Blog
Effective Financial Documentation Strategies for Taxpayers
Today’s topic has the benefit of ensuring your "financial fortress" is as airtight as it can possibly be, which has its own advantages. Ah, the wonders of financial documentation... Effective Financial Documentation Strategies For Taxpayers "You get older and you...
The Why of Business Planning
Planning is the art of establishing a story of an endeavor, ideally in writing. Because a business is comprised of a series of activities that need to be planned, strategically coordinated, and managed, planning is essential to successfully support the goals and...
Accounting for Short-Term Rentals
Owning a rental property can be a lucrative endeavor, especially when it comes to online platform rentals, such as Airbnb, Booking.com, HomeAway, VRBO, etc. This business model comes with rewards, but also with great level of organization of the income received, and...
How to Clean Up QuickBooks for 2020
We know December is a busy month. However, take some time now to make sure QuickBooks is ready for 2020. Yes, it’s here again: the end of the year. You probably have a lengthy to-do list full of tasks that must be done before December 31. There’s one task—or rather, a...
Strategy Execution
A while ago I had the opportunity to be a business consultant for a company. The company was facing with major disorganization in the accounting department that transcended to other areas impacting the operational efficiency, as well as, profitability of the company....
Setting Up Sales Taxes in QuickBooks, Part 1
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...
Do you have a Strategic Business Plan?
Most small businesses start operating without having a roadmap that can guide them through the whereabouts of doing business. Questions such as: Should I expand my product line or should I reinvent the services that I’m already offering? Do I know my Strengths,...
Using QuickBooks’ Bill Tracker
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...
Using QuickBooks’ Bill Tracker
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...
