Avoid These 5 Costly Accounting Mistakes

A recent survey of over 500 small business owners revealed some of what we already know: flexibility and feeling in control ranked first in the “love” category of ownership.  Bookkeeping on the other hand?  60% say it’s their most hated task.  Hated or not, these 5 costly accounting mistakes can cause even more drama. Most business owners understand that effective financial management is key to their success. But lack of…  Read more

5 Common Bookkeeping Pitfalls — and How to Avoid Them

Although most entrepreneurs recognize the importance of careful financial management, few do their bookkeeping on a frequent basis. Unfortunately, not keeping a close eye on your income and expenses can be very costly for a business. Here are five of the most common bookkeeping pitfalls, and some simple tips for getting back on track. Mixing business and personal All too often, entrepreneurs adopt a “buy now, sort later” approach to…  Read more

New payment methods to consider in 2018

  A new year is the perfect time for business owners to set goals to improve profitability. If you aren’t yet familiar with digital wallets and the latest mobile payment technologies, you might be interested in the benefits they afford small businesses, such as: instant access to funds and real time financial data cost savings on third party transaction fees and POS systems competitive edge—making it easy for customers to…  Read more

Quickbooks got a major facelift!

We’re taking a little detour from our “normal” QBO Challenge to bring exciting news: Quickbooks got a major facelift!  If you haven’t used it already, you’ll notice a new, cleaner interface, invoice set-up changes and even more integrations!  You can read all about the specific changes straight from the Quickbooks source by clicking here. Our favorite changes?  The integration with Apple Pay (pay invoices with a single touch – yes, please.)…  Read more

Quickbooks Online Challenge – Number 2!

  Okay folks, it’s time for the second installment of our Quickbooks Online Challenge.  The intent here is to familiarize yourself with the features Quickbooks has to offer in an effort to save you time when it comes to doing those everyday accounting tasks.   Today we’re learning about writing checks using the software.  I recognize that most people pay a majority of their bills electronically, however, there are occasions where writing…  Read more

Quickbooks Online Challenge

Welcome to the QBO challenge!  Are you a small business owner working in Quickbooks Online?  Do you know there are features you aren’t using, but wish you were?  Do you want to learn more about how Quickbooks Online can increase your productivity and help you streamline your bookkeeping? You’ve come to the right place!  Join the challenge to learn new tips and tricks that will help you work with the…  Read more

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