Tracking Bills in QBO: Useful or Not?
As a tradesman, keeping track of bills can be a hassle. With countless expenses ranging from equipment and supplies to gas and travel costs, managing finances can quickly become overwhelming. However, QuickBooks Online offers a streamlined solution to effortlessly manage and track your bills in one convenient place. So, why should you track your bills […]
Adding Personal Accounts to QBO: Why it’s Best to Avoid
As a small business owner, you might start off using your personal accounts in your business. Naturally, you add these to your Quickbooks Online. However, this can lead to a number of problems down the road. In this blog post, we’ll take a look at why it’s a bad idea to add personal bank and credit […]
Quickbooks Desktop or Online: Which is Better?
Your business has reached the point that you need to move off of Excel spreadsheet tracking. Quickbooks is the most popular choice, but which do you choose: Desktop or Online? What are the differences between the two? Does it matter which one you pick? Let’s take a look at some things that might help you […]
Here’s How to Stop Getting Burned from Underestimating Jobs
Do you find you underestimating your jobs all the time? You might need to start getting help from your bookkeeper or figure out how to track your expenses. This is one way you can start getting a better understanding of what projects cost. You will then be able to better estimate your jobs. Let’s start […]
Which Accounting Software is Best?
Quickbooks Online is the most common accounting software in the US. But did you know there are other accounting softwares? They range from subpar to somewhat comparable to QBO. All work for the same purpose though: keeping track of your income and expenses. What makes each one different? Let’s take a look! Quickbooks Online is popular […]
When is the Most Effective Time to Hire a Bookkeeper?
You might be asking yourself, when should I hire a bookkeeper? That’s a great question! The best answer is when you feel ready. But here are some other instances that might force you to hire a professional: These are all good ideas of when it’s best to hire someone to do your bookkeeping, such as […]
How to stay on top of bookkeeping during the holidays
The holidays are here and it’s harder than ever to focus on work. Lot’s of normal tasks are pushed aside as you rush to get ready. Unfortunately one of the first things to go is bookkeeping for your business. Compounding transactions from Oct-Dec can be a tough surprise come the new year. What are things […]
Forecasting the Future: What You Need to Know
You step into the bookkeeper’s dark office, closing the door behind you. She sits in front of you, several monitors behind her all showing the same thing: QuickBooks Online’s logo as a screensaver, dancing around like a rubber ball in a bouncing castle. “Please take a seat,” she points at the chair in front of […]
How You Can Use Job-Costing for Successful Trades Business Growth
If your business is project-based, it can be hard to know exactly how much profit vs. expenses you make with each job. There may be times when expenses are purchased for several jobs at once or used over several projects. Clients have multiple invoices with incomplete payments, but you have a hard time keeping track […]
Which QBO Option is the Best Version for You to Get Started
If you couldn’t tell from my previous post, I don’t really care for the Self-Employed version of QBO. It’s limited capabilities and inability to upgrade simply means that you are stuck with an accounting software that won’t hold out when you decide to expand your business. Simple Start is a better choice, but it still […]