Intuit QuickBooks Online Plus

QuickBooks Online ….. Did You Know?

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You can Play in a QuickBooks Online Sample Company at No Charge Do you have a client that needs to see a demo or play around with QBO before taking the leap?  Just visit the link  http://qbo.intuit.com/redir/testdrive and give it a try.  Nothing you do will be saved, but this is a great place to begin learning about QBO.  This …

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

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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.  …

QBO Bank Reconciliation

QBO Bank Reconciliation

Beverly Lang QuickBooks Online 2 Comments

Why is it Important to Reconcile your Bank Accounts? Like your personal bank accounts, it is important that you reconcile your business bank accounts on a monthly basis. Reconciling is the process of matching the transactions on your bank statement to what you have recorded in QuickBooks. Reconciling your bank accounts regularly will help to ensure the following: Any discrepancies …

BONUS Check

Beverly Lang Payroll

Create bonus checks only Employee bonus checks are not always tied to your scheduled payroll. You can cut separate bonus checks any time you like.

Employee Pay Adjustment History Report

Beverly Lang Payroll 3 Comments

We have been asking for additional payroll reports and Intuit has listened.  I am excited to announce that Intuit released the maintenance update R3 for 2018 Desktop QuickBooks Products.  It’s a bit unusual to see something ‘totally new’ appear in a ‘maintenance’ release of a desktop product, but it seems that Intuit intended to do this from time-to-time. Intuit released …

Direct Deposit

24-Hour Direct Deposit

Beverly Lang Payroll 6 Comments

Intuit announces Free 24-Hour Direct Deposit for QuickBooks Online Payroll and QuickBooks Full Service Payroll!  Having to schedule payroll many days in advance can be problematic when you or your clients are tight on cash flow. It can create a financial burden and a time constraint in order to meet these advance deadlines. Now, you can help solve that problem …

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 …

How to set up health savings account (HSA) plans

Beverly Lang Payroll 1 Comment

A health savings account (HSA) is money (pretax or taxable) that an employee can use for out-of-pocket medical expenses. An employee is eligible to set up an HSA if they satisfy all federal requirements, such as participating in a High Deductible Health Plan (HDHP). It is the responsibility of the employer to determine an employee’s eligibility and annual maximum contribution.  …

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 …