Introduction Managing the financial aspects of a small business can be a daunting task, but with the right tools, it becomes more manageable. QuickBooks Online is a popular choice among small business owners for good reason. This cloud-based accounting software offers a wide range of features and benefits that can help streamline financial management, saving…
QuickBooks recently announced a New Subscription-Free Payments and Banking Solution designed for small business. QuickBooks Money is available now. Small businesses can sign up here. “QuickBooks Money represents an incredible opportunity to expand the reach of our fintech platform and give more small businesses access to powerful cash flow management tools,” said David Talach, senior…
Maybe. But… Yes, bookkeepers commonly handle accounts payable (AP) tasks. Accounts payable is a critical aspect of a company’s financial operations that involves managing and recording the money a business owes to its suppliers or vendors for goods or services received. Bookkeepers are often responsible for a range of financial activities, and accounts payable is…
In the contemporary landscape of business operations, the utilization of independent contractors, commonly known as 1099 contractors, has become increasingly prevalent. Small businesses, in particular, often rely on these freelancers for their specialized skills, flexibility, and cost-effectiveness. However, with this reliance comes the crucial responsibility of properly managing and handling these contractors to ensure legal…
QuickBooks Online Payroll has been enhanced with Flexible Account Mapping. What this means of that Quickbooks has removed mapping restrictions from payroll settings. By doing so, there is now more flexibility when it comes to which type of chart of accounts to map payroll items. There is now less need to create journal entries in…
MBN reports that Monica Marie Padilla, a San Antonio bookkeeper was arrested by the FBI and later appeared in court in leg shackles to stand before a judge. Padilla is accused of stealing over $500,000 from her employer. The 48 year old woman is facing 23 counts of wire fraud and identity theft. Presumed innocents…
Tax Planning Included with your bookkeeping Our Clients Get Pro-Active Tax Reduction Planning. The time to reduce your tax liability is not when you file your taxes in April, but throughout the entire calendar year. Let’s plan to keep you from ever overpaying on your taxes again. We assist small business owners throughout the year…
We have added a new pafe here on the website about our Tax Planning service, which is included with our bookkeeping service. We believe that the time to handle your taxes is throughout the year, not just at the time when you write out your check when you file your annual tax forms. Let us…
Within the next few days, you will be able to see a new look of the QBO Left Navigation menu. The new menu will be standard among all subscriptions. At first, there will be about a 30-day opt-in period, where you can turn it on or off. However, by the end of September, the new…
We have launched a new logo for the Sheldon Bookkeeping brand. Now a circular design, our logo will slowly be rolled out on our website, forms, and other marketing materials. Here is a look at the new logo:
Big changes are coming in September for Bill.com and Melio users working in QuickBooks. Notices will be going out until the middle of September about these two legacy programs that will no longer integrate with QuickBooks Online. QuickBooks Bill Pay, a new Intuit solution that’s fully integrated with QuickBooks Online, is coming and will be…
Some new things are quietly being added to QuickBooks Online. One handy thing is in the + New – now when the menu pops up, at the bottom of each column, you can quickly add Customer, Vendor, Contractor, or Product and Service. Just a faster way to access the way to add things in QuickBooks…
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