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….

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…

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…

Why Real Estate Agents Should Use Quickbooks
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Why Real Estate Agents Should Use Quickbooks

Some real estate agents wait until it’s time to get their annual taxes filed, and then they scurry about trying to assemble a year’s worth of receipts, bills, and check stubs into some form of business financial records.  Others plan ahead for tax day, by maintaining accurate, up-to-date financial records.   Getting into business is easy…

Certified QuickBooks ProAdvisor Payroll
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George Sheldon Certified QuickBooks ProAdvisor Listing Updated

ProAdvisor Listing Updated The Certified QuickBooks ProAdvisor listing on the Intuit website is the best way to verify a ProAdvisor’s status.  My own profile has just been updated to include my latest certification as a Certified QuickBooks ProAdvisor Payroll. You can verify and see the George Sheldon ProAdvisor listing in the directory.  

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…

Certified QuickBooks ProAdvisor Payroll
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Certified QuickBooks ProAdvisor Payroll Certification

Today, I have received my third ProAdvisor certification.  I am officially a Certified QuickBooks ProAdvisor Payroll.   This certification is in addition to the Certified QuickBooks ProAdvisor and the Certified QuickBooks ProAdvisor (ADVANCED). Because of the need for real estate businesses and professionals to also process payroll for both part-time and full-time employees, the certification proudly…

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….

Certified QuickBooks ProAdvisor (ADVANCED)
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George Sheldon is a Certified QuickBooks ProAdvisor (ADVANCED)

Today, I earned the designation of Certified QuickBooks ProAdvisor (ADVANCED) from Intuit, the publisher of QuickBooks Online. I understand that only about 3% of the Certified QuickBooks ProAdvisors hold the designation of Advanced. I am most pleased to announce this new designation. I will be updating this website and other listings with updated information about…

Updated Certified QuickBooks ProAdvisor Listing
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Updated Certified QuickBooks ProAdvisor Listing

I have just updated my Certified QuickBooks ProAdvisor listing. The new listing includes this About section: I help small businesses save time and improve profitability by optimizing their QuickBooks. You know how important it is that you know where your business stands. Without reliable data, you can’t make the best decisions, plan your future, or…

QuickBooks Online Training
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Changes Coming to QuickBooks Online

Yesterday, I attended a virtual training session conducted by Intuit where new features coming to QuickBooks Online were announced. It was part of their Product Release Update series. As a Certified QuickBooks ProAdvisor, it is always good to know what is coming and what will soon be available so I can help clients make adjustments…

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