Articles about Quickbooks
Figuring out which Quickbooks subscription is right for you and your business can be tricky. The accounting and bookkeeping platform is a crucial lifeline for small businesses around the world. Making sense of how to use it for your business can be a challenge though. And one of the first things a new QuickBooks user [...]
A problem that many small business owners struggle with is a very basic one - how to pay yourself! It might feel weird to pay yourself as the owner of your own business, but you owe yourself a salary or some form of compensation while you’re maintaining and growing your business. Whether you use Intuit [...]
Changes are coming to QuickBooks Online Payroll effective March 8, 2021. QBO Online Payroll subscribers will be stepped-up and realize enhanced and frequently requested new capabilities aimed at making payroll runs more reliable, easier and quicker than before. And three payroll offerings will be available instead of two. The QBO Payroll offerings are: QB Online [...]
Big news! Intuit has just launched QuickBooks Commerce. This addition to the growing portfolio of Intuit accounting solutions will be welcomed by QuickBooks Online product (vs services) sellers who need inventory management, order processing and accounting automations across multiple sales channels. This includes users of eBay, Amazon, Squarespace, WooCommerce, Shopify, Magento, Zapier, Etsy, Shipstation and [...]
As more and more firms make the move from PC and server-based QB Desktop (“QBD”) to cloud-based QuickBooks Online (“QBO”) file size can be a concern, especially for QuickBooks Desktop files containing many years of transactions. However this conversion is a good time to purge your system of old and useless entries (vendors and customers [...]
Small business owners have so many business tax responsibilities – income taxes (federal and state of course) sales taxes (now hugely more complicated than even a year ago), excise taxes, city and county taxes, franchise taxes, many special taxes, and of course payroll taxes. This is where part of employee pay is withheld and reported [...]
The sales tax environment continues to evolve, mostly to the detriment on small business online sellers. Sales taxes are growing increasingly complex and impose great burdens on just about any business that must comply. The situation is indeed untenable, and a simpler solution is needed. But in the meantime, here is a discussion on the [...]
The Supreme Court decision in June 2018 on South Dakota v. Wayfair is changing the business landscape all over the U.S., and while there are many winners and losers, small businesses definitely don’t fall into the winner’s column as they are now responsible for complying with a multitude of new sales and use tax concerns, [...]
Sometimes you will run your normal QuickBooks accounts receivable (AR) reports, see amounts that are drifting further and further into the right Unpaid columns, and realize that the erstwhile customer is just not going to pay – voluntarily. In this case small claims court may be a great alternative. What is Small Claims Court? Small [...]
Inventory, warehouse and manufacturing management are rarely named as top features of Intuit QuickBooks Desktop or QuickBooks Online products. Many clients find these advanced features as difficult to learn and almost impossible in keeping up to date. Management must often deal with nonsensical numbers such as a balance sheet showing negative inventory or colossal amounts [...]