My Favorite Time-Saving Tips

Beverly Lang QuickBooks Leave a Comment

So, you finally did it – you started your own business. Starting a small business takes a lot more than a great idea or product.  It takes passion, commitment, and the ability to wear numerous hats to make your business successful.   While being a business owner is rewarding, it is also very time consuming.   One of the most common complaints …

Productivity – What It Looks Like for Me

Beverly Lang QuickBooks Leave a Comment

Overworked? Stressed Out?  I constantly feel like my to-do list and clock are engaged in a constant battle.  Over the past couple of years, I have had a BOOM in business but with the growth came more for me to accomplish.   I decided to examine what is working and what isn’t – then figure out how to me more productive.  …

Accounting Terms

Accounting Terminology

Beverly Lang QuickBooks, Uncategorized 1 Comment

Accounting is known as the “language of business”. Accounting is a means through which information about your business entity is communicated through financial statements, the end-product reports. Therefore, the purpose of accounting is to provide information to different users for making economic decisions. QuickBooks is a great resource for all your accounting needs.  Every small business owner should have at least …

Accounting Methods: Cash vs. Accrual

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Officially, there are two types of accounting methods, which dictate how the company’s transactions are recorded in the company’s financial books: cash-basis accounting and accrual accounting. The key difference between the two types is how the company records cash coming into and going out of the business. Within that simple difference lies a lot of room for error — or …

Classes Creation in QuickBooks

CLASS TRACKING

Beverly Lang QuickBooks 6 Comments

Want to go beyond standard account-based tracking in QuickBooks? Expanding into Class Tracking provides you with  customization  and a way to track specific expenses, categorize shared expenses across multiple accounts and handle the accounting for one-off and occasional expenses that aren’t necessarily associated with a particular account type. QuickBooks offers a user-friendly method for setting up class tracking, allowing you to get …

Void Check

VOIDED CHECK

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When you need to void a check, there are several things to consider. Here a few tips to ensure it is done properly. CHECK IN THE CURRENT PERIOD If the check is in the current period, simply change the amount to zero. Leave everything else alone. In QuickBooks you will go up to the top of the screen and choose …

5 Steps to Starting a Business

5 Steps to Starting a Business

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  So you have finally done it! The hard part is over now that you have made the leap. You have decided on a business idea and are ready to get started making your dream a reality. Starting a business involves planning, key financial decisions and completing the necessary legal tasks. The following 5 Steps to Starting a Business will …

GoPayment App for Apple Watch

GoPayment App for Apple Watch

admin QuickBooks

We all want to be the “cool kid” and have the latest and greatest technology.  So why wouldn’t we all be excited about Intuit’s new GoPayment App for Apple Watch.  Look for the new green app icon on your iPhone or iPad! Get Paid Faster When you tap the GoPayment icon, the Take Payment screen lets you get paid right …