Tag: Bookkeeping Tutorials
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How to Make Cash Flow Projections Easily!
Cash flow projections are incredibly useful for a number of reasons. First, 60% of business owners have cash flow problems. This affects their ability to meet payroll, buy products for resale, and handle surprises. Making cashflow projections is also helpful for securing bank loans or investment. It’s pretty simple to do. Just follow these steps. Read more
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Mistakes Retail Business Owners Make with their Chart of Accounts
Mistakes retail business owners make with chart of accounts It’s the last thing you probably want to think of with your business. However, if you’re making mistakes with your chart of accounts, you could end up with many preventable problems. Here are the five top mistakes retail business owners make with their chart of accounts: Read more
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Master KPIs Using QuickBooks – Income per Service
To track what matters with your service-based business, you need KPIs. But KPIs aren’t immediately obvious using accounting software like Quickbooks Online. Let me show you one – income by service. For other tutorials about QuickBooks, see the category here. Ignore KPIs at your own expense. If you do, not only are you failing to Read more
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Double-Entry Bookkeeping Explained (Easily, for Once)
It seems complicated at first, but you can have double-entry bookkeeping explained in a way that is very simple. This is the best way I can think of it right now: Imagine two sets of elevators on a balanced scale. On the left set (of two) only the left one will go up when weight Read more
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How to Make an Invoice in Quickbooks (in under 90 seconds flat!)
Here’s how to make an invoice in QuickBooks Online. When you return to the customer screen, you should see the new invoice you made. To have me do all this for you as your bookkeeper, start by scheduling a free call with me to talk about your bookkeeping needs and business goals. To read or Read more