Are you tired of manually entering bank transactions? QuickBooks Desktop has a tool called Bank Feeds that links your bank account to QuickBooks and automatically imports your transactions. It saves you time and helps keep your financial data accurate. Let’s explore what Bank Feeds can do for you and how to get started. What Are […]
When you’re busy running a business, dealing with everyday tasks often takes the spotlight. Between serving customers, managing employees, and promoting your products or services, it’s easy to overlook something as seemingly routine as bookkeeping. However, maintaining accurate records isn’t just an administrative task—it’s a key factor in making better financial decisions that help your […]
Customize Your Invoices with Product/Service Details in QuickBooks Desktop You know how confusing it can be if you’ve ever received an invoice that left you scratching your head over what you were charged for. Providing clear product or service details is one of the easiest ways to help customers feel confident about what they’re paying […]
Have you ever wondered if your business is making money? The profit and loss statement (sometimes called the income statement) is one of the most important financial documents you can use to answer this question. If you’re not familiar with accounting, don’t worry. Below, I’ll break down the basics in clear, straightforward terms. What Is […]
Business debt can be helpful; it lets you grow, buy necessary equipment, and cover unexpected expenses. However, if not handled properly, it can escalate and harm your bottom line. Here’s how you can avoid letting your liabilities work against your business and keep them in check. Know What You Owe The first thing you should […]
Running a business means keeping your clients informed, especially regarding pricing. No one likes surprise costs at the end of a job! That’s where QuickBooks Desktop’s Estimate feature comes in handy. It lets you provide a clear breakdown of expected costs before any work begins, keeping everyone on the same page. What is an Estimate […]
Running a business comes with many costs, but did you know that some can reduce your tax bill? The IRS allows business owners to deduct certain expenses, which can reduce taxable income and save money. But what exactly qualifies as a deductible expense? Let’s break it down in simple terms! Please note: Tax laws change […]
Imagine working on your QuickBooks Desktop file for hours only to crash your computer unexpectedly. Without a backup, you could lose all that important work! Setting up automatic backups in QuickBooks Desktop is an easy way to protect your data and give yourself peace of mind. In this guide, I will walk you through the […]
Keeping up with your business finances is important, but standard reports in QuickBooks Online don’t always show exactly what you need. That’s why customizing reports can be a game-changer. Instead of wading through numbers that don’t matter to you, you can create a report that focuses on the details you care about—whether that’s tracking sales, […]
Starting a business comes with many decisions, and one of the most important is how you’ll track your finances. The two main accounting methods are cash-based accounting and accrual-based accounting. Choosing the right one can impact how you see your profits, manage your cash flow, and prepare for tax time. Let’s break down both methods […]