Where do you go first when you sign into QuickBooks Online? Sometimes, you may have a specific reason for consulting your company’s financial information: Maybe you’re checking to see whether you sent out a specific invoice? Or you’re wondering if you’re running low on a popular product? Other times, you probably open QuickBooks Online because
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Do you need to track income and costs related to projects? QuickBooks Online makes this easy – and calculates their profitability. QuickBooks Online can tell you where your money comes from and where it’s going in very detailed, customizable reports. These reports can help you determine, for example, whether you should continue to sell a
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While you’re making plans for the new year, consider how you could improve your financial management – and maybe even your profits. It’s been a rough three years for small businesses. COVID, supply chain issues, inflation – all of these may have triggered a downturn in your company’s finances. If you survived it all, bravo.
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Keeping track of the money you owe can be challenging. QuickBooks Online helps you manage this critical task. Your company’s Accounts Payable obligations have a lot of moving parts. You have bills to pay, expenses to record, inventory items and other purchases to make (some of which require purchase orders), vendor credits to process, 1099
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QBO Banking makes this easy but be sure you know how the site handles them once you’ve moved them. Manual transaction entry doesn’t make sense anymore – not when QuickBooks Online makes the process of importing them from your bank so easy. If you enter them on your own, you risk data transposition errors, which
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It works in the background as a critical element of QuickBooks Online. Understanding the role of the Chart of Accounts There are still many millions of small businesses that won’t use accounting software. Expenses may be an issue for some of them, as well as hesitation to change the way they manage their money. The
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Do you remember your first few hours with QuickBooks Online? Unless you went through a structured training course, you may have just poked around until you figured out how to connect your bank accounts and create invoices and sales receipts and record payments. If you didn’t thoroughly explore the eye-opening Custom Settings and features in
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Adding users to QBO for access to your account can be very useful. Here’s how to set them up. Adding employees to your staff is reason to celebrate. It means you’re growing enough that you need to bring new people on board to get all of your work done. Adding employees that need access to
