Keeper is a task management system made by bookkeepers for bookkeepers! It allows you to manage all aspects of your bookkeeping business by consolidating client communications, file reviews, and reporting and task management into one application. Keeper allows you to manage your books in the most efficient manner. There are several benefits to using Keeper …
Six Reasons to Use Keeper for Your Task Management System Read More »
In previous posts, we answered the questions Why Do You Need to Reconcile? and How Do You Reconcile in Quickbooks Online? In this post, I’m going to give you step-by-step instructions for what to do when your beginning balance is off in Quickbooks Online. Note: Your beginning balance could be off for a variety of …
What Should You Do When Starting Balance is Off in Reconciliation? Read More »
This post is a follow-up to Why Do You Need to Reconcile Your Books? Check that out if you want to know the Why AND the How. 🙂 Quickbooks Online has an awesome Reconciliation feature that’s incredibly easy to use. I’m going to walk you through it step-by-step with screenshots. Step 1: Make sure everything …
This is a question you may be asking yourself, whether you are first starting out or you have been in business for years. Many people think bookkeeping can be be done by simply taking your bank balance at the beginning of the month and subtracting it from the balance at the end of the month …
Have you seen the “Reconcile” feature in Quickbooks and wondered what that is all about? Or maybe your bookkeeper has told you that they need your bank statements in order to “reconcile” your books? Ever wondered what this means? Reconciling is the current-technology way of balancing your checkbook. It ensures that nothing has been duplicated …
If you’re recording money coming out of your business in Quickbooks Online, it can be confusing to look at the options and see that both Bills and Expenses are options to choose from. They are separate items for a reason and not interchangeable, so it is important to be using the correct feature at the …
The Difference Between Bills and Expenses in Quickbooks Online Read More »
If you are keeping up with customers payments in Quickbooks Online, you may be wondering if you should use Invoices or Sales Receipts. Both have specific uses and are not interchangeable, so you need to make sure you’re using the right feature. Invoices You should only use an Invoice for a customer who owes you …
The Difference Between Invoices and Sales Receipts in Quickbooks Online Read More »
Maybe you do, maybe you don’t. Here are some questions to ask yourself to help you get started: Did you pay someone who is not an employee to do a service for your business? Did you pay someone over $600 by cash, check, or ACH? Did you pay an attorney? If you answered “YES” to …
Who needs a 1099? If you’re stressing over how to answer this question, our BRAND NEW course can help you figure it out! Using the documents from IRS.gov, we created videos to walk you through how to determine who needs a 1099-MISC or a 1099-NEC (the two most common 1099 forms for small business owners.) …
You aren’t ready to hire a bookkeeper, but those books still need to be done! What can you do? If you need help with setting up a software like Quickbooks and doing your books there, I wrote a book called DIY Bookkeeping to help business owners who are just starting out. But what if you …
