Beat the 1099 Deadline: A QuickBooks Online Guide for Small Businesses
1099 Forms have to be filed by January 31. Are you ready? Navigating tax season is a crucial task for small business owners, and an essential part of this is handling the 1099 process effectively. QuickBooks Online (QBO), a popular accounting software, can streamline this task, making it more efficient and less prone to errors. […]
Keep it Separate; Keep it Safe
If you’re an entrepreneur, or thinking about becoming one, it is vital that you keep your business and personal finances separated, that is, if you ever want to write off those business expenses. I’ve found that it is almost always easier to set up this separation at the start before generating any business transactions. Trying […]
Taxing the Tax-Exempt
The topic of nonprofits and sales tax in North Carolina has come up several times over the last couple of weeks. So, I thought I would take this opportunity to explain the current system and maybe even rant a little about it. We’ll see… What is Sales Tax Sales tax is a state-imposed tax that […]
Quickbooks Connect: Don’t Play to Win with Simon Sinek
During the Quickbooks Connect conference, I had the opportunity to observe a “fireside” chat with Simon Sinek. Not sure why it’s called that, because there was no fire except maybe for the content he dropped! Simon Sinek has long said that great companies all have an “Infinite Mindset”. In this chat, he explains just how […]
Quickbooks Connect: The Magic of No-Code
One of the breakout sessions I attended during Quickbooks Connect 2022 talked about getting started with no-code development. I had poked around with no-code tools previously, but this still helped open my eyes to all the possibilities! What is no-code and why is it important not just for bookkeepers but for any business that wants […]
Quickbooks Connect: Serena Williams
“Fireside” Chat with Serena Williams During a “fireside” chat at Quickbooks Connect, I go to hear from Serena Williams and learn about all the endeavors she has going on. I just knew her as that incredible tennis player, but she has gone on to do much more in the areas of fashion and venture capitalism. […]
Choosing Your QBO Subscription
All details concerning pricing and features are current as of September 2022. Choosing your QuickBooks Online (QBO) subscription can appear very daunting at first glance. One can easily get caught up in the weeds of the different features and limitations. This does not need to be an insurmountable obstacle though. My goal is to give […]
What is a Balance Sheet?
For those who haven’t been immersed in business and finance, any topic within those realms can be daunting. Take for example, “balance sheet”. Most people have probably heard that term, but how many of us actually know what it means? That great bastion of academic rigor, Wikipedia, defines a balance sheet as “a summary of […]
How To: QuickBooks Online Tracking
What Mileage Tracking as its name suggests, is simply tracking mileage. The two main categories of mileage are business & personal. Business mileage is for anything business related such as traveling from your office to a client’s place of business for a meeting. On the flip side, personal mileage would be your commute between home […]
Three Reasons You Should Be Using Accounting Software
What is Accounting Software? While there are countless variations in features and functionality between different accounting software solutions, all of them have the same basic goal: to record and report a company’s financial transactions. Back in the day, a company’s “books” were literal books. However, with the advent of computers and the creation of accounting […]