How to Find a Rockstar Bookkeeper, Locally or Virtually

When it comes to finding a bookkeeper, there are some things to keep in mind. Do you feel comfortable with this person? Remember they are going to be dealing with your finances on a daily basis so this should be someone you trust. Does this person have a good reputation? Check out their reviews online. […]

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 […]

Which Version of Quickbooks Online Do I Have?

Possibly one of the most confusing things about Quickbooks Online is choosing which version to use. As of August 2021, there are five versions of this software: Self-Employed, Simple Start, Essentials, Plus, and Advanced. And while it might be easiest to use price as a choice factor, this won’t help in the long run as […]

When Payroll Gets Too Stressful: How to Integrate Payroll in Your QBO

Payroll is one of the most complicated and easily messed up types of transactions on your QuickBooks online bank feed. With so many different types of transactions coming in and each needing to go into a separate account, this can quickly go from a neat set of books to a complete horror story. But what’s […]

Why is Bookkeeping Important?

Bookkeeping is defined in the dictionary as being “the work or skill of keeping account books or systematic records of money transactions.” One of the first things we learn when starting a business is to keep accurate records of everything that comes in or out. We hoard receipts, make sure to send invoices when asking […]

What is the Difference between Service, Inventory, and Non-inventory in QBO?

You’ve gotten your business set up, you signed up with QBO, and now you’re ready to enter your Products and Services. After finally finding it (they hide it in the Sales tab), you go to put in your lawn mowing service, which is straight forward enough. The only thing to really check is confirming whether […]

Ok, but What Do You Do as a Bookkeeper???

Recently a fellow bookkeeper was asked what she does for a living to which she replied bookkeeping. The person then said, “Oh good, because I don’t like the way my cookbooks look with my children’s books.” That isn’t exactly what bookkeeping is. 🙂 I’ve gotten the question of what is bookkeeping or what do bookkeepers […]

Bookkeeping Behind the Scenes: What is the Bookkeeping Cycle?

Money in, money out, money in, money out… so goes the month. You go into your QBO, add these transactions to the file, check out your financial statements, end of story, right? Not quite. More happens behind the scenes than what shows on your QBO dashboard. Back in the day when actual “books” were used, […]

Why you need a quality bookkeeper during a pandemic?

With the pandemic seeming to never end, small business owners are trying to reduce their money output to save money and keep their business running. Some may be thinking of letting their bookkeeper go. While this is completely understandable, let me tell you reasons why you, as a business owner, should hold onto your bookkeeper. […]