Control your small business through budgeting is crucial to manage any small business. Every small business needs to check their incomes and expenses to make sure they have enough funds to do everything they want to do AND that needs to be completed. This is how I started an effective budget for my business. First, decide what software to use, like QuickBooks or Quicken or an online app that is reliable. There are many software applications out there so be sure to pick one you are willing to … [Read more...] about How To Make Your Budget More Effective
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.
How organized are your small business bookkeeping papers? Are they all in one place or do you have them in files in a filing cabinet? There are benefits of creating a well-organized small business bookkeeping binder like the one I am going to discuss today. Five Benefits of making a well-organized small business bookkeeping binder. First, it allows you to keep all your business papers all in one place. Second, Employee files need to be organized well. Visit the Record-keeping … [Read more...] about How to Create a Well-Organized Small Business Bookkeeping Binder
Is your small business paperwork important? One word, YES! Your small business paperwork is important! They need to be accessible, at a moment's notice. The IRS may need them if you were audited. Your accountant may need them if she is doing your taxes. You may need them if you have to reference client information. Having a good filing system in place for all your different types of paper will make your office run more efficiently. Just like the brain, we need to be able … [Read more...] about 8 Important Examples of Small Business Paperwork Systems
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