Our
Resources

Efficient financial management is a cornerstone of any successful business. QuickBooks, with its comprehensive accounting features, has become the go-to software for small to medium-sized businesses. However, using QuickBooks as a standalone tool can limit its potential. Integrating it with other platforms and software can elevate its functionality, streamline your financial processes, and save you...

As the year draws to a close, businesses of all sizes face the critical task of preparing for year-end accounting. For many, this can be an overwhelming process, but by breaking down the steps and having a clear roadmap, you can turn year-end accounting from a daunting obligation into a manageable process. This guide will...

For many business owners, keeping up with bookkeeping can be challenging, especially when day-to-day operations and client needs come first. Yet, neglecting your financial records can lead to missed opportunities, compliance issues, and hindered growth. That’s where catch-up bookkeeping steps in—a systematic approach to updating all your financial records, ensuring they’re accurate, complete, and ready...

At Out of the Box Technology, we understand that every business, regardless of size or industry, requires strategic financial guidance to thrive. Our Fractional CFO services offer expert financial leadership without the full-time cost, providing the financial expertise and support your small business needs to grow and succeed. Ready, Set, CFO - Contact Us  ...

Understanding bookkeeping is vital for every business owner, not only to ensure financial compliance but also to make smarter decisions and maximize profits. Bookkeeping doesn’t have to be intimidating; familiarizing yourself with key terms and concepts can make a world of difference. Here’s a breakdown of essential bookkeeping terms and why they matter to your...

Bookkeeping is at the heart of every successful business. It keeps your finances organized and ensures you’re meeting your goals. But bookkeeping isn’t just about keeping records—it’s about understanding those records. This is where custom bookkeeping reports come in handy. They allow you to tailor the data to match your specific business needs. Instead of...

Introduction Let’s face it – keeping tabs on your inventory can feel like a juggling act. Every small business or retailer knows that managing stock isn’t just about counting items on shelves. It’s about bookkeeping accuracy and ensuring that the financial books reflect real-world inventory. However, discrepancies between what’s recorded and what’s actually available in...

Every business owner dreams of hitting the sweet spot where revenues comfortably exceed expenses. But to get there, you need a clear understanding of what it takes to reach profitability. Enter the break-even sales formula—a tool that helps you pinpoint the sales volume needed to cover your costs. Whether you’re running a startup or an...

Payroll compliance at year-end is essential for businesses of all sizes. It ensures accurate tax filings, helps avoid penalties, and keeps businesses in line with federal and state regulations. This comprehensive guide covers the key steps and compliance issues that businesses should focus on when preparing payroll for year-end reporting. 1. Importance of Year-End Payroll...

Year End Accounting Checklist: How To Close the Fiscal Year Year end is here, and it’s time to get your QuickBooks year end accounting checklist ready! While it may seem like it came out of nowhere, it’s important to be prepared. Many businesses find themselves overwhelmed with financial tasks and time management when closing the…

Introduction The end of the year is an exciting time—wrapping up projects, reflecting on achievements, and making plans for the future. But it’s also a crucial period for bookkeeping and financial management. Preparing your business finances for year-end ensures you’re not scrambling when tax season rolls around, giving you a chance to organize everything and...

When it comes to running a business, every penny counts—especially in industries like construction, consulting, or manufacturing. Knowing exactly how much you spend and earn on each project is crucial to managing costs and improving your bottom line. That’s where job costing comes in. And when you combine job costing with QuickBooks, managing your project...