Better Business Finances

I wanted to share some field-tested advice when it comes to avoiding headaches using QuickBooks for your accounting and business finances. Here is a list of four critical mistakes I see [...]

Here’s a fun fact – over 49% of B2B transactions are still being processed manually. Ouch. Can you imagine the drag on profits as a result of this? If you have thought about trying to [...]

Looking for advice on moving your business from the desktop version of QuickBooks (meaning Pro/Premier/Enterprise) to QBO? Here’s mine… Get this topic into the flow of your planning [...]

Looking for more customer insights and analytics than QuickBooks can provide? Maybe you’d like to see a breakdown of new customers (and sales $) vs. existing customers (and their sales $)? [...]

A question for you… Does your month-end closing process include the step where you check that the total of your inventory on the valuation report matches your balance sheet in QuickBooks? [...]

Has your business ever tried to determine profitably by the type of customers you track? If so, you’ve likely found that this option is not on the core QuickBooks report menu. Good news! [...]

Let’s check out the odds… 3 out of 10? 4 out of 10? Based on my (very) unscientific research over the last twenty years, I’m finding about 3 to 4 out of every 10 small [...]

UPDATE @ 1/9/2021: The information below has been updated based on the recent stimulus package created by Congress. You can read more about it via this excellent article @Nav Let’s get [...]

Subscription to Netflix? Check. Subscription to Amazon Prime? Check. Subscription to QuickBooks Pro or Premier? Not so fast… PLUS = SUBSCRIPTION! Intuit has stated they are going to make a [...]

In part one of my automating the accounting department survey, we looked at feedback from small businesses in relation to automating: Accounts payable/bill paying Time tracking E-Commerce [...]