In case you’re new to QuickBooks or you haven’t set up online banking yet, you may not know how easy it is (financial institutions may vary), or how safe it is. You can connect to one of your banks and import months of transactions under 10 minutes, depending on the volume of bank transactions you have. Check out our article to learn how.
Accounts payable (AP) is a crucial function to any business, as errors in the process put a company in problems. Although many businesses still use manual methods as they find the system to work fine, it requires a lot of precision from the accounts payable team. There are better – and more efficient – ways to manage AP through automation.
Bookkeeping is crucial for every business, and yet, many beauty salon owners underestimate the significance of this activity. In between booking appointments and ordering supplies, they barely have the time to attend to the bookkeeping and accounting needs of their business.
Many small business owners are reluctant to hire professional bookkeepers for organizing and tracking their financial documents, preferring to manage things on their own. However, following through with this decision isn’t quite as simple as it seems. By doing your own bookkeeping, you’re more likely to make mistakes and adopt less than ideal practices.
Every successful business has a professional bookkeeper documenting its transactions and keeping a record of all financial activities. In the last couple of years, there has been a growing trend of business owners hiring professional bookkeepers to manage accounts instead of doing all the paperwork on their own.
Every business need bookkeeping to ensure its finances are in order at all times. See why bookkeeping is important.
“Best practices” are recommendations for the most effective way to get things done. Are you following standard procedures in QuickBooks Online?…
We know December is a busy month. However, take some time now to make sure QuickBooks is ready for 2020.