QuickBooks desktop is a great software package for small businesses but there are some tips that can help you get more out of it! I have written different posts about accounting for entrepreneurs, but this one will focus specifically on QuickBooks. Here’s some key QuickBooks tips.
At first this may seem like an odd statement: DON’T trust your bookkeeper too much! Accountants, and I am one, are usually stating the importance of accounting, so why would I even say this? Yes, you need trusted help, but you also need to protect your business.
I recently talked with a client about his financial reports, and he asked “Why can’t all accountants use the same terms?” and “Why does my software not use the accounting vocabulary you use?” So, to help with the confusion . . . here’s a post to help you: some basic accounting vocabulary.
Your accountant is there to help you, so YES it really is good to tell your accountant a lot about your business. As I work with entrepreneurs, I find that as time goes on they talk to me much more. But, it doesn’t always start out that way. Here’s why your accountant wants you to tell them a lot.
As an accountant to small businesses, I find myself frequently saying to clients: “Here’s some basic accounting tasks you should consider doing right away to protect your business”. Today I’m going to share some tips to fix accounting mistakes.
You may think accounting is frustrating, PAINFUL, and a necessary evil that you wish was unnecessary. But at some level you know that understanding your numbers will better protect you both personally and professionally. Here’s help to choose an accountant?
Many times small businesses put off accounting. It takes time and may be frustrating. But you may get to the point to finally say: “Fine, as an entrepreneur I need accounting … I need to get a better handle on knowing my numbers”. It may seem overwhelming, but there is hope.