Let’s imagine you are running a lemonade stand. Your business is new, your transactions are low, and all you need to account for is revenue and expenses to determine your profit. For the time being, …
Can QuickBooks Replace an Accountant?
Whether you are a small business owner needing small business accounting or the CEO of a mid-sized company, you understand the importance of maintaining organized financial records, such as balance …
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QuickBooks for Construction Accounting
Construction is perhaps one of the most unpredictable industries in the United States, and it’s easy to imagine why. Construction development projects take place over long periods of time, making them …
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How To Do Bookkeeping for Nonprofits
Bookkeeping for a nonprofit takes away from fundraising, spreading awareness, and meeting with potential partners. However, bookkeeping and accounting remains crucial to a nonprofit’s success. While …
Why Do I Need Bookkeeping?
Many small business owners are not confident about their finance and accounting. This leads to financial instability during slow stretches and even periods of growth. A clear understanding of cash …
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 …
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How to Log Your Personal Loans to Your Business
How to Log Your Personal Loans to Your Business As a small business owner, you may need to periodically use personal funds to operate your business. It's important to log these appropriately within …
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Using QuickBooks Transaction Classes for Custom Reports
QuickBooks is powerful for financial reporting, but by using advanced features of QuickBooks, such as transaction classes, you can get more value out of your QuickBooks reporting insights. In this …
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