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If you are working with multiple credit cards that have one parent account, here is a setup option to make things much easier and cleaner for reconciliations. Steps: Open chart of accounts Create a parent credit card account Create a sub credit card account called...
The easiest way for a beginner to learn QuickBooks desktop is tips and tricks on YouTube. There are 1000’s of videos and we picked out the top 5 that we like. The basics of accounting by Lynda.com is a great primer for the small business owner who is not a trained...
Have a Gmail account? As a business owner, keeping everything organized can be challenging. Thankfully Google has dozens of options to help make staying organized much easier. Here are a few different tools that I find very helpful. Google Drive – Did you know...
The woman above is making the three mistakes. Can you guess what they are? If you cannot guess all three you are not alone. Many business professionals look at the woman and only notice her harsh facial features as a potential mistake. Yet, she is make three big...
I recently read an article on Huffington Post titled 7 Deadly Sins of Entrepreneurs by Haley Lynn Gray. The piece explained seven areas where entrepreneurs make mistakes. I have made a few of them myself when starting new businesses. I tend to be overly generous in...
There’s no question that an accountant is a valuable asset for any small business. He or she is able to help you balance the books for your company and most professional accountants also offer audit protection. When hiring an accountant for your small business,...