processes faster? Shelly White is an Advanced Certified QuickBooks® ProAdvisor and shares how to use QuickBooks shortcut keys. You might want to bookmark this post for reference until you memorize “your” […]

July 18, 2014 | By More
Factoring – accounting for factored receivables in QuickBooks

Factoring – accounting for factored receivables in QuickBooks

Factoring is when a business sells its accounts receivable to a third party at a discount. To meet immediate cash needs, a business will sometimes factor its receivables. CPA Jerry Kling of New York City details how to factor receivables in QuickBooks. Jerry: When you factor receivables, you have borrowed money against the accounts receivable […]

June 17, 2014 | By More