When you migrated from Premier to QBO, some of the orders were written with sales tax calculations in Premier and some with the automated sales tax in QBO. This results in multiple lines of sales taxes data.
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If you are like most people, I imagine you think you are coachable. But are you really? Here are 3 questions to help you find out for yourself: There are only a few reasons that the average distributor in our industry has sales well under $500,000 per year. In my opinion, having spoken with hundreds of thousands of distributor owners and sales reps, most people are underperformers because they are not coachable. When people start out telling me that they’ve been in the business XX number of years, I know…
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Ask the Accountant… Question: I have never used QuickBooks before. Which one should I buy: Desktop or Online? Answer: I have been a fan of QuickBooks Desktop (the regular one) for distributors, but over the last several years, Intuit (owner of QB) has been strongly pushing QuickBooks Online (QBO). It has become apparent that QBO is the future of QuickBooks. For this reason, I recommend that any distributor who is new to QuickBooks go with QBO. I don’t want to see anyone go into Desktop and then have to switch…
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Question: I am considering switching to QuickBooks Online. I charge sales tax in several states. Can QB do that?
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It’s important to mix in stickier products like durable labels. Account relationships based on these products are much more difficult to dislodge.
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QuickBooks is getting serious about expired software and they are trying very hard to move everyone to a subscription product.
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The truth is that true business development tasks are very distasteful. In fact, they are so distasteful, most business owners and sales reps in our industry drive below average results and earn below average income.
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As we sit on the cusp of the Thanksgiving holiday, most of us have read and heard about being grateful. Not only does gratitude make us better people, but studies have shown that giving thanks and counting our blessings can help us sleep better, lower our stress, and improve our interpersonal relationships.
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Ask the Accountant… Question: I am thinking of converting from another industry software into QuickBooks Online. Can I move my order history from my old system into QuickBooks? Answer: I get this question often when discussing system conversions with distributors. Unfortunately, you cannot move order history from another order management system into QB. You can, however, move your Customer and/or Vendor List from your current system into QBO, although I strongly suggest you clean up your lists before making this move. If you are currently in QB Desktop (Pro, Premier…
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Recently I heard an interview with Simon Cowell sharing some wisdom he learned from his parents. Truly this is one of the most important keys to success.
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