BudgetEase Blog - Making YOU Profitable™

    Pitfalls to Avoid When Setting up QuickBooks Online

     The selection process for deciding which bookkeeping tool is best for your business can be tedious and challenging to decipher in terms of features and benefits. If you've landed on QuickBooks®, congratulations! You've chosen what we at BudgetEase consider a necessary and highly effective tool to help make YOU more profitable!

    How Vacations Make YOU Profitable

    It is known that most Americans leave several days of vacation on the table each year, but what about the business owners? We rarely break away from our beloved business for evenings and weekends, let alone a few days or a week away. Pride and passion drive our vision, mission and ideally a strong bottom line.

    Here are few reasons why you should give yourself permission to vacation:

    Making YOU Profitable: The Importance of a Clean Balance Sheet

    Cash may be King but never underestimate the value of a clean balance sheet. What does clean mean and why is it important?

    1099s - How Do I File With QuickBooks?

    Yes it is 1099 season! If you are a small business and don’t have bookkeeping support, what is the quickest way to get your 1099s out to the correct vendors?

    Businesses are required to send a 1099 to:

    • Service providers that you paid $600 or more
    • Your landlord for the rent you paid
    • All attornies even if they are incorporated

    Who don’t you send a 1099 to?

    • Corporations
    • Suppliers of products like utilities or office supplies

    The two easiest ways to file are:

    Why a CPA Firm Should Not Do Your Bookkeeping

    Our clients often ask us to help prepare their taxes in addition to the small business bookkeeping assistance we provide. Instead, we refer our clients to a CPA firm to provide tax preparation assistance. Why? Let’s look at the primary purpose of a CPA and a bookkeeping firm:

    7 Reasons to Be Thankful For Your Bookkeeper

    My bookkeeper:

    1. Keeps me organized.
    2. Keeps me accountable on tasks I don’t care for.
    3. Frees me up to do the work that I love.

    The 4th Quarter Stretch

    It’s that time of year, rounding out the fall season and sliding into the last few months of the year. With the daily unexpected events, now is as good a time as any to take stock in what you and your business have…at this very moment.

    5 Questions to Ask Yourself When Reviewing Your Company Budget

    As last year winded down and you looked toward this year, you probably had goals and dreams of where you would like your business to go and how to make it grow. You prepared what you thought to be a realistic budget. Preparing the budget is the first step; reviewing it at least monthly is as important to the success of your company. Don’t let your budget gather dust and never look at it again.

    The Top Outsourced Bookkeeping Services in Cleveland

    As the CEO and founder of BudgetEase, an outsourced bookkeeping service in Cleveland, Ohio, I meet with hundreds of small businesses each year. As prospective clients weigh their options when choosing a partner for their bookkeeping, I often get asked who do I respect in the region.

    How Your Bookkeeper Should Treat You, the Business Owner

    Our small business clients have varied relationships with their respective bookkeepers. Some are a part of the team on a full-time basis, while others have the bookkeeper in part-time or as needed, either weekly or even monthly.

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