Monthly Archives: August 2013

Five Ways to Enhance Your Invoices that can Improve Cash Flow

When it comes to marketing, the company invoice might be the last thing you’d think about. But think again: it’s a great place to make every attempt to get paid faster and have your customer coming back for more services and products. Here are five easy-to-implement ideas to add to your invoices: Continue reading

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Using Purchase Orders for Job Costing

Many businesses don’t use Purchase Orders unless they order products to resell. But Purchase Orders can be a big help in many ways. Continue reading

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Tracking Retention

Retention is a common practice in the construction world. Whether you’re a subcontractor invoicing a general contractor, or a remodeler billing a customer, you may find that 10% of the invoice will be withheld until the project (or your portion of the project) is complete and everything looks good. Continue reading

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Accounting with Popeye

You might have heard the terms “cash basis accounting” or “accrual accounting.”  Your bottom-line net income can change depending on which method you use.  Here’s a simple explanation of the difference, with a little help from one of the most … Continue reading

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Working with Customer Prepayments

Do you take deposits up front from clients? Whether you’re in the construction industry, landscaping, trades or some other type of business, deposits up front help cash flow and enable you to pay employees and purchase materials for the job. How they can be recorded in QuickBooks varies. Continue reading

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