Category Archives: General
Organize your Income documents. In a filing cabinet, make separate folders for different kinds of Income documents: Work In Progress folders by Client (like Estimates, unfilled Purchase Orders, Sales Orders, etc) Invoices Waiting on Payment Paid Invoices by Client (sort … Continue reading
Organize your receipts, bills, etc. on a daily basis, preferably by vendor and expense type. It will save you time at the end of the year when you file your taxes. Make folders for your documents: Vendors A Vendors B … Continue reading
Reconcile. The best way to know that all transactions and account balances are correct is to reconcile ALL accounts when you receive the statements. This will help you catch any mistakes and keep you from over/understating your income and expenses.
Separate your business account and personal account Pay yourself regularly. Either with Owner’s Draw, Shareholder’s Distribution or a Paycheck. Spend the money in your personal account ONLY for personal use. Spend the money in your business account ONLY for business … Continue reading
We are so excited to be settled in at our new location. Please update your contact information as our address and number has changed. Efficiency Counts Inc 1401 N Elm Ave Hastings,NE 68901 (402) 460-6355
October 22-27, 2016, I journeyed once again to San Jose, CA for the annual QuickBooks Connect Conference. It’s always a pleasure to join my friends and colleagues and 5000+ other QuickBooks experts to learn more and serve you better!
Before you file your tax return, remember to: RECONCILE, RECONCILE, RECONCILE The Bank Statements The Credit Card Statements The Loan Statements The Accounts Receivable The Accounts Payable The Sales Tax The Payroll Tax The Undeposited Funds Leave no “Widows and … Continue reading