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Let’s assume that you decided to hire an independent bookkeeper as opposed to a bookkeeping firm like ProLedge (the arguments for such a decision can be hotly debated of course!). How should you interview and select such a bookkeeper…
Over the years, QuickBooks has matured and the rate of innovation in the product itself has been decreasing significantly. The real innovation is now in the breadth of third party services and applications that interface with QuickBooks. If you have…
QuickBooks files tend to be very large. If you need to send a copy of your QuickBooks file to someone such as your CPA, attaching the file to an email is typically a bad idea because the email service provider on the recipient’s side will often block…
QuickBooks is, by nature, an application that requires a significant amount of data entry. Using it on a small screen, without a keyboard (and to a lesser extent without a mouse) can be quite tricky. Consequently, you wouldn’t consider the iPad to be an…
Our bookkeeping firm opened an office in Houston about a year ago and it’s time to look back and draw lessons from our experience. Our Houston bookkeeping business is growing very nicely, but at the same time, we’ve had to learn how to handle a few…
Many businesses come to a point when their QuickBooks file has become too large. How can you tell when “large is too large” and what can you do about it? The definition of “too large” in QuickBooks is fuzzy. You can hit a ceiling based on the sheer size of
What are the three tools that you should expect your bookkeeper to know inside out? QuickBooks, Excel and web conferencing. Yes, web conference tools are now critical if you use an outside bookkeeper to support your accounting needs…
The first baby step with QuickBooks can be intimidating. Whether you are starting a brand new business or you decided to move the books of your existing business to QuickBooks for the first time, there is this always this moment of pause…
If at the end of the year, you offer to your CPA to send him your QuickBooks file to prepare your taxes and he replies “No, just send me reports”, this is a huge red flag. You need to expect more from your CPA.Luckily, most CPAs are comfortable…
Let’s assume that you are 6 months behind with QuickBooks. You haven’t entered all the data. You haven’t reconciled the bank accounts. Your A/P and A/R are not representative of your current situation. What do you do? You have two options: #1 Catch up on the…
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