QBO How-To: Recurring Transactions

Recurring transactions can help save you time and data entry in many ways. Some of the most common times using recurring transactions are used described below: Using recurring transactions are great ways to make sure that you don’t miss billing any of you customers and can save you time when entering your common bills. Call […]

QuickBooks Online – Favorite Reports

You’ve entered your invoices, paid your bills, reconciled your bank account – but what does it all mean? How is my business really doing? QuickBooks Online offers a number of helpful reports to answer that very question! These reports provide snapshots into different aspects of the business, serving as a financial guide for your business […]

QuickBooks Self-Employed

Keeping track of all your income and expenses can be a daunting task for a small business. QuickBooks created a solution to try and simplify this task for small business owners who have no prior accounting knowledge. With QuickBooks Self-Employed you are able to link your bank account that you use for your business and […]

Utilizing the Accounts Payable Flow in QBO

Paying bills can certainly be a tedious process, fortunately, QuickBooks Online has a number of tools to guide you through the process! Utilizing the Accounts Payable flow in QBO will help ensure that your bills are paid timely and recorded properly. For a cash basis business: ProAdvisor Tip: Whenever you utilize a saved vendor, QBO […]

Utilizing the Accounts Receivable Flow in QBO

One of the most important processes in managing your business is tracking and receiving payments from your customers. QuickBooks Online guides you through a few easy steps to ensure that your receivables are correctly recorded, and your bank reconciliations will be a breeze! For a cash basis business that receive cash at the time of […]

QuickBooks Online – Bank Reconciliations

Performing monthly bank reconciliations is a great way to stay on top of your books and ensure every transaction is recorded. It is also an important step in preparing for your financial statements or tax return. Utilizing tools in QuickBooks Online makes this process as seamless as possible. Ready to reconcile your bank account like […]

QuickBooks Online – Setting Up Bank Feeds

Many small business owners dread the monthly process of entering transactions and reconciling their bank accounts. Are you one of them? Fortunately, QuickBooks Online has an awesome tool to streamline this process. QBO offers Bank Feeds, which allows you to connect your bank accounts and credit cards to your QuickBooks Online subscription to easily import […]

Year-End Tax Savings

Fall is finally here! As 2020 draws to a close, it’s important to keep tax planning strategies in mind. Grab your favorite pumpkin-flavored drink, and let’s take look at some important potential tax savings: