As you are aware, the accounting/bookkeeping industry is moving in the direction of increased specialization. For accountants, that shift brings both...

Intuit has revised the Reclassify Transactions feature available within the QBO-Accountant tools.

As part of recording customer payments in QuickBooks Online, you can specify preferences for what type of payment methods received. Payment methods...

Last week we began this portion of our Inventory series by looking at proper categorization and accounting for Inventory Items, Inventory Assemblies...

So, you have that new inventory client, and you’re excited to see that they get the file setup correctly. But where do you begin? And what should you...

In my last post, I shared the advantages and disadvantages of setting up an accounting business as a Limited Liability Company (LLC). In this...

Recently, I have heard several times that users are not able to create the Balance Sheet by Classes in QuickBooks Online. The great news for these...

It hasn't been that long ago that the majority of people didn't even notice if their Balance Sheet was out-of-balance. In fact, just a few years ago...

Most US-based farming and ranching operations use cash accounting, and the majority prepare market-value balance sheets for purposes such as...