Why Your Bookkeeper Should Have Experience In the QuickBooks Version You Use

Ask the Accountant… Question: I am thinking of hiring a bookkeeper who knows QuickBooks Online, but I use QuickBooks Premier. Are they the same, only one is online? Answer: No, QuickBooks Online and QB Premier are very different programs. They do not look alike at all and have very different functionalities. When hiring a bookkeeper,…

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The Great Resignation Is Here: That Means Challenges, But Also Opportunities

The “Big Quit” is affecting us personally and professionally. We are all experiencing the downsizing of service levels and resources as consumers and sellers. But, as with most challenges, there can be rewards. Organizational voids are an opportunity to dig deeper into accounts and offer more assistance and value to inexperienced and overtaxed buyers…

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What Does QuickBooks Desktop Going Subscription Mean?

Intuit will be offering QB Desktop products via subscription-only, beginning with the 2022 releases. They (except for QB Accountant) will no longer be available by way of a one-time payment as they have in the past. QB Desktop products include QB Pro, Premier and Enterprise. Enterprise was converted to a subscription product two years ago…

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One Simple Step That Earned an Investment From Daymond John

In addition to my blog, “Million Dollar Mindset” I also host a video podcast, Million Dollar Monday. The purpose of Million Dollar Monday is to provide inspiration and advice to entrepreneurs and all people with big dreams. A recent guest, Mike Watts, founder of LoveHandle, attempted two times to be on the “Shark Tank” television…

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Advice From Tom Brady: How to Live a Joyful Life

Tom Brady has some advice on how to be successful and live a joyful life: Stop blaming everyone else. “Life is about always changing and adapting to different things,” the Tampa Bay Buccaneers superstar said. “Today, the world wants to blame, and shame, and guilt, and fear everything all the time. We would never teach…

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Understanding Numbering in a Chart of Accounts

Ask the Accountant… Question: Do I need account numbers in addition to account names? If so, are there particular numbers? Answer: I like using account numbers with account names for accounts in the chart of accounts (COA) because it makes it easier to distinguish one account from another more readily, as some account names are…

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