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The QuickBooks Accountant Copy is a great concept on paper, but a hindrance in real life. Nowadays, there are much more elegant and efficient ways to coordinate your work with your CPA, tax adviser or bookkeeper. If your CPA asks you for an Accountant Copy, I recommend…
Intuit, the maker of QuickBooks, recently entered the 401k market and is getting some good traction. Why is it worth noting? After all, there are hundreds of 401k providers out there and most are investment institutions with much better financial pedigrees…
The bookkeeping profession is as unregulated as it gets. There are no official certifications like they have for CPAs, financial planners and many other white collar service professions. It’s a good thing as I’ll explain below, but it leaves many small business owners wondering how…
Scanners have two broad applications: scanning documents and scanning pictures. This being a bookkeeping blog, the focus will be on document management. Paperless is the word of the day and scanners are becoming an increasingly important tool in most businesses…
Keeping good financial records is a common nightmare for most small business. What should you keep? How long? Is electronic OK? How to organize all these documents? Here are some high level guidelines, but bear in mind that the law around bookkeeping…
With QuickBooks, there are three distinct concepts of “upgrades”:
Moving up to a more powerful version of QuickBooks, e.g. going from QuickBooks Pro to QuickBooks Premier.
Staying within the same version of QuickBooks, but upgrading to the latest year’s software, e.g. going from QuickBooks Pro…
ProLedge, the largest bookkeeping services firm in Austin, TX entered the Houston market in late 2010. They now offer bookkeeping services with local Houston bookkeepers and cover the whole Houston Metro Area. Patrick Bonnaure, founder and CEO of ProLedge Bookkeeping Services stated: “Our roots are in Austin…
A few years ago, the QuickBooks Audit Trail feature could be turned on and off. However, in the most recent versions of QuickBooks, the feature is always on. Even the administrator can’t turn it off. It has its drawbacks, but for the most part, it is a very useful…
In late December and early January, bookkeepers’ phones tend to ring quite a bit. Why is that? A lot of is driven by tax deadlines, but a surprising number of these calls seem to be driven by New Year resolutions. Isn’t this a bit odd? Aren’t there more…
You’ve decided to allow your clients to pay you by credit card, and you need to find yourself a merchant services provider. Is there an easy way to go about it? Not really, but there might still be a shortcut. Merchant service providers have mastered the art of making…
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