Many business owners think that QuickBooks Hosting and QuickBooks Online are the same software solutions. However, that’s not true… Intuit offers QuickBooks on the cloud in two basic configurations: i) QuickBooks Hosting and ii) QuickBooks Online. Learn the difference between QuickBooks Online vs. QuickBooks Hosting below. QuickBooks Hosting QuickBooks Hosting is essentially the QuickBooks software […]
Let’s start at the beginning: What is bookkeeping? Simply put, bookkeeping is the process of recording, storing, and organizing a business’s financial transactions. Why exactly is bookkeeping crucial anyway? Let’s discuss the importance of bookkeeping for small businesses. Bookkeeping Helps With Budgeting First and foremost, bookkeeping is important because it helps you with budgeting. It […]
There’s a lot that can go wrong with a business’s everyday functions—especially with regard to bookkeeping. Most financial discrepancies occur because of the methods used by your company for accounting purposes. Some of these bad bookkeeping methods include: Here are some areas that get affected if your poor bookkeeping practices are not up to the mark: Purchases […]
An invoice is a lot more than a piece of paper that states a billing amount. From the consumer perspective, it’s evidence of a transaction that lists items that were bought, along with the total sum of the payment. From a business owner’s perspective, an invoice is a record or sale that’s an invaluable tool […]
Whether you’re the owner of a newly initiated startup or an accountant for a medium-scale enterprise, you’re missing out on a lot if you’ve never heard of QuickBooks. It might just be the most essential investment for your SME, contributing to your business’s profitability. In a nutshell, QuickBooks is accounting software that’s specially designed for […]
Have you ever asked yourself, “Which version of QuickBooks do I need?” Over the last few years, manual accounting has taken a back seat, and accounting software has been gaining momentum. Accounting software doesn’t just help you automate your financial processes; it also lets your business save up on a multitude of costs. In the […]
