QuickBooks Mileage Tracker App
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QuickBooks Mileage Tracker Tip

If you are having any trouble with the QuickBooks Mileage Tracker is the mobile app, check this: when you’re tracking mileage, go to your phone settings then set the phone’s location permissions to “Always.”  If it’s an Android, go to your phone settings and set the phone’s location permissions to “Allow all the time.” And physical…

QuickBooks Business Affiliate
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Sheldon Bookkeeping is now a QuickBooks Business Affiliate

We are pleased to announce that we are a part of the QuickBooks Business Affiliate Program. This allows us to offer new clients discounts on QuickBooks Online Subscriptions. Intuit has authorized Sheldon Bookkeeping to display the QuickBooks Business Affiliate Badge. It is being added to the main page of our website. More information will be…

IRS Publication 587 Business Use of Your Home
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Deducting the Business Use of Your Home

What it costs you to have a home office is a legitimate and deductible expense on your taxes. Many small businesses operate out of a home office – it’s quite vogue to do so. The IRS is not your enemy. They provide much free information about how you can take advantage of this deduction. To…

QuickBooks Point of Sale
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QuickBooks Desktop Point of Sale to be Discontinued

After 20 years of being available,  Intuit has decided to discontinue QuickBooks Desktop Point of Sale 19.0 on October  3, 2023, the era of the software comes to an end. There will be no future versions of QuickBooks Desktop Point-of-Sale software.  Intuit also has decided it will no longer sell QuickBooks Desktop-Point-of-Sale to new customers….

QuickBooks Online & Multiple Companies
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QuickBooks Online & Multiple Companies

Many clients seem to have multiple companies they own and operate. While working with these multi-company clients, they often want to place their various businesses into one QuickBooks Online subscription plan. “How can I do that?” is their question. And the simple answer is, “You can’t.” This is how it works: You can have multiple…

Home Office Tax Deduction for Real Estate Investors
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Home Office Tax Deduction for Real Estate Investors

Home Office Tax Deduction for Real Estate Investors For real estate investors, home office tax deductions are similar to those for other self-employed individuals. However, there may be some additional deductions that are specific to real estate investors. Here are some common home office tax deductions that may apply to real estate investors: Depreciation: Real…

Some End of the Year Close the Books Advice
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Some End of the Year Close the Books Advice

Some End of the Year Close the Books Advice Closing your QuickBooks at the end of a fiscal year involves several steps to ensure that your financial records are accurate and up-to-date. Here is a general procedure that you can follow: Backup your data: Before making any changes to your QuickBooks file, it’s important to…

QuickBooks Online Automated Sales Tax System
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Automating Sales Tax Calculations in QuickBooks Online

Sales Tax Made Easy QuickBooks Online will now automatically handle the sales tax calculations for you on your invoices and receipts for easy and accurate filings. And, QuickBooks Online also lets you know when your sales tax payment is due, helping you to file on time and avoid any extra fees, penalties, or costs. The…

Chart of Accounts for Real Estate Agents
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Free Chart of Accounts for Real Estate Agents

Now available for free from Sheldon Bookkeeping: a Chart of Accounts for Real Estate Agents. This Chart (COA) is compatible with all versions of QuickBooks Online. It is for the smaller real estate agent business, as it does not include categories for employees. It does include accounts to categorize different sources of income as well…

QuickBooks Business Network
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Here Comes QuickBooks Business Network

Intuit has expanded the availability of the QuickBooks Business Network to millions of small and mid-market businesses in the United States By doing so, Intui has created one of the largest business-to-business (B2B) networks that will accelerate and automate B2B payments. It will also improve cash flow. “With the QuickBooks Business Network, we’re innovating to…

QuickBooks Desktop
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Quickbooks Desktop Versions Discontinued Notice Published

Intuit has published an announcement about QuickBooks Desktop.“After May 31, 2023, access to add-on services will be discontinued for QuickBooks Desktop for Windows 2020. This includes all versions of QuickBooks Desktop Pro, Premier, and Enterprise Solutions v20.”The announcement is on the QuickBooks website and is accessed here. Products affected by service discontinuation after May 31,…

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