Your Back Office Is Just Around The Corner!
You have enough to worry about- what with Marketing, Advertising, Sales, Customer/Client Service, Research & Development (R&D), Administration and of course, Finance. Where do you begin? A good task/project management software is first and foremost. This will help you manage all of the above. Your marketing should be treated as a project and added as [...]
I’ve worked with a lot of companies who have experienced employee theft. Most, if not all, of the time the crime is committed by their “so called” in-house bookkeeper. Someone they hired as an employee to maintain their books with only administrative experience. A lot of business owners try to save money in paying administrative [...]
This can be hard for some owners to understand. Below are 11 Skills that differentiate an excellent Bookkeeper from Administrative staff: We love, live, and breathe numbers (they come easy to us) We are accounting software savvy, therefore, do not need training. We keep up with IRS laws and requirements. We know what the CPA’s/Enrolled [...]
For those of you who prefer to maintain your own QuickBooks file. You may find these often-overlooked features useful: Repetitive transactions. QB can automatically record recurring transactions, such as making payments either electronically or on paper (to print a check, click the File menu’s send document or print document), recurring entries and recording depreciation. Access [...]
“The IRS has initiated a new examination program for small businesses in the past year. This is affecting all examinations of small businesses if they use any electronic accounting software.” As a QuickBooks®consultant, I am here to help you understand the issues and assist the small business client in preparing for the examination. ‘The typical [audit] [...]
There are 3 common payroll mistakes small companies make. Each one is easy to avoid if you are aware of it. 1. Refusing a W-4 even if you happen to know it is inaccurate. Do not question a W-4 that has not been altered unless the employee tells you that it is false. But, you can advise someone [...]
Direct Deposit If you process payroll using QuickBooks and are signed up to Direct Deposit, the fee has increased to $1.45 per paycheck. The fee is automatically deducted from your bank account and recorded in QuickBooks within the payroll tax liabilities transaction. Check out our Payroll Services and contact us for pricing. 1099 & W2 [...]
Used to filing your own 1099s? This year is the first the IRS is requiring us to separate payments made to our vendors by cash or check from payments made by credit/debit cards and third-party payment services like PayPal in the 1099-MISC form. Third-party payment processors like Paypal are now required to report all transactions [...]
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