Far too often I see distributors delegate nearly everything to their bookkeepers or other employees, opening themselves up to the risk of fraud.
Read MoreAuthor: Harriet Gatter
Be Careful of Incorrect Credit Card Data in QuickBooks
Automatic downloads of data from your bank and credit cards sound like they should be easy, but it’s not that simple.
Read MoreWhere Did All These Sub-Customers Come From?
When you migrate from QuickBooks Desktop into QuickBooks Online and you are using jobs in Desktop, all of the jobs will come into QBO as sub-customers. And worse: All the jobs will be open, even if they’ve actually been closed.
Read MoreAvoid Headaches From Marking Items as ‘Billable’ in QuickBooks
Billable expenses should not be used in our industry, except in unusual circumstances.
Read MoreWhat Are Billable Expenses in QuickBooks?
You will see a billable expense income account and a billable expense asset account in QuickBooks Online.
Read MoreAsk the Accountant: What Is Migrating QuickBooks?
Question: I’ve heard about migrating my QuickBooks. What does that mean?
Read MoreThe Benefits of QuickBooks (Despite the Price)
There are less expensive accounting systems available. However, QuickBooks remains the accounting platform used by an estimated 62% of small and midsize businesses in the U.S., and that scale brings some meaningful advantages.
Read MoreHow To Easily Switch to QuickBooks Online Plus
QuickBooks Online makes it easy to switch if you decide to.
Read MoreQuickBooks Won’t Accept an Invoice? Try This
Question: Why won’t QuickBooks Online accept an invoice I’m trying to re-export?
Read MoreUnderstanding Economic Nexus Reports
Nexus is the connection or presence your business has in a state – whether economic (sales volume) or physical (inventory, employees, etc.) – that creates an obligation to register, collect and remit sales tax there.
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