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November 10, 2019

Now that you have your sales taxes set up, you'll be able to use them in transactions and reports.

Last month, we talked about the process of setting up sales taxes in QuickBooks. To recap a bit, you first have to go to Edit | Preferences | Sales Tax to make sure the so...

October 27, 2019

If your business is required to collect and pay sales taxes, you can use QuickBooks' tools to help you meet those obligations.

Next to payroll, state sales taxes represent probably the most complex element of your accounting tasks. QuickBooks can help with the mechanics...

October 13, 2019

One size fits all is no longer the modus operandi in the business world- the trend du jour is creativity: the more innovative and unique, the better! Gone are the spaces filled with monotony and sterile environments- so let’s bring on the creativity, creatively!

Here’s...

September 29, 2019

There's more than one way to bill customers for your products and services. A statement charge is one of them.

Depending on what kind of business you have, you probably have a preferred way of billing customers. If they walk into your shop and present a credit card or c...

September 16, 2019

Startups tend to spend a lot of their initial time and energy focusing on growth: when it will happen, how to make it happen, what happens afterward, etc. Basically you plant the seed, then focus everything on watching it grow!

So what happens when the growth feels stun...

August 31, 2019

S corporations are corporations that elect to pass in-come, losses, deductions, and credits through to their shareholders for federal tax purposes. Shareholders of S corporations report the flow-through of income and losses on their personal tax returns and are assesse...

August 18, 2019

If your business pays a lot of bills, you need an efficient system for staying current with them. QuickBooks' Bill Tracker provides that.

Bill-paying may be your least favorite accounting activity. You definitely know how those checks and online payments affect your acc...

July 21, 2019

Which records should you keep?

You should keep information that you and the IRS need to determine your correct tax. Everyone should keep the following records:

Copies of tax returns: Keep copies of your tax returns as part of your tax records.

  • Your tax returns can hel...

July 2, 2019

If you frequently sell multiple inventory items grouped together, you need to learn about QuickBooks' assemblies.

Let's say you run a home improvement retail outlet, and one of the things you sell is doors. You might sell their parts-door frames, hinges, doorknobs, etc....

June 9, 2019

You're accustomed to money going in a certain direction, but sometimes you have to pay your customers. Here's how it's done.

QuickBooks is very good at helping you get paid by your customers. It comes equipped with customizable invoice templates for billing customers an...

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September 16, 2019

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