Saving QuickBooks clients from themselves: Set up Draw as an Other Expense

Do you work with a Sole Proprietor or S-Corp? Has your client ever been confused by having to pay taxes on a large profit, when there is no money in the bank? Sometimes we have to help save clients from themselves.

QuickBooks at tax time: Cleaning up your client's QuickBooks data

Though QuickBooks is very easy to use, our clients often create numerous setup and data entry errors that we have to troubleshoot. This troubleshooting often coincides with tax time.

Banking payroll hours: The ATM approach for QuickBooks

Employers will occasionally allow employees to bank extra hours worked and will then pay the banked hours at a later date. For QuickBooks payroll users, there is a simple workaround that can address the issue of tracking banked hours.

Intuit introduces hosting program for QuickBooks

As of this month, Intuit is offering its hosting program to CPAs who are looking for ways to grow their businesses while delivering improved service, access, and ease of use to their clients.

Why your client's sales amounts in QuickBooks are probably wrong

Ideally, all revenue should affect both an Item and an Income account in QuickBooks. When this doesn't happen, it is important for you to quickly locate the offending transactions and make any necessary adjustments.

QuickBooks benefits can be found up in a cloud

The term Cloud Computing most frequently is used as another way to refer to outsourced information technology management, in which the servers, applications, and data are located and managed at a location other than your own – usually by a commercial service provider.

Making the case: Renting access to QuickBooks

Running business applications online was once considered a fad, but has now become a mainstream approach to implementing technology.

Your QuickBooks survival kit for year-end tasks

When most people are winding down the year, our work just begins as we start ramping up for busy season. There are ways to make your life and your client's experience a whole lot better at year end.

QuickBooks Seminar System helps QuickBooks instructors build successful training businesses

The Sleeter Group has announced the general availability of the QuickBooks Seminar System, a complete, turn-key system that empowers accountants and consultants to teach QuickBooks in classrooms and industry settings without much preparation.

Sleeter Group publishes new Consultant's Reference Guide for 2010

For years, The Sleeter Group’s extensive QuickBooks Consultant's Reference Guide has been the industry standard for consultant-level reference material. The 2010 edition has just been released.

Lesser-known QuickBooks shortcuts

I admit it — I like to save time. When I find a shortcut, it makes me happy. QuickBooks accounting software has all these neat little features hiding under the hood. I am sharing some of the niftiest shortcuts I've found so far. These are shortcuts you can show your clients.

Intuit Academy: Cleaning up at year-end with the QuickBooks Client Data Review

CDR can help reduce non-billable time. Becoming more productive and efficient can streamline your quarterly reviews and/or year-end procedures to meet deadlines in a more timely fashion. Your clients can benefit from these improvements resulting in an increase in client satisfaction, referrals, and profitability.Download this course from the Intuit Academy today:Save up to Four Hours from QuickBooksClean-up Utilizing Intuit’s Client Data Review

QuickBooks Tip: Tying the Profit and Loss to the Profit and Loss by Job

The Profit & Loss by Job report shows all of the income and expenses you have assigned to Jobs on Checks, Bills, Invoices, Journal Entries, etc. However, the totals on the Profit & Loss by Job report may not agree to the totals on the Profit & Loss.

Intuit challenge offers $1,000 for QuickBooks users

Intuit, the maker of financial software products including QuickBooks and Quicken, has launched the Client Data Review Challenge, a sweepstakes that gives QuickBooks Premier Accountant 2009 and 2010 users the chance to win $1,000 simply by using Client Data Review.
Practice Development

Increase billings (and value) for existing QuickBooks clients

There is a new technology available that brings the local accounting professionals back into the game, especially when offering QuickBooks training to their own clients.

New and enhanced features in QuickBooks 2010

As with any new version the value proposition for upgrading is very high for accounting professionals. In my opinion the enhancements to the Client Data Review feature alone more than justify the investment in the new version for any accounting professional.

U.S. DOL revises certified payroll reporting requirements for Form WH-347

By Nancy SmythEffective January 18, 2009 Prime/General contractors and subcontractors who perform work on federally funded construction projects are no longer required to display the home address and social security numbers of employees on the certified payroll report form WH-347 that they submit. Instead you are now required to display the employee's full name and the last 4-digits of his/her social security number as follows XXX-XX-1234.

Break-even point: 5 easy steps to understand pricing and ensure profitability

By Pam NewmanHow many units (products or hours of service) do you have to provide to cover your costs? Don't know? Well, then it is about time to find out! Follow these 5 Easy Steps to Understanding Your Break-Even Point! It's the key to determining your pricing and profitability!First of all, you need to know your selling price and the direct costs of the product/service you provide per unit.
AccountingWEB Life

Social media strategies to build a QuickBooks practice

By Diana DiBello and Scott H. Cytron, ABCRemember the old story about getting that "first" job? The feedback went something like this: "Without experience, we can't hire you. However, you have no experience, so we can't hire you."

Repairing corrupted data files in QuickBooks

By Joe Woodard, AccountingWEB QuickBooks columnistIntroductionIn my opinion QuickBooks is as "bug" free as any product on the market and is much less troublesome than most applications. Intuit has an incredible beta testing process before each new version and the company issues releases periodically throughout the year as users report issues and the programmers resolve those issues.


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