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QuickBooks Desktop

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QuickBooks 2021 Discontinuation May 31st – How This Affects You

The QuickBooks 2021 Discontinuation is near! For many seasoned users, we know it is that time of the year. For those of you who have just started using QuickBooks Desktop, you may be wondering what this means to you, especially if you are using version 21 or earlier.

Put simply: anyone who is still using version any QuickBooks Desktop version 2021 or earlier will lose access to important add-ons, or “connection-required” features, on May 31, 2024. Also, any live support for any inquiries or troubleshooting involving QuickBooks Desktop 2021 or earlier will no longer be available. What does this entail exactly? Read on to learn precisely what services and apps are affected; and how the discontinuation itself affects your support experience.

25 Essential Financial Safeguards Every Small Business Must Know

Growing businesses already face a myriad of challenges, and recent data adds another concern: According to the Association of Certified Fraud Examiners (ACFE), in the past few years, small enterprises with less than 100 employees have suffered greater financial losses due to fraud compared to large corporations with over 10,000 employees. The primary culprits? Many smaller companies lack adequate internal controls against fraud and often cannot override existing measures, leaving them vulnerable.

It may seem straightforward to rectify, but for a small business owner juggling numerous responsibilities and a never-ending list of tasks, it’s not so simple. The same goes for businesses with limited accounting manpower where proper financial oversight might be absent. Even an unintentional accounting error can result in substantial financial setbacks, from which some small businesses might not bounce back.

Although no set of controls can wholly prevent fraud or accounting mistakes, the 25 essential financial controls highlighted below can bolster small businesses’ defenses.

10 Cash Flow Metrics and KPIs

Gaining a solid grasp of cash flow is fundamental to ensuring the long-term sustainability of your business finances. Cash flow represents the inflow and outflow of money within your company over a specified period. When the money coming in exceeds the money going out, you enjoy a positive cash flow, signifying a robust financial state. However, delving into the intricacies of cash flow calculations and comprehending cash flow metrics and key performance indicators (KPIs) can be instrumental in guaranteeing you have sufficient funds to cover expenses and facilitate business growth.

10 Benefits of Using the Cloud in Bookkeeping

If your company still uses desktop software or spreadsheets for bookkeeping, it may be time to consider upgrading to a cloud-based accounting system. Cloud-based software offers many benefits over on-premises solutions, including allowing users to work from anywhere, at any time, automation of time-consuming manual processes, improves accuracy and compliance and the ability to accelerate financial close processes with less effort.

Depending on the software, companies can gain additional benefits. Read on to discover the 10 reasons.

The top 10 QuickBooks Online apps for your small business

Unleash the power of QuickBooks® Online to supercharge your business operations. With a plethora of robust applications and add-ons at your fingertips, your workflow automation, bookkeeping, invoicing, and data entry tasks transform into a seamless, fluid process. QuickBooks integrations are so intuitive, they’re designed to help your small to medium-sized business glide effortlessly on the path to success.

For our QuickBooks Online Advanced users, we’ve curated a phenomenal suite of Premium Apps that grant you the keys to your financial kingdom—all in one convenient place. Wave goodbye to the days of manually crunching numbers for hours on end. Instead, welcome a new era where these powerful integrations boost productivity, making QuickBooks the ultimate compass guiding your financial and business decisions. A world where your financial truth is centralized, accessible, and reliable—that’s the QuickBooks promise.

Navigating the labyrinth of hundreds of apps and add-ons in the QuickBooks App Store can feel like a daunting task. But worry not! We’ve embarked on this digital expedition on your behalf and emerged with a treasure trove of the absolute best QuickBooks apps and add-ons primed to scale along with your business.

Feast your eyes on the QuickBooks Online Advanced – a suite of Premium Apps, and an assortment of other remarkable gems from our QuickBooks App Store. These tech-savvies transform tedious tasks like bookkeeping, accounting, payroll, and other financial operations into a walk in the park. Dive in and discover the perfect digital ally for your business!

Merchants Payments Guide 2023

Many businesses understand the vital role that online transactions play in growing their business. Yet, the mechanics of online payment processing can still spur questions.

Understanding the intricacies of credit card payment processing has become increasingly essential, as is selecting a fitting merchant or processor that aligns with their specific business requirements.

In the subsequent sections, we’ll delve into all the key information related to online payment processing.

10 Steps to Get Started with QuickBooks Online

As a small business owner, you’re probably familiar with QuickBooks Online, the intelligent accounting software designed to manage everything from tax filings to payroll. But if you’re just getting started with QuickBooks, or if you’ve recently transitioned from the QuickBooks desktop version, you might be seeking guidance on how to navigate this tool.

Fear not – this straightforward guide has got you covered. It offers all the support a new QuickBooks user requires. Eager to learn how QuickBooks Online functions? Let’s dive in with ten simple steps.

Payroll Expenses Guide for Small Businesses 2023

Small business owners are quite familiar with the various expenses they have to manage, be it for rent, equipment, or office supplies. Moreover, each additional employee can lead to a rise in your payroll costs. But what precisely constitutes payroll expenses, and when do these costs occur?

Explore this guide on payroll expenses for small businesses to understand these questions better, learn how to determine your overall payroll costs, and get to know how to record them as journal entries.

5 Key Benefits of Using Services from an Outsourced Accounting Firm

As a small business owner that is growing, you are probably finding yourself answering the question, “Why should my business outsource its accounting services?” The topic has gained considerable traction, as an increasing number of companies realize the value of outsourced accounting. But beyond the simple convenience of not dealing with the books yourself, the benefits are far-reaching and often transformative. In this post, we’ill delve into the top 5 advantages of using recurring accounting services from an outsourced accounting firm.

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