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Is Construction The Right Niche For You?

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

Revised 'Reclassify Transactions' feature for QBO-Accountant Tools

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

How to Locate and Edit Payment Methods in QuickBooks Online

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

Tying Items to the Chart of Accounts (Part 2)

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

Tying Items to the Chart of Accounts (Part 1)

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...

Pros and Cons of Setting Up Your Accounting Business as a Corporation

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

QBO Balance Sheet with Classes

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...

Is Your QuickBooks Desktop Balance Sheet Really Out of Balance?

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...

Posting Farm Production into QuickBooks Inventory - Part 2

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

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Mastering Ag Advisory: Budgets, Scenarios and Succession Planning

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Five Easy Ways to Use AI This Tax Season

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Transactional vs Advisory: Where Do You Stand?

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