This year, a few of the new features in QuickBooks 2020 are meant to help you get paid faster and save time. Should you upgrade? Check out what’s new and improved! The features mentioned in this article apply to QuickBooks Pro, Premier and Enterprise.
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There are lots of ways to stay on top of your business when it comes to reports and metrics. Personally, I have reports and tasks on my toolbar so they’re one click away and I’m frequently in the Company Snapshot because I can easily see so much in one screen. But I find there are charts and graphs and metrics not in the Snapshot and many are unaware they even exist! So today I’d like to share a few.
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If you have to collect sales tax, then chances are your report form asks you about use tax. Use tax is a sales tax on purchases taxable in your state but for which you were not charged. It’s easier to keep up with tracking as you go along, rather than waiting until the end of the report period, especially if you pay quarterly. So here are the steps to simplify your reporting.
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All businesses have ebbs and flows in their business and depending on your business, sometimes there’s a big difference between the highs and lows. Today I want to discuss two products that might be useful in navigating through the fluctuations.
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Most businesses have peaks and valleys, so business owners find monitoring cash flow is always important. Here are 5 tools in QuickBooks that can help you monitor your cash flow.
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Just about every day, we read in the news that another company has been hacked – including the big companies, like Home Depot and others. Perhaps you might have had your own social media account, email, website, network, or computer hacked. I know some who were victims of a ransomware virus. Worse, many of you have been hacked but don’t even know it. So how can you minimize the damage and risk of hackers? Here are several tips, some familiar, some not so familiar.
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How safe is your business from fraud? While many worry about someone hacking into their systems, you’re more likely to experience embezzlement by a trusted employee. About 28% of small businesses have this unfortunate experience. So here are some checks and balances you can put into place both in procedures and in QuickBooks to limit opportunity for theft or discourage most employees from even trying.
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Computers and software are great when they work. But if your computer crashed or your QuickBooks file was corrupted and unusable, do you have a recent backup of your QuickBooks data file? QuickBooks provides two ways (actually, three) to create a copy of your QuickBooks data file. When is each appropriate, and how do you proceed?
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Between storms and malware, many are learning the importance of backups and access. Hopefully, you’re already making backups of your data on a regular basis. It’s simple to set up data backups automatically and then forget about them until you need them. But have you ever looked around to see if there are any gaps in your backup strategy? Here are seven places to look to make sure all your business data is backed up safely.
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It’s generally a good idea to keep overhead costs low so that your business profits will be higher. But there are times when increasing expenses yields great payoffs.
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