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Manage credit card QBO

How do I manage credit cards in QBO?

Your team can be spread out over multiple job sites when working in construction and trades. It’s common practice to give employees access to business credit cards for purchasing materials or paying one-off expenses. It may seem convenient – until it’s time to process those expenses in your accounting. Capturing receipts and managing multiple cardholders […]

Should I use Amazon Business?

Should I use Amazon Business?

You make dozens of purchases from Amazon for your business. But tracking and organizing those purchases is often a challenge. After all, you can purchase almost anything from Amazon! You know there must be a better way to manage your Amazon purchases. Amazon offers a Business Edition. What is Amazon Business? Is it a better […]

How do I track projects in QBO house

How do I track projects in QBO?

You are running multiple jobs simultaneously in your construction business. You want to: Organize and track costs by project Bill reimbursements to your customers with ease Ensure you are charging enough for your services But project management software seems complicated to learn and expensive to purchase. Did you know that you can track projects in […]

What is a suspense account

What is a suspense account?

Have you ever noticed that some transactions in your books are being categorized to a suspense account? Suspense accounts can be confusing. You may have questions such as: What is the purpose of this account? When do you use it? Why does it have a balance? We will discuss each of these questions one at […]

accept bank transactions

How do I accept bank transactions in QBO?

You may be new to using automatic bank feeds in QuickBooks Online (QBO). Is accepting transactions in QBO any better than how you manage your books now? Absolutely! In this article, we discuss how to navigate bank feeds through the Banking dashboard and how to accept transactions into your books. We will also share why […]

What are journal entries

What are journal entries?

Understanding journal entries can be confusing. Your accountant or bookkeeper has probably let you know that these are essential for your accounting. Why do you need journal entries? What are the components of a journal entry? When would you use a journal entry? We will discuss these questions and provide examples of when journal entries […]

communicating bookkeeper telephone can

How can I communicate better with my bookkeeper?

Do you ever feel like your bookkeeper is speaking another language? Or maybe it feels like they have an endless amount of questions. What do they even do while working on your books? If this situation sounds familiar, this article will assist you to find better ways to communicate with your bookkeeper and understand just […]

How Can I Save for Taxes?

You had your business taxes prepared and you learned that you owe business taxes. You feel stressed about paying your taxes on time but know that you will find a way to pay them one way or another. One thing you know for sure is that you do not want to feel this way next […]

accounting terms

Which accounting terms do I need to know?

If you own a business, understanding accounting terms is not likely at the top of your list. It’s understandable; you may be juggling several responsibilities at once or simply do not have the time. Besides, if you pay an accountant or bookkeeper to manage your books, why do you need to know this stuff? A […]

What are the challenges when you outsource your accounting?

What are the challenges when you outsource your accounting?

It’s not possible to give every element of your construction business the time and attention it deserves. You’ve been trying to handle your finances on your own but it’s become overwhelming and you’re not even sure you’re doing everything right. Wouldn’t you rather devote all your energy to things you excel at and actually enjoy? […]

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