8 QuickBooks Reports That You Should Be Running Regularly
QuickBooks provides dozens of customizable report templates. You know when you need some of them, but which are musts? You send invoices because you sold products and/or services. Purchase orders go out when you're running low on inventory, and there are always bills...
How Understanding Assets vs. Expenses Can Make You Rich
Assets and expenses both have a "debit" balance on the financial statements, but that's where their similarities end. Spending on one can make you rich and spend too much on the other and it can leave you broke. An expense is best-described as money that you may need...
Do You Know Your Weakest Business Link?
You've already built a solid business that you have great pride in. Yet, if you're like most entrepreneurs, you're on a constant search for how to make your business better. One way to focus your search is to look for the weakest link in your business. From a...
Navigating Nanny Taxes and Household Payroll Compliance
Time is precious for most of us these days, and often, we need help at home so we can have more time to run our businesses or careers. That may mean hiring help for personal tasks such as caregiving for the young, elderly, or special needs family member. When you...
Do You Need to Use QuickBooks’ Fixed Asset Tools? The Basics
Managing your company's fixed assets is a complicated process, one that will require some extra assistance. Much of the work you do in QuickBooks is short-term. You send an invoice and it gets paid. Your purchase order is fulfilled, and the products move into your...
Spring-Clean Your QuickBooks Company File
There are a lot of clues that indicate trouble with your QuickBooks company file. Is it time for a check-up and tune-up? After this ridiculously long winter, you'll probably hear few complaints about things like puddles in the street, summer heat, and spring cleaning....
Does Your Small Business Need a CRM?
Have you ever stayed at a hotel and then returned, finding that they have stocked your room with everything you asked for the last time you were here? Your special allergenic pillow was already waiting for you, you were asked if you would like a dinner reservation...
How to Avoid Seasonal Bumps in Your Cash Flow
Many businesses operate with seasonal peaks and valleys. Retail stores just completed their busy holiday season. Construction contractors are busy when the weather is good. Accountants are very busy from January through April, but also experience a quarterly peak in...
Is Your Business Using the Right Accounting System?
Have you ever tried on a shirt or jeans and found they didn't fit at all? They looked great on the hangar, but that was the end of it. Accounting systems come in all sizes, shapes, and colors just like clothing; and just like clothing, some accounting systems fit...
Five Ways to Reconnect with Your Passion for Your Business
As business owners, we are a highly self-motivated bunch of people. We love our businesses, we love helping our customers, and we work very hard at what we do. Sometimes we work so hard, we get disconnected from our passion. Occasionally, it's a good idea to step...