Tag: Quickbooks Consultant
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7 Smart Ways to Save Money as a Small Business
It can be difficult for small businesses to save money from the start. They don’t always have a lot of resources at their disposal when trying to get their startup off the ground. In their first year, small business owners reported spending more than twice as much as they had anticipated. Small costs and expenses may not […]
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Robert Boyer Appointed to Intuit QuickBooks Accountant Council
Select Panel Advises on Products and Services that Accountants and Their Clients Want Most Intuit, Inc (Nasdaq: INTU) announced that Robert Boyer has been named to the company’s U.S. Accountant Council advisory board. Intuit’s mission is to power prosperity around the world, and it accomplishes this through its innovative ecosystem of financial management solutions that […]
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How A Professional Can Help You Run A Business
Small business owners have a lot of responsibility when it comes to their company. They oversee operations, take on inventory, look after clients, and manage people. All this comes while running the business and coming up with ways to stay competitive and driving sales. So what happens when they hit a wall or when they’re […]
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Payroll Guide for Small Business Owners
Payroll is the business process of paying employees. Running payroll consists of calculating employee earnings and factoring out federal and state payroll taxes. As a small business owner with employees, you need to know how to do payroll. This payroll guidewill make sure that you’re paying wages properly and stay in line with US tax […]
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Invoicing Mistakes to Avoid
Keeping a record of your sales is important especially when it’s time to make your financial reports. Staying up to date and organized with your invoices will show you how your business is growing and can even strengthen the relationship you have with your clients. When you run a business, there are mistakes to avoid […]
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How to Create Product Records in QuickBooks Online
If you sell one-of-a-kind products and can see all of them at a glance, tracking your inventory isn’t such a big issue. But not many people run businesses like that. Even if you do, you’d want to keep track of what you have and what you’ve sold for accounting purposes. Most businesses sell multiple types […]
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Starting a business in 17 steps
Taking on that daring leap from an idea to starting a business takes courage and determination. It’s a big risk and can certainly be overwhelming but the fruit of your labor will be the sweetest when you have a taste. Every business owner knows that in order to make it out there, they would need […]
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Helpful tips when launching your own business
Got plans to start something new? You’ll need to check out these helpful tips when launching your own business. It’s essential that you plan out your business before you even start it. Make sure all the documents and your offer will be something that stands out. Opportunities arise at many occasions and grasping that opportunity […]
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Fundamental Accounting Principles
Generally accepted accounting principles (GAAP), are common standards and procedures issued by the Financial Accounting Standards Board (FASB). It encompass the details, complexities, and legalities of business and corporate accounting. Although there are plenty of guidelines that make up GAAP, these 10 basic principles are the most commonly practiced by any business accountant. Basic Accounting Principles 1. […]
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Accounting Terms: Profit VS Profitability
Are they the same? What is the difference between Profitability and Profit? Two accounting terms that every business owner encounters. Although they may look similar, they are not entirely the same. Both are accounting metrics used in analyzing the financial success of a business. Accounting Terms Definition Don’t confuse the two accounting terms. Profit is […]