Tips to Show Your Bookkeeper You Love Them Part 2

Tips to Show Your Bookkeeper You Love Them Part 2

Lu Casillas article 3 graphic

In the last post I started to share tips on how to show your bookkeeper you love them. If you missed part one, read it by clicking here. More tips shared by Melanie Power, Director – Power Finance and Head of Bookkeeping at Xero are: Continue reading “Tips to Show Your Bookkeeper You Love Them Part 2”

Tips to Show Your Bookkeeper You Love Them Part 1

Tips to Show Your Bookkeeper You Love Them Part 1

office-620822_1280I recently read as blog post by Melanie Power who is the Director – Power Finance and Head of Bookkeeping at the online bookkeeping software company, Xero. In her article, she discussed 6 tips on how to work well with your bookkeeper and let them know you appreciate them. Here is what she had to say: Continue reading “Tips to Show Your Bookkeeper You Love Them Part 1”

Mid-Year Bookkeeping Check-In

Mid-Year Bookkeeping Check-In

office-620822_1280It’s just shy of the end of June, so six months of the year are almost complete.  I suggest to my clients having a check-in with their CPA at least two times a year; once about mid-year, and once in the late fall.

It’s a time to review what is happening in your business and see if any adjustments are needed to meet your goals. Based on what you find, you can make adjustments to prepare for a change in taxes due based on your profitability.

If you set a goal for the business in terms of revenue, how are you doing in relationship to that figure?  If you are at 50% or better, that’s great!  How much over your goal are you?  Is this going to impact your taxes?  Do you need to alter your estimated tax payments (if you currently have to file) to avoid owing a large amount later?   Continue reading “Mid-Year Bookkeeping Check-In”

Add-On Services Discontinued For QuickBooks 2013

Add-On Services Discontinued For QuickBooks 2013

women with listAre you using QuickBooks 2013 with add-on services such as e-mailing invoices, processing credit cards or running payroll? If yes, you will need to upgrade your software prior to May 31, 2016 as they will not work after this date. Each year QuickBooks stops support of a desktop version for all types (Pro, Premier, Enterprise Solutions, Accountant Edition, and Mac) and 2013 is the version this year that will no longer be supported.

When you purchase QuickBooks 2016, you’ll received up to 60 minutes (can only use in one call) of technical support (which expires the earlier of 9/21/16 or 30 days after registration), and answers to frequently asked questions can be found at https://community.intuit.com/articles/1021133-frequently-asked-questions-about-installing-quickbooks.

In most cases, you can update QuickBooks and your company file in less than an hour. The larger your company file, the longer it takes. After you install QuickBooks 2016 or QuickBooks for Mac 2016, you will be prompted to register, which is required if you want to access any add-on services or live support while using QuickBooks 2016.
Continue reading “Add-On Services Discontinued For QuickBooks 2013”

Looking For a Bookkeeper? Why It’s Important to Find an Expert

Are you new in business or thinking of becoming an entrepreneur? Have you been a business owner for a while but still handling most (or all) of the jobs to be done? One of the tasks you should consider delegating is your bookkeeping.

Many entrepreneurs start their companies because of a passion they have for the product or service they sell, and they want to share it with the world. Doing the bookkeeping is often an unwanted task that goes along with being a business owner. Continue reading “Looking For a Bookkeeper? Why It’s Important to Find an Expert”

What to Do if You Discover Tax Return Mistakes

The tax filing deadline has passed (unless you filed an extension) and you breathed a sigh of relief knowing you filed everything on time. Now you discover an error was made either in your information given to the preparer, or on the tax return filed. Now what do you do?

The first thing you will want to do is contact your CPA to alert them to the mistake. They will need to know what was listed incorrectly. Perhaps income or expenses were not reported accurately, equipment was sold and no longer should appear as an asset on your return, or maybe you have a new dependent to claim. Continue reading “What to Do if You Discover Tax Return Mistakes”

Backup Your QuickBooks File to Avoid Data Loss

Data Loss, Bookkeeping, QuickBooksImagine that you are ready to do your bookkeeping, you try to open your file and find that your data file is corrupt or lost. What would you do? Unfortunately this can happen, and merely assuming that the online backup plan you have in place (if you have one) will give you the backup you need may not be a correct assumption.

A proper backup is created within QuickBooks. Below are steps to backup your file to one of your own devices. To create your backup follow these steps (please note the wording may be slightly different based on your version): Continue reading “Backup Your QuickBooks File to Avoid Data Loss”