LSLCPAs

MAY 2, 2024

Thinking about making the switch from QuickBooks Desktop to QuickBooks Online? The post Move from QuickBooks Desktop to QuickBooks Online: The time is now! Now’s the time to seize the opportunity! appeared first on LSL CPAs.

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MineralTree

AUGUST 24, 2023

Are you relying on the current accounts payable (AP) workflow in QuickBooks Desktop or Online to manage your financial operations? The QuickBooks AP workflow includes tasks like invoice receipt, data entry, approval, and payment required to manage AP within the software. If so, you’re not alone. Each payment type (i.e.

accounts payable 70

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Ronika Khanna CPA,CA

FEBRUARY 23, 2024

Digital Download Print version Save 80% on QuickBooks Online for the first 6 months Related: How to file your T4 and RL-1 slips and summaries Efiling If you are planning to efile, ensure that you have received a letter from the CRA with your Identification number and Web Access Code. After printing, select the efile option.

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MineralTree

MARCH 7, 2024

Optimizing your AP process QuickBooks is the obvious first choice for many small businesses seeking an accounting software solution. That’s why many finance teams have made the switch from QuickBooks to Sage Intacct. This ERP is easy-to-use and can help businesses fulfill many of their basic needs.

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SchoolofBookkeeping

OCTOBER 22, 2023

In a world where economic landscapes constantly shift, QuickBooks provides invaluable insights into the small business sector. With the release of its inaugural Small Business Index Annual Report, QuickBooks delivers a comprehensive analysis of the small business ecosystem. Read the full press release here.

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Lockstep

MARCH 21, 2023

s If you’re an accountant, you know that a big part of your job is staying on top of your company’s finances. According to recent studies, small businesses account for more than half of the private sector workforce and more than half of all net new jobs created in the United States. So why wait?

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inDinero Accounting

DECEMBER 13, 2021

One of the most critical aspects of running your own business is accounting. Unfortunately, not every business owner has the energy or knowledge to decide between cash vs. accrual or NetSuite vs. Quickbooks. That’s why 71% of businesses rely on outsourced accounting to help them track their financial data.

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CPA Practice

DECEMBER 15, 2023

Ask dozens of accounting professionals and most will agree that using accounting software is an important part of managing a business. Accounting software also simplifies tax preparation by identifying taxable income and deductions with ease. Not all small businesses are on board yet.

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SchoolofBookkeeping

FEBRUARY 24, 2024

Intuit has introduced QuickBooks Solopreneur, an innovative product designed specifically to cater to the distinct needs of one-person businesses. Building on the success of QuickBooks Self-Employed, QuickBooks Solopreneur offers a host of user-friendly features, an intuitive interface, and enhanced productivity tools.

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SchoolofBookkeeping

OCTOBER 22, 2023

In today's fast-paced business world, where efficiency and precision are paramount, Intuit QuickBooks takes a giant leap forward with a groundbreaking announcement. QuickBooks Bill Pay, the latest addition to the QuickBooks family, is set to redefine the way businesses manage their accounts payable processes.

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Lockstep

MARCH 8, 2023

s Accounting professionals rely on QuickBooks Online to keep their finances in order. But Lockstep Inbox takes things a step further: it’s the only shared inbox specifically tailored for accountants. Imagine being able to access your accounting emails from anywhere you go.

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CPA Practice

MARCH 29, 2023

When you’re meeting with your clients and prospects, how do you instinctively know which version of QuickBooks Online is right for them? There’s QuickBooks Online … and then there’s QuickBooks Online Advanced. Spreadsheet Sync can be used to group QuickBooks data from multiple companies.

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Snyder

DECEMBER 4, 2022

Many eBay sellers face challenges when recording their sales transactions in QuickBooks. Various types of transactions come out as a result of selling on eBay, and all of them need to be accurately accounted for. . Here’s what you can learn about eBay QuickBooks integration: 1. Why consider eBay and QuickBooks integration?

quickbooks 52

quickbooks E-commerce Tax Sales 52

Steve Feinberg

AUGUST 9, 2023

Fortunately, Quickbooks the most commonly used bookkeeping software, provides a solution to help streamline financial processes and simplify financial management. Importance of Financial Management For Web Design Businesses As a web design business owner, managing finances is crucial to success.

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MyIRSRelief

OCTOBER 2, 2023

One of the most important things to consider is accounting and bookkeeping. If you’re new to business, you may be wondering why accounting and bookkeeping are so important. You don’t have a lot of money to spend on accounting and tax services. Here are just a few of the reasons why: To track your finances.

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PYMNTS

OCTOBER 14, 2016

13) said American Express is teaming up with QuickBooks to provide joint SME clients with financing for supplier payments. Through their collaboration, American Express will integrate its Working Capital Terms solution into QuickBooks Online for small businesses that are already using American Express OPEN Business commercial cards.

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Accounting Insight

FEBRUARY 7, 2023

Over two days , 8000+ accountants, in-house finance professionals and bookkeepers from all over the world will be returning to the capital for the free annual event. Accountex London is returning to ExCeL on the 10-11 May 2023 for its biggest show yet.

accounting and finance 52

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Accounting Seed

FEBRUARY 3, 2023

Here’s how to take control What was once a gentle push and recommendation to take your accounting to the cloud has become a mandate. Many of the big-name accounting software providers such as QuickBooks are officially ending support for desktop solutions. Do you need multiple apps to make your accounting system work as desired?

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Ryan Lazanis

SEPTEMBER 1, 2023

If you want to see the best cloud accounting software apps all in one place, then you’ll LOVE this ultimate list. In it, I’ll be sharing 147 of the best cloud accounting software apps on the market. Each item in the list will contain a brief description and will focus on how you can level up your accounting automation.

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Ronika Khanna CPA,CA

MAY 5, 2024

Accounting software has come a long way in the past few years. Although a good bookkeeper can be invaluable, It has become fairly easy for business owners and their support staff to take on the responsibility of entering day to day transactions while they employ accountants for the more complex aspects of their accounting and tax.

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SchoolofBookkeeping

JULY 19, 2022

QuickBooks makes many updates and changes throughout the year. We strive to help our members stay informed and optimize their use of QuickBooks to improve their practice. From Intuit QuickBooks in July: QuickBooks Connect is Back, QuickBooks Payments Updates and More. What’s New with QuickBooks Payments.

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CPA Practice

MARCH 21, 2024

Over the course of the past year the company has expanded to support Etsy, Poshmark, Mercari and Amazon sellers in addition to eBay with its automated bookkeeping and accounting solution. The existing landscape of accounting software for small sellers leaves much to be desired.

bookkeeping 52

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PYMNTS

JANUARY 19, 2021

Plastiq , an intelligent payments services provider for businesses, is integrating Intuit QuickBooks to help businesses save time and money, according to a press release emailed to PYMNTS. The combination will offer a “seamless, automated way to reconcile payments, bills and invoices” with a company’s accounting system, the release stated.

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Ronika Khanna CPA,CA

JUNE 23, 2023

A bad debt, in accounting terms, refers to an amount charged to a customer that is never paid. In accounting parlance this is referred to as an Allowance for Doubtful Accounts (somewhat self explanatory) or AFDA. Periodically review your accounts receivable and specifically identify which amounts due might not be collectible.

quickbooks 52

quickbooks Account accountant accounted 52

Shay CPA

APRIL 3, 2024

With that in mind, our team of expert tech startup bookkeepers and accountants put our heads together. GAAP stands for Generally Accepted Accounting Principles. These guidelines come from two trusted sources: the Governmental Accounting Standards Board (GASB) and the Financial Accounting Standards Board (FASB).

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LSLCPAs

JANUARY 11, 2022

By connecting with the internet in the Cloud, QuickBooks Online keeps you instantly and continuously aware of every aspect of your business’s accounting. The post Benefits of Transitioning to QuickBooks Online (QBO) from QuickBooks Desktop (QBD) appeared first on LSL CPAs.

quickbooks 52

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xendoo

AUGUST 16, 2021

From choosing an accounting method to managing transactions to setting up payroll, bookkeeping can be an extremely confusing and time-consuming process! That’s why many business owners decide to get bookkeeping help, whether they use a form of online bookkeeping software or hire an accountant. . What Is Accounting Software?

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Snyder

AUGUST 31, 2022

Businesses may want to have customer data in QuickBooks for many reasons. However, recording customer data in QuickBooks can sometimes be time-consuming and, if done manually, bears a risk of errors and inconsistencies that may later negatively affect the management of transactions and corrupt accounting reports.

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quickbooks E-commerce Sales Account 52

SchoolofBookkeeping

FEBRUARY 7, 2024

You can set up a deposit or retainer process for your company in QuickBooks Online. Create a liability account First, you need to create a liability account to track the amount of the retainers you receive from your customers. Select Settings ⚙, then select Chart of accounts. Select New. dropdown list. Select New.

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PYMNTS

JULY 29, 2020

With Intuit ‘s QuickBooks Cash, a new business bank account feature, small- to medium-sized business (SMB) owners will have an easier time managing finances, the company said in a press release. QuickBooks Cash will offer a 1 percent interest rate, higher than the usual rate of.04

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CPA Practice

AUGUST 17, 2023

With the rise of generative artificial intelligence (AI), including ChatGPT, the accounting industry, like many others, is abuzz with talk about how the technology will redefine the future of the profession. With real-time insights, accountants can create more accurate reporting and provide enhanced customer experiences with faster service.

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Going Concern

OCTOBER 20, 2023

Footnotes is a collection of stories from around the accounting profession curated by actual humans and published every Friday at 5pm Eastern. Early-career hires are set to account for the majority of job losses in some teams, as Deloitte retrenches following a slowdown in demand. Welsh said.

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Ronika Khanna CPA,CA

MARCH 5, 2024

There are essentially two ways to file your GST/HST online: CRA My Business Account Online Business Banking In this post, I will be reviewing how to do it via CRA My Business Account. If you have more complex transactions, that I don’t discuss here and you are not sure, I recommend speaking to an accountant. Click on this.

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Basis 365

MARCH 6, 2023

If so, consider outsourcing your accounting tasks. In this article, we'll explore the benefits of outsourcing accounting, including outsourced bookkeeping and outsourcing to an accountant. Access to Expertise One of the most significant benefits of outsourcing your accounting tasks is access to expertise.

tax preparation 101

tax preparation Account accountant accounted 101

xendoo

MARCH 4, 2022

Many ecommerce owners understand the importance of making sales, but do you know how to record ecommerce sales for your accounting system? No matter if you sell products online through Amazon, Shopify, BigCommerce, Walmart, or Etsy, you’ll need an accounting system to manage finances. What is accounting for ecommerce?

Sales 105

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Basis 365

SEPTEMBER 14, 2022

These four accounting tips will increase your consulting company's profitability. QuickBooks Time for time tracking We recommend QuickBooksTime as a time-tracking tool to help you run a more profitable consulting company. QuickBooks Time offers both a desktop timesheet app and a mobile version.

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PYMNTS

JULY 30, 2020

Corporate spend management company Center unveiled a Mastercard -powered Center® Corporate Credit Card and a QuickBooks Online Connector on Thursday (July 30). The firm said the new functions will let finance departments bolster accounting accuracy, receive working capital, and accelerate expense deployments, according to an announcement.

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