Apr 30, 2022 | Bookkeeping, Productivity Tools, Quickbooks Online, Small Business
If a client’s invoice is always the same amount every month/week/year, you can set up recurring invoices that will automatically be sent to your client. This will save you a lot of time so you don’t have to recreate the same invoice each time. If you have...
Apr 1, 2022 | Bookkeeping, Quickbooks Online, Small Business
For each sale you make either a sales invoice or sales receipt should be created. A sales invoice or sales receipt tracks your income and HST so this is vital information that affects your financial statements. You do not need to create both, it’s one or the...
Feb 11, 2022 | Bookkeeping, Financial Reports, Small Business
A balance sheet summarizes a company’s assets, liabilities and equity at a specific point in time. Think of it as a snapshot of what your business is worth on a specific date. A balance sheet is organized into 3 main sections: Assets (what your business...
Feb 4, 2022 | Bookkeeping, Personal Finance, Small Business
As a business owner, it’s important to keep your personal and business banking transactions separate. There are numerous reasons why business owners should open a business bank account: Accounting & Bookkeeping Your monthly bookkeeping will be easier to...
Jan 21, 2022 | Bookkeeping, Quickbooks Online
See how easily you can track your business mileage using the QuickBooks mobile app. The app can automatically track your mileage using your phone’s GPS, allows tracking for multiple vehicles, and easily categorizes between business and personal mileage. ...
Oct 1, 2021 | Bookkeeping, Quickbooks Online
So you’ve got a pile of receipts and not sure what to do with them. We suggest using the Receipt Capture feature in QBO to save them all in one central place. This super easy feature lets you take a photo of the receipt to upload to QuickBooks Online. There are...
