2018 has begun. Does your accounting to-do list look like a clean slate, or are critical 2017 tasks still nagging?
Have you ever found yourself scrambling for more time? Racing against the clock to meet a specific deadline? I know I have, and I’m sure some of our readers have as well. Thankfully for those of us who may not be the best at time management, or have trouble focusing, the world of productivity applications is full of useful utilities to counter these daily real world problems.
Your customers are your company’s lifeblood. Are you managing those relationships carefully? Here’s how QuickBooks Online can help.
Don’t forget to book your year-end review! As we come to the end of yet another fiscal year, and approach the start of a new tax season, ebs Associates is recommending that our clients take time to schedule a year-end review with their ebs Financial Controller. Depending on your needs, this review can be done over the phone, via email or in person.
Washington businessman Mark Standley was recently sentenced to six years in prison for one of the largest sales tax thefts in Washington state history. As the owner of a drywall company, Standley drastically under-reported the amount of sales tax collected from customers over a six year time period.
According to court documents, he only paid the Department of Revenue (DOR) $3,000 of the $855,000 tax owed. To make matters worse, Standley refused to pay workers’ compensation premiums for his employees.
Downloading transactions into QuickBooks Online is the easy part. You still have work to do once they’re on board.
We can’t emphasize this enough: QuickBooks’ Reminders can prevent countless problems with your finances. How do you know when it’s time to pay a bill or follow up on overdue customer payments or print payroll checks? If you’re still using a paper calendar and sticky notes and file folders, there’s a good chance you’re missing some important deadlines on occasion. Manual methods aren’t effective enough when you’re dealing with your business finances. You might experience:
The following clip is just a small section from our recent webinar – QuickBooks 2018 the Inside Scoop, detailing the new cash and accrual toggles within reports, hosted by Denise Loter-Koch and presented by Kyle Robles!
Making regular backups of your QuickBooks company file and related files is very important. Preparing a backup plan and making sure it is being followed regularly is essential for protecting your valuable data.
Making regular backups of your QuickBooks company file and related files is very important. Preparing a backup plan and making sure it is being followed regularly is essential for protecting your valuable data. You need a disaster recovery plan. How long it would take to recreate your company file if it was...
The following clip is just a small section from our recent webinar – Go Live with QuickBooks Advanced inventory, detailing the new copy and paste lines within transactions, presented by Kyle Robles!
Sales tax is one of the more complicated concepts supported by QuickBooks Online.
It’s important to maintain good relationships with your vendors and suppliers. QuickBooks helps you track your interaction with them.
Do I need to pay quarterly taxes? If your employer withholds money each week from your paycheck, then you likely don’t have to think about making quarterly tax payments. However, for those of us who are self-employed or receive income in the form of interests, dividends, rent, alimony, gains from the sale of assets, prizes or awards, it may be necessary to make quarterly estimated tax payments to the IRS.
Invoices not being paid promptly? Customers questioning their payment history? Create statements.
Let’s say you have a regular customer who used to pay on time, but he’s been hit-and-miss lately. How do you get him caught up?
Or, one of your customers thinks she’s paid you more than she owes. How do you straighten out this account?