Welcome to the new year! Can't believe the holidays are over and we are starting back to work to focus on this year's goals. This year, I have decided to rotate through several topics. Here is a list of topics (New Year Goals) I plan on visiting throughout the year. Bookkeeping/Money Management - these posts will involve tips about QuickBooks or Quicken and other ways to save money in your small business. Office desk organizing - These posts will be about ways to declutter and determine … [Read more...] about New Year Goals
Small Business Bookkeeping Tips Archive Page
Welcome to our Small Business Bookkeeping Tips archive page to help you and your business streamline processes. Read the archive posts for bookkeeping tips to use in your business.
It's near the end of the year. Payroll is starting to wrap up for this year. Here are some important dates to help you with this task. If you need help, please be sure to contact a professional. Do by 12/1/2015: Remind employees to give you an update on their filing status. Make sure S.S. numbers and Employee names and addresses are correct. Do by 12/31/2015: Check all S.S. withheld to make sure it is correct with payments to S.S. Do by 1/1/2016: Update wage tax payroll liability … [Read more...] about Year End Payroll Due Dates Infographic
Recently, I had the opportunity to test out QuickBooks Online for a few months for a client who wanted the flexibility to view her books anywhere. Here are my QuickBooks Online Pros and Cons List: QuickBooks Online Pros: There is an app. Here is the link for the app so you can review it. Intuit: QuickBooks Online: Mobile Account Software. When you link up your bank, it will download the bank transactions once a day automatically. Though if you want to download it or there is an issue, … [Read more...] about What are the Quickbooks Online Pros and Cons
Recently, I was reviewing QuickBooks Online Payroll for a client. Well, let's me tell you what I found. After spending two hours with QuickBooks Online rep, I felt that I should share this information so I don't feel like I have wasted time that I couldn't even bill the client for. Here is the QuickBooks online payroll review. Pros:1. Adding employees were easy to add.2. Adding taxes agencies information was easy too if they were familiar to QuickBooks.3. It was easy to cancel when I realized … [Read more...] about A QuickBooks Online Payroll Review
Some small businesses use the process of writing a check out for cash. While it's best to write checks to individuals and not made out for cash, some small business owners may do this because it is easier. The problem is if you write checks made out to cash, you need to keep really good records since the IRS looks for the backup paperwork for these cash withdrawals when they do their audits. Keep in mind that we all need cash for various purchases if we work with cash often these steps will help … [Read more...] about 4 Steps to Record Checks Made Out to Cash