Category: QuickBooks Tips

Reconciling Payroll Fees in QuickBooks Online (QBO)

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…

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Where does all the money go?

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…

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QuickBooks Tip:  Reconciling Accounts

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…

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QuickBooks Tip: Categorizing Personal Expenses

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…

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QuickBooks Basics (Free Business Workshop)

Is QuickBooks Working for YOU? Join this informal, round-table style small group discussion and bring your QuickBooks questions.  QuickBooks: The Basics will provide an overview of QuickBooks programs (I.e. QuickBooks Online, Premier, Pro, and Enterprise), the chart of accounts, popular reports and how business owners might best use its tools to benefit their own business….

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Family Business Consulting Services

Family Business / QuickBooks Consulting * Special Offer * $100 OFF First Family Meeting Are you a Family Operated Business? Then this Special Offer is for YOU! (Expires: 6/30/17) Veteran business coach, Chris McGee has over 25 years of proven experience with family business coaching. He teaches family members how to understand business reports and how…

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Expenses in QuickBooks – Does your business needs a ‘Well Check’?

(Video 2:40 min)  QuickBooks has terrific categorizing features created so users can get a snapshot view of their business’ overall ‘health’ by easily comparing expenses with income. (Related Article: “Say Cheese”- Company Snapshot in QuickBooks).  View them as a percentage to get a clearer picture of where the money is going. Here’s an Intuit tutorial…

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