Question: I reconcile my bank account by hand. Do I need to do it in QuickBooks too? Answer: QuickBooks does have a reconcile function on all its products. It lists all the items that you posted as bank items, and then asks you to compare these to your actual bank statements. The QB Reconcile function…
Read MoreTag: Finance
11 Keys to Great Success in Life and Business: Key 9: Understand Accounting and Finance
Let me apologize to you right up front—this article isn’t the typical “dream big” stuff I enjoy writing about. But the truth is, if you don’t understand these concepts, your big dreams could turn into big nightmares. Many sales-minded people are not interested in accounting and finance. My guess is that it’s a right brain/left…
Read MoreIt’s Real. It’s How People Feel.
Fear cannot be banished, but it can be calm and without panic; it can be mitigated by reason and evaluation. « Vannevar Bush, American scientist (1890 – 1974)
Like many Americans, I have been watching the national news a lot lately. On CNN recently, there was an interview with Suze Orman,
personal finance expert. In this interview, she answered the question: Is the financial fear and panic occurring on Wall Street and throughout the nation counterproductive? Her answer, “It is not counterproductive, it’s real. It’s how people feel and the markets are made up of how people feel. They buy or they sell