Millions of small business owners in America are hurting right now, due to the unprecedented financial carnage brought on by the coronavirus outbreak. The pandemic has caused countless companies to cut employees and many others to, at least temporarily, close their doors.
How to Track Intellectual Property Value in QuickBooks
It’s important that you track the assets of your business in your financial records. If your business has intellectual property, it should be also considered an asset and should be tracked. Many business owners do not track this. Examples of Intellectual Property A few of the most common examples of intellectual property that have business […]
Tax Preparation Bookkeeping Best Practices
As a business owner, it’s important that you have your accounting records up-to-date. This becomes even more essential during tax time. You’re required to file taxes and if you don’t have your data available, then tax season can become a big distraction for you from running your business. In today’s episode, Bernard Roesch explains how […]
Who You Need for Small Business Accounting
It’s important to make sure the accounting process within your business runs well. This will give you the data you need to make financial decisions. In order to do this, you need to have the support of a great team. But hiring team members can be overwhelming. In this episode, Bernard Roesch will help you […]
The Benefits of QuickBooks
Updated July 2020 When it comes to accounting software, business owners are met with a large selection. QuickBooks is recognized for producing easy-to-use software with versions that accommodate enterprise-level businesses to solopreneurs. Bernard Roesch evaluates the benefits of QuickBooks and provides insight that will help you make a choice that works best for your business. […]
How to Turn Estimate Into Invoice in QuickBooks
QuickBooks is powerful for accounting and bookkeeping in your business, but you can also use it for much more. Use QuickBooks to keep track of sales opportunities similar to what you might do with a full-fledged sales CRM system. Keep in mind that sales prospects that turn into actual customers will end up in your […]
How to Streamline Accounts Receivable Reminders in QuickBooks
An important part of the accounting process is to make sure you get paid by clients after you invoice them. In some cases, you need to send a reminder or add other steps to your Accounts Receivable process to ensure you are paid. In this episode, Bernard Roesch provides best practices on how to streamline […]
How to Log Investor Contributions and Equity Within QuickBooks
We’ve discussed the importance of tracking your finances carefully in other episodes. One situation where it is very important to track your finances accurately is if you have outside investors in your company. In this episode, Bernard Roesch explains how to log investor contributions and equity within QuickBooks. For more information, visit www.MissionBusinessPodcast.com. If […]
How to Log Capital Expenditures in QuickBooks
It’s important to track all of your finances in QuickBooks. Specifically, you need to track more than just income and expenses. In today’s episode Bernard Roesch explains how to track Expenses>Capital Expenditures in QuickBooks. For more information, visit www.MissionBusinessPodcast.com. If you have any questions about this podcast episode, please feel free to contact us.