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…
If You REALLY want to Start Over in QuickBooks Online Since it is the beginning of the new year, I thought I would share the method that will delete your data and allow you to start over in QuickBooks Online. WARNING: Make sure you REALLY want to start over. It will not work in all…
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…
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