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Beyond Balanced Books Blog

orange car Business vehicle expenses

How do I track my business vehicle expenses?

You know that tracking your business vehicle expenses is important. But you have questions. Can I use my personal vehicle for business? What types of vehicle expenses should I track? Should I track mileage or actual expenses? We hear these types of questions often. In this article, we provide some answers and discuss some tips […]

coblestone bridge outsource payroll

Is it time to outsource my payroll?

You love having a team. When it comes time to pay them, it’s another story. Let’s face it – doing payroll is not fun. Cutting paychecks, paying federal and state payroll taxes, preparing and filing employment tax returns, managing benefits…it’s a dizzying array of tasks to keep track of! You may be wondering, is it […]

girl on path specific goal

How to Set Specific Goals and Achieve Them

As a business owner, you may feel that your business runs you rather than you run your business. You want to change your approach so that things are different in the future. Setting a specific goal and making a plan to achieve that goal can make it so things will be different in the future. […]

field differences between qbd and qbo

What are the differences between QuickBooks Desktop and Online?

You have been using QuickBooks Desktop. You feel comfortable with the features and the program has worked well for your needs. But your life has changed and you would like more flexibility with your accounting. Should you switch to QuickBooks Online? Are the two products the same? Are there differences between QuickBooks Desktop and Online? […]

bricks Apps that work with QBO

Three Apps that work well with QBO

You know that QuickBooks Online (QBO) offers several tools right within the software. You can retrieve bank feeds, track expenses, and even run payroll. However, you may find using these tools in QBO to be too complicated. You want to automate your accounting, but you want it to be simple. The good news is that […]

App Spotlight: Dext

You have lots of receipts and you want a digital solution that allows you to track all of your expenses in one place. You also want the solution to communicate with your accounting software. In this App Spotlight, we discuss why Dext is the expense management solution for you! What is Dext? Dext (formerly known […]

waterfalls multiple companies

I own multiple companies – What should I know?

If you own more than one company, you want to keep your accounting records clean. You likely have transactions that affect two or more companies, but you are unsure of how to enter them correctly. Many of our clients run two or more companies. If you are in this situation, what should you know about handling […]

Old ledger Unapplied cash payments in QBO

What are Unapplied Cash Payments in QBO?

You are using QuickBooks Online (QBO) and you have prepared a report in cash basis. You have noticed two strange lines on your Profit & Loss report. These are the Unapplied Cash Payment Income and Unapplied Cash Bill Payment Expense accounts. You may have wondered why Unapplied Cash Payments in QBO appear on your cash […]

door fixed asset or an expense

When is a purchase a fixed asset or an expense?

You are thinking about making a major purchase for your business. You do not know if your purchase should be recorded as a fixed asset or an expense. And you are uncertain how to enter the purchase in your books. Your understanding of the criteria to look at and the potential tax implications will help […]

My QBO bank feed is wrong. How do I fix it?

If you are a QuickBooks Online (QBO) user, then you are most likely familiar with bank feeds. Bank feeds are a great feature, but they can be troublesome at times. If your bank feed is wrong, how can you fix it? We list some common questions that can help you determine the source of the […]

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