Beginning on January 1, 2018 employers must pay eligible employees paid sick leave. In a nutshell, qualifying employees must earn one hour of sick leave for every 40 hours they work which they can use after 90 days of employment. Employees who are not eligible are: doctors, lawyers, and dentists ‘who are employed in their…
Have you converted to QuickBooks 2018 from an older version and are now finding it ‘stalls out’ when you try to reconcile and print a file? Are you experiencing other glitches? You’re not alone. It may be that you’re not re-booting your system regularly enough and/or there’s a memory issue. RAM or Random Access Memory…
Digital Marketing Tools – A recent research study conducted by Deloitte revealed online digital tools like optimized websites, data analytics and online marketing do improve small business expansion and promote growth in ‘today’s economy’. The study identified lead generation, business growth and ultimately job creation were all ‘key ways’ small businesses were impacted by employing…
Broken up into three sections – Improving Workflow, Tracking Sales and Digital Marketing, “Optimize your Business, Maximize your Technology” is a fast-paced, half-day seminar that will provide attendees with tangible tools they can implement immediately to improve their own businesses. Presented by Interpreting Technology and ProFound Impact, speakers will share their insight about tracking sales…
Nothing is worse than mustering up the courage to make a ‘cold call’ and hearing proverbial crickets. Gulp! Well there’s good news for those of us who dread even the thought of this scenario, generally cold calls are not the best way to generate new sales leads. At least not right away. A more productive…
If you’re using QuickBooks Online (QBO) and have subscribed for payroll, you may be having trouble reconciling your payroll fees. They are not automatically recorded in the online version of QuickBooks. You will have to manually record them. (Note: we recommend you consult with an accounting professional how to best record your payroll fees.) If…
The chart of accounts is how you know how much money your company has, what it owes, what monies are coming in as well as going out. Conveniently, QuickBooks comes with a chart of account ‘built-in’ in either standard or industry specific accounts. Common things to add to their ‘pre-populated’ list are things like company…
PFI Coach QuickBooks TIP: Connect your bank accounts to QuickBooks. Once connected your daily transactions get downloaded automatically into QuickBooks each night. Categorizing them throughout the month makes reconciling much simpler. While reconciling or ‘matching’ your bank statement with your expenses listed in ‘Checks and Payments’, make sure you only check the box on the…
Very often small business owners try to categorize their personal expenses in their business but they aren’t expenses of the business. In fact the best recommended practice is to create an owner’s draw. Here’s how: 1) Create each owner or partner as a Vendor/Supplier: From Dashboard: Expenses > Vendors/Suppliers > Choose New Enter and save…
If you’re a small business owner, often times accounting or bookkeeping isn’t always your area of expertise. As such, tracking all the money coming in and out of the business can get tricky. One common question is how do you categorize personal expenses in QuickBooks? Actually, you don’t. The business doesn’t have ‘personal expenses’. Creating…
