Author Archives: Jessica Berkley

How do I reconcile my bank accounts in QBO?

In the past, we have shared the importance of reconciling your bank accounts.  At this point, you know you should do them. However, if you are a Quickbooks Online (QBO) user, running a bank reconciliation seems time-consuming and overwhelming. How do you reconcile your bank account in QBO? While it is true that reconciling your bank […]

How do I close my books in QuickBooks Online?

How do I close dates in QuickBooks Online?

You are ready to provide your books to your tax professional and have your business tax returns prepared.  You want to know what you need to do in your QuickBooks (QBO) file to finalize the year. It is important to review your data for the year for accuracy.  But there is another step that you […]

QBO QuickTips: The QBO Dashboard

Garden The QBO Dashboard

You’re totally overwhelmed by QuickBooks Online (QBO). But guess what? You’re already doing the right thing. Asking questions about how to use it means you’ve made the good decision to move to cloud accounting. In this and coming articles, we will be discussing some of our favorite features in QBO and share some helpful tips […]

Four Steps to Increase Your Revenue

steps uphill four step to increase your revenue

Many business owners are anxious about the future. In previous articles, we discussed how cash flow management can help you take control of the cash during a crisis. However, how do you take control of your revenue? In this article, we discuss four steps you can take right now to increase your revenue.  1. Know […]

Forecast for Success

compass forecast for success

You work hard and your business is stable and growing, but in these uncertain times, it feels like no business is safe. Forecasting helps alleviate anxieties about the future security of your business. Our founder, Cindy Hovig, recently gave an interview on forecasting and how small business owners can benefit. Understanding Forecasting Jess: What exactly is forecasting?  […]

Success with PPP: Setting up your PPP Loan

darts Setting up your PPP loan

Congratulations, you got a Paycheck Protection Program (PPP) loan!  As you have probably heard, not all small businesses have had success applying for or getting approval for this type of economic relief.  So take a moment to enjoy the fact that you did receive funding. Now that you have received your funding, what is the […]

What is the Employee Retention Credit?

umbrella Employee Retention Credit

In a previous blog, we outlined a provision from the IRS to offer employers Payroll Tax Deferments as part of the Coronavirus Aid, Relief and Economic Security Act (CARES Act). Another recent provision made available through the IRS is the Employee Retention Credit. Here we will discuss the particulars on this type of relief. What […]

Working from home: How will it all work?

clock cogs working from home

This is the third part of our Working from home series.  In Where should you start?, we discussed how to quickly form a plan to transition your team to remote work, focusing on the needs that have the highest priority. In Which apps should you use?, we provided you with a shortlist of tools that […]

Prepare for Year-end: Know Your Deadlines

Updated April 27, 2020 “I love deadlines. I like the whooshing sound they make as they fly by.”  – Douglas Adams I have to agree with my good pal Doug here – keeping track of deadlines is hard! For some business owners, it’s a full-time job. You have project deadlines for customers, payroll deadlines for […]