Articles about Quickbooks
QB 2018 is here, and Intuit continues to push aggressively by broadening the scope of this ubiquitous product and adding new features. This includes lots of new attractions for the general user community, accountants, business owners, ProAdvisors, and technical-types. Let’s talk about some of these. Remain Logged-In This is one of the best received improvements [...]
There is lots of confusion among small businesses about how to handle accounting for entertainment, meals at the office, business promotions and expenses for meals while traveling. And there should be given that all of this is explained by the IRS in no less than 50 pages of instruction covering multitudes of possibilities in IRS [...]
There are literally dozens of programs and apps out there to track time, and get the information into your favorite accounting programs in increasingly streamlined ways. Here is some info on my experience as an accounting supervisor, managing many contractors, employees, clients and jobs: TSheets and Me I have been using TSheets for almost a [...]
The April tax-filing deadlines are well behind us now, but the IRS is warning that tax scammers are not on summer vacation.
QBO is changing. Our favorite cloud-based product has some exciting layout and navigation changes, aimed at increasing the speed and accuracy of accounting work from regular QBO users to Certified Advanced ProAdvisors alike. A summary of what we will be seeing is below. This will be rolled out over the next few weeks. If you [...]
Uncollectable accounts receivable and Bad Debts are a fact of life for most businesses. If your firm extends credit to customers, lends money or guarantees obligations of other companies then it’s only a matter of time before something adverse happens in this area. Some firms require upfront payment or progress payments and may be generally [...]
View QuickBooks Online in Multiple Windows Viewing two or more screens at the same time increases productivity dramatically in QuickBooks Online, and diminishes stress from constantly switching back and forth between transactions and reports. Multi-windows are a given in QB desktop products (and in fact too many can open after a while) but this [...]
Joe Kennedy, principal of www.QB-LA.com has been certified as a QuickBooks Online ProAdvisor for some time now, but in February 2017 gained not only the 2017 required annual ProAdvisor certification but also his QuickBooks Online Advanced certification. The test requires a broad range of advanced general accounting skills and a week of in-depth study on [...]
Many companies don't have formal cash and working capital management in place Cash and working capital management systems yield operating and bottom-line benefit when firms commit to formalizing this important aspect of running a businesses. A recent study found that 75% treasurers and CFO's did not trust their own cash flow forecasts. Most had a [...]
As business moves increasingly to the cloud, Intuit is hardly lagging behind. QBO {QuickBooks Online) continues to gain subscribers and add features – just as the desktop version did decades ago (I first used QB desktop in 1997). Alternative cloud accounting software from competitors like Xero (www.xero.com) once seemed more nimble, but at least some [...]