Financial management is a crucial aspect of running a small business that requires constant attention and expertise. This leads many business owners to seek financial consulting firms to help them navigate the choppy waters of their financial landscape and steer them toward financial success. Running a successful business takes more than just a great idea […]
How to Know if Your Business is Doing Well: Six Signs to Know
Have you ever questioned if your business is doing as well as you think it is? The answer is never as cut-and-dry as you would hope. Do you know that in the United States alone, 45 percent of businesses don’t make it past five years of business operations? 65 percent of them don’t make it […]
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 a Client Refund in QuickBooks
It’s important to make sure that your QuickBooks data is accurate. Not only does this include making sure transactions are free of errors but it also includes making sure that the status of payments and how money moves around in QuickBooks matches reality. One situation many business owners don’t track appropriately in QuickBooks is refunded. […]
How to Split a Client Payment Over Multiple Months in QuickBooks
We’ve talked in other episodes about how it is important to make sure your QuickBooks data matches the reality of finances in your business. Another area where business owners struggle with this is making sure that reporting dates for income match the time periods where that income is actually earned not just simply the payment […]
How to Log Chargebacks and Refunds
How to Log Chargebacks and Refunds It’s important to have good accounting records for your business. Tracking refunds is important so that you can see the impact of refunds on your business and track individual customer refunds appropriately. In this episode, Bernard Roesch explains how to track refunds appropriately within QuickBooks. For more information, visit […]
How to Track Bad Debt Within QuickBooks
As a business owner, you need to be sure you collect payments from your clients and customers. However, there are sometimes situations where you can’t collect payment. It’s important to organize this bad debt within QuickBooks carefully. In today’s episode, Bernard Roesch will share how to track bad debt within QuickBooks. For more information, visit […]
How to Avoid Downtime With Your Merchant Processor
If your business processes credit card payments, its absolutely critical that the ability to process payments does not stop. This could be incredibly disruptive in your business and there are a number of things that you can do to mitigate downtime with processing payments. In this episode, Bernard Roesch explains the causes of payment processing […]