Common Errors in Tax Preparation
Mistakes can happen when you're preparing your taxes, even with all the technological automation on hand. A good way to avoid the oversight is to keep...
Reasons Why Your Business Needs an Accountant
Do you ever think your business needs an accountant? There is a high percentage of small business owners shutting down after just a year of operation...
Guide to Tax Returns for Small Business Owners
Tax season may come as a challenge if you're a small business owner and most will find it to be such a headache. If this is your first tax season, you...
Top 7 Accounting Mistakes to Avoid for Your Small Business
Most small business owners don't have a background in accounting. But understanding the basics of how to manage your finances is crucial to the succes...
10 Tips for Better Budgeting
…and how QuickBooks Online can help you with the mechanics. If you already have a budget, it’s probably been difficult for you to stick with it for...
If you’re not using QuickBooks Online, you’re missing out
If you dread every minute of the time you spend on accounting, you should know how QuickBooks Online can change your outlook. How long would it tak...
Fundamental Accounting Principles
Generally accepted accounting principles (GAAP), are common standards and procedures issued by the Financial Accounting Standards Board (FASB). It enc...
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 the...
Accounting Basics for Small Businesses
Managing finances can be daunting and time consuming but don't let yourself be overwhelmed by the numbers. Small business owners struggle with this on...
QuickBooks Online: Journal Entry
Simply put, a Journal Entry is a record of all accounting transactions made by the company and entered in a General Ledger. QuickBooks Online takes in...