by Fran McCully | Apr 26, 2018 | Accounting
The field of accounting has its own vocabulary, which can sound like a foreign language to some people. Your financial savvy will increase by learning a few new accounting terms. You’ll be “speaking accounting-ese” in no time, and you’ll become...
by Fran McCully | Feb 15, 2018 | Accounting, Bookkeeping Tips
Many new business owners are daunted by the idea of bookkeeping and accounting; most have not been trained to any degree in either field. Obviously, for the professional bookkeeper or accountant, both are fairly simple. Bookkeeping is the practice or profession of...
by Fran McCully | Nov 9, 2017 | Accounting, Business Tips
Your “Chart of Accounts” is the list of accounts in your accounting software. The accounts are listed in your reports, and the totals allow you to determine how much you’ve spent, made, own, or owe depending on the type of account. It’s essential to create a list of...
by Fran McCully | Oct 26, 2017 | Accounting, Bookkeeping Tips, Business Tips, Management Tips, Time Management Tips
QuickBooks accomplishes the goal of speeding up and refining your workflow. With the holiday season just around the corner, it’s a perfect time to get your financial records in order. Tax moves you make now can mean finding more “green” to spend on...
by Fran McCully | Mar 16, 2017 | Accounting, Bookkeeping Tips, QuickBooks Help
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...
by Fran McCully | Feb 2, 2017 | Accounting, Bookkeeping Tips, Cloud Accounting, Cost-Savings Tips, QuickBooks Software
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...