Determine if QBO or QBD is Right for You QuickBooks is a software produced to assist with the daily management of business procedures. If you are a business owner or self-employed, QuickBooks can help you get organized, make proper business decisions, and be prepared...
Transform Your Business with 5 Key Bookkeeping Tips Every business owner needs a solid bookkeeping system in order to stay in business. No matter how small your business is, you should make sure that your books are updated, accurate, and readily available as it...
Profit and Loss Statements: A Path to Financial Clarity A profit and loss statement (P&L or P/L) is a vital document for your business. It is simply a list of your total gross income and expenses. There is no true ‘format’ for a P&L, because each business is...
Tax Efficiency Tips for Small Business Success Track Your Expenses Receipts are like free money when it comes to taxes. Many of the receipts that you acquire over the year are for goods and services that can be deducted on your taxes which offsets taxable income. Of...
Work Effectively with Your Accountant or Tax Preparer You wouldn’t use a hammer to tighten a nut, would you? I also hope you don’t use a screwdriver to brush your teeth. For every task there are several different tools that we could use. Some are better than others,...
