Pennywise Wisdom: Keepin’ Trouble at Arm’s Length with Taxes
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Pennywise Wisdom: Keepin’ Trouble at Arm’s Length with Taxes

Folks, let’s talk plain and simple about taxes – the old saying holds true. It’s sure cheaper to keep out of trouble than digging yourself out of a tax hole with the IRS! It simple: if you miss the mark on tax obligations or mess up those returns, it’s like opening the floodgates for penalties…

Updating Sheldon Bookkeeping Phone Service
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Updating Sheldon Bookkeeping Phone Service

We’re updating our phone number. We are leaving Google Voice and moving to regular cell service. Our phone number will remain unchanged: (717) 219-7301. Google Voice certainly worked well for us, but it became problematic to dial out at times. This became noticeable during slow Internet times. Something had to change. The solution is now…

QuickBooks Online for Landlords: How to Handle Tenant Security Deposits
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QuickBooks Online for Landlords: How to Handle Tenant Security Deposits

When setting up QuickBooks Online, in the Chart of Accounts, it is important to set up a special account to handle your Tenant’s Security Deposits. You can name the account anything (I recommend using Tenant Security Deposits.   The type of account is: other current liability.  This is important. The reason a tenant’s security deposit is…

Sheldon Bookkeeping is Now QuickBooks ProAdvisor Gold
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Sheldon Bookkeeping is Now QuickBooks ProAdvisor Gold

I am pleased to announce that I have become a part of the QuickBooks ProAdvisor Program Gold. I have just added the badge to the home page of this website. It is also included in the footer area. As an independent Certified QuickBooks ProAdvisor (ADVANCED), it is also great to be a part o the…

How to Add Serial Numbers to Inventory in QuickBooks Online
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How to Add Serial Numbers to Inventory in QuickBooks Online

QuickBooks Online Can Handle Serialized Inventory If you need to keep track of the serial numbers of items in your inventory, QuickBooks Online can do that for you. Even though you may have been told you can’t do that in QuickBooks. Well, there is a solution. It is QuickBooks Online Advance and an App integration….

The Key Partner in Your Business Fight Against Inflation is Your Bookkeeper

The Key Partner in Your Business Fight Against Inflation is Your Bookkeeper

Based on a blog post on the Intuit website, a whopping 80% of small USA businesses report that their accounting professional is helping them in the battle against inflation. Here is the question, and the answer: Has your accountant or bookkeeper helped your small business to limit the impact of inflation this year? “Nine out…

Real Estate Bookkeeping – Don’t Make These Three Big Mistakes

Real Estate Bookkeeping – Don’t Make These Three Big Mistakes

Real Estate Professionals need good bookkeeping practices and workflow to properly operate their businesses. From the single agent to team leaders, and all-size offices, the demands of handling their daily schedule take precedence over the required bookkeeping. Here are three mistakes I have found real estate professionals too often make in running their business as…

Sheldon Bookkeeping has launched!
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Sheldon Bookkeeping has launched!

George Sheldon has launched Sheldon Bookkeeping service. This has been in the works for several months, but with the opening of this website, it’s official. We are open and accepting new clients. You can read more about our services on our Sheldon Bookkeeping site. The main service being offered is the virtual bookkeeper service. Now…

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