- Prefer using an RSS reader? Choose your favorite reader with our RSS button:
Monthly Archives: March 2011
You have 17 days left
If you are one of those last minute filers, are you ready to see your tax person? Now is the time to get your receipts and tax documents in order. Here are some things to consider before you go before … Continue reading
What is the different between Quickbooks reports?
Different reports use the data you have entered in different comparisons. My two favorite reports are the P&L (profit & loss) with percentages and P&L Prior Year Comparison. I will use a sample Quickbooks file called Consulting Business and the … Continue reading
YOU GET WHAT YOU PAY FOR IN an HOA
Homeowners Associations are governed by Board of Directors elected by the voting members (owners) of the units in the HOA. That said, it is important that the decisions the Board makes are relayed to the members so that the members … Continue reading
HOW TO RUN A QUICKBOOKS REPORT
Click on either report to view the sample pdf Balance Sheet | Profit & Loss Two of the most common reports that people need when reviewing their company’s financial position are the Profit and Loss Statement (P&L) and the Balance … Continue reading
Posted in Accounting Tips and Tricks, Quickbooks
Tagged balance sheets, profit and loss, reports
Leave a comment
TO BE AN ENTREPRENEUR OR NOT TO BE
What does it take to run a business? Most would agree you need a good product or service and a mind for selling it. The Wall Street Journal wrote an article outlining what it takes to be an entrepreneur. Here’s … Continue reading
GLOSSARY OF ACCOUNTING TERMS
As I discussed on Tuesday, March 8th blog, Generally Accepted Accounting Principles (GAAP) is a standardized set of rules in which our industry is regulated by the Financial Accounting Standards Board (FASB). It is a seven-member board that is responsible … Continue reading
Posted in Current News
Leave a comment
WHAT DOES YOUR CHART LOOK LIKE?
Sometimes, coding your bookkeeping items such as checks, debits, and deposits into categories can be confusing. Generally Accepted Accounting Principles (GAAP) has a standardized way of laying out these categories called a Chart of Accounts. Quickbooks calls this Chart a … Continue reading
Posted in Current News
Leave a comment
Backing up in Quickbooks
As we discussed last month, backing up with a tool like carbonite is just not enough for Quickbooks. Quickbooks is where you have poured your company’s accounting history, check by check, deposits by deposit. If you have not been backing … Continue reading
Is your Quickbooks data file protected?
We know Quickbooks is a sturdy, wonderful little program and you have your company’s accounting life on the software. Because of this, itis imperative that you do a regular backup. Are you using a backup service like Carbonite to backup … Continue reading