Providing the small office, home office, and solopreneur business owner
with QuickBooks tips, small business resources, and inspiration
you can use to create Your Business and Your Life, Your Way!

Thursday, January 12, 2012

Should you pay to advertise your website with an online directory?

Tuesday, January 03, 2012

Wondering about closing out your QuickBooks for 2011? Here's some tips

QuickBooks Year End Tips

Often times clients ask if there is anything they need to do in QuickBooks to close the year. QuickBooks is one of the few accounting programs that does not require you to close your books. The program makes some automatic adjustments at the end of the fiscal year to prepare your books for the new year. However, there are still some actions you can take that will make your life and your business more productive. Following are the five most common year end tasks that need to be performed.
1.  Log all petty cash account receipts.
2.  Reconcile all bank accounts and credit card accounts. This includes the Petty Cash account.
3.  Log any expenses for the company that you have paid for personally.
4.  Take a physical inventory and adjust quantities and/or values in QuickBooks.
5.  Print financial reports (Profit & Loss and Balance Sheet) and review for any discrepancies.

In addition to these, your accountant may advise you of some entries regarding depreciation, assets, and accrual adjustments.  You can also find a very helpful Year-End Guide in QuickBooks by going to Help>Year End Guide.

If you need help with any of these year end procedures please call to schedule an appointment.

Friday, October 07, 2011

Monday, October 03, 2011

Join us for the West Volusia WOAMTEC lunch meeting this Thursday Oct 6th @ Holiday Inn Express Orange City.

Thursday, September 29, 2011

Want to learn how to avoid the 3 Common Mistakes QuickBooks Users Make? Check out this video
I have had several days without social media...guess was OK!

Thursday, September 08, 2011

"The past is history, the future a mystery, but today's a gift, that's why it's called the PRESENT!"--unknown

Monday, August 29, 2011