Managing retirement benefits for your employees is a big responsibility. Still, it can also be a great way to attract and keep top talent, and it helps your team build a secure financial future. Here are some straightforward tips to help you manage your retirement solutions effectively and make it a win-win for everyone. Know […]
Author Archives: Cindy Hovig
You have been doing the reconciliations in your accounting software but do not know if they are accurate. You do them because you have always heard that doing the bank reconciliations for your business accounts is important. What is the purpose of reconciling your accounts? What should you look at when you are reconciling? How […]
Financial reports are essential for understanding your business’ financial health. However, verifying their accuracy is critical to make informed decisions. Accurate reports at year end are incredibly useful to your tax accountant as well. Your financials can help them build a basis for an effective tax strategy throughout the year. In this article, we will […]
You just received your business tax return. You are distressed because you owe taxes. Every year tax time is stressful because you are scrambling to come up with the money for the taxes owed. You promised yourself this would not happen again, but you do not know how to change things. Let’s discuss the positive […]
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 […]
You want to convert from QuickBooks Desktop to QuickBooks Online (QBO). You don’t know if you should convert your existing data or start with a new file in QBO. What should you consider before you make the switch? Since we are familiar with both Quickbooks Desktop and QBO, we have helped many of our clients […]
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. […]
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? […]
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 […]
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 […]