Understanding Financials

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Easy Management of Uncategorized Expenses

Managing your business finances can be a daunting task, especially [...]

By Gina Pitts|2025-10-25T10:53:06+00:00October 19, 2025|Accounts Payable Clean-Up, Accurate Accounting, Accurate Bookkeeping, Adding Bank Feed Transactions, Bank Feed Categorization, Expense Entries, Expense Errors, Good Bookkeeping, Good Bookkeeping Score App, Uncategorized, Uncategorized Expense, Understanding Financials|Comments Off on Easy Management of Uncategorized Expenses

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Understand that Equity Includes the Net Worth of Your Company

The QuickBooks Online Balance Sheet includes Company Assets, Liabilities and [...]

By Gina Pitts|2024-03-11T07:13:47+00:00March 10, 2024|Balance Sheet, Financial Analysis, Financial Reports, Net Worth, Understanding Financials|Comments Off on Understand that Equity Includes the Net Worth of Your Company

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Catch Fraud and Other Anomalies with QuickBooks Online Bank Feeds

Because your small business bank account charges are "bank fed", [...]

By Gina Pitts|2024-03-11T06:16:30+00:00March 10, 2024|Balance Sheet, Bank Feed Categorization, Employees, Fraud, Personal Charges, Profit and Loss, Understanding Financials|Comments Off on Catch Fraud and Other Anomalies with QuickBooks Online Bank Feeds

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Small Business Owners Should Run Their Profit & Loss Reports on a Cash and an Accrual Basis

Small businesses with Product Inventory use the “Accrual Accounting Method” [...]

By Gina Pitts|2024-03-11T07:09:56+00:00March 10, 2024|Business Growth, Business Health, Business Loss, Business Profit, Cash Flow, Financial Analysis, Financial Reports, Profit and Loss, Understanding Financials|Comments Off on Small Business Owners Should Run Their Profit & Loss Reports on a Cash and an Accrual Basis

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The Chart of Accounts List Builds Your QuickBooks Online Company Financial Reports

Financial Reports that make sense are the result of a [...]

By Gina Pitts|2024-03-11T07:02:15+00:00March 10, 2024|Balance Sheet, Chart of Accounts, Financial Reports, Income Account, Payroll Journal Entry, Products and Services Setup, QuickBooks Online Setup, Selecting and Adding Accounts, Selecting or Adding Products and Services, Service List, Small Business Accounting, Understanding Financials|Comments Off on The Chart of Accounts List Builds Your QuickBooks Online Company Financial Reports

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Customized Financial Reports in QuickBooks Online

We only offer Financial Report Services to clients that have [...]

By Gina Pitts|2024-03-10T04:53:23+00:00March 9, 2024|Balance Sheet, Business Growth, Business Health, Business Loss, Business Profit, Cash Flow, Financial Analysis, Financial Reports, Sales Reports, Statement of Cash Flows, Understanding Financials|Comments Off on Customized Financial Reports in QuickBooks Online

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