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 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 QuickBooks. In this episode, Bernard Broesch explains why it’s important to log personal business loans appropriately and how to go about doing […]
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 episode, Bernard Roesch will talk about the use cases for transaction classes and how to implement them briefly within QuickBooks. For more information, visit www.MissionBusinessPodcast.com. […]
Logging Retirement Contributions within QuickBooks
It’s important that all of your financial transactions are logged appropriately within QuickBooks. However, if you have made retirement contributions within your business, it’s important to log those in a specific way. In today’s episode, Bernard Roesch explains how to log retirement contributions appropriately within QuickBooks. For more information, visit www.MissionBusinessPodcast.com. If you have any […]
Reconciling Bank Accounts – Why It Matters, and How to Do It in QuickBooks
It’s important to have a bookkeeping and accounting workflow in your business. Reconciling your accounts is an important part of the bookkeeping workflow, and something you may not be doing effectively now. In this episode of MissionBusinessPodcast.com Bernard Roesch explains what reconciliation is, why it matters, and how to go about doing reconciliations in your […]
Avoid Mistakes With Workflow and QuickBooks Features
It’s important to make sure that your bookkeeping data is good. Otherwise you can’t use that data reliably to run your business. When doing your own bookkeeping, there are common mistakes that often get made. In this episode of MissionBusinessPodcast.com Bernard Roesch explains some of the common mistakes that he sees businesses make with bookkeeping […]
3 Common Self Employed Bookkeeping Mistakes
It’s natural to run your own bookkeeping when you start your business or as you grow. But as a business owner, you need to be sure that your bookkeeping is done correctly. This will allow you to effectively track your business, be ready for taxes, and also have a good bookkeeping structure in place when […]
Organizing and Providing Accounting Data for Bookkeepers
The data that your bookkeeper needs to enter in QuickBooks comes from different sources, including bank statements and other banking records. In this episode of MissionBusinessPodcast.com Bernard Roesch shares how to store that information and provide it to your bookkeeper in a secure and easy way. If you have any questions about this podcast episode, […]
Using QuickBooks Vendor Types
Small businesses need to stay on top of their accounting practices. Understanding how money comes in and when it goes out ensures that a business is managing its cashflow properly. Managing your vendors in QuickBooks can be summarized in 5 simple points.