Throughout the year, we publish weekly blogs loaded with tips, tricks, and valuable information about QuickBooks and all things bookkeeping. We all know 2020 was an unprecedented year, with information regarding relief programs and other solutions for businesses affected by COVID-19. We've compiled our most popular and significant blog posts from 2020 here to be sure you don't miss out on them!
There are many tasks involved with small business bookkeeping. These tasks often take much longer than we expect because concepts are easier to understand than to implement.
Here are some simple solutions to your bookkeeping problems:
Before you know it, the holidays will be here. Even with fewer get-togethers this year, the calendar is still filling up with to-dos. Don’t put off the year-end planning details of bank reconciliations and estimated tax payments until the last minute. Save yourself the stress and start the cleanup now!
Did you scramble to find copies of your vendors’ W9s last year? 1099s must be postmarked by January 31st, 2021. It’s time to prepare to make the job easier for this year. Here are some tips that can proactively help you slide through January with ease:
We are grateful to have Mel McGee and We Can Code IT as a client. We Can Code IT is a culturally inclusive learning community that offers fast-paced coding bootcamps for adults both online and in person. We Can Code IT facilitates a modern and engaging learning experience. They are committed to their students every step of the way, from admissions to job placement.
Do you ever wonder where your business’ money is going? If not, it’s time to look further. A great way to find out is by using the cash flow statement, or statement of cash flows. Along with the balance sheet and income statement, the cash flow statement will identify where your revenue is coming from and where it’s going.
With more people shopping online, it’s a great time to be in the e-commerce business. If you’re like other e-commerce businesses, it’s likely that you need help with your bookkeeping. There are a lot of moving parts and managing them is no easy task. Hot topics in e-commerce bookkeeping are:
Let me introduce, Dr. Anna Van Heeckeren. Dr. Anna is the President and CEO of One Health Organization. She is also a veterinarian who saw the need for affordable care for pets whose owners are unable to take them to the vet. One Health keeps pets and people healthy at home! With more people sheltering at home, One Health’s service is essential.
Many small businesses choose to do their own bookkeeping for a variety of reasons, including perceived cost savings. Others hire a cheap bookkeeper or inexperienced staff to cut costs. The truth is, bad bookkeeping can be costly, and here is why:
As an outdoor enthusiast, this Client Spotlight is near and dear to my heart. I am delighted to introduce to you Mera Cardenas of Canalway Partners. If you’ve ever had the pleasure of biking or walking the Towpath Trail that weaves throughout Cleveland, you can thank Canalway Partners as they are the chief fundraiser for the Towpath Trail in Cleveland and Cuyahoga County. They take the lead in strategic decision making, grant writing, and community outreach. Canalway Partners also hosts many events throughout the year that encourage people to spend time outdoors exploring our great city. The board and staff of Canalway Partners recently celebrated the opening of a new section of the Towpath Trail in the Tremont neighborhood. (See photo below.)