Expert Bookkeeping Resources
Take a look at our resources and learn more about understanding your cost of sales
New Business Loans Require the Setup of 2 Accounts in QuickBooks Online
Small business owners need to understand when to “Split” transaction amounts in their QuickBooks Online bank feeds for money spent. Adding new “Liabilities” to your QuickBooks Online “Balance[...]
Deposit and Trust Account Setup Services for QuickBooks Online
Before you can record a deposit, retainer or trust fund money received, the related product and service items and accounts need to be setup in QuickBooks Online. With[...]
Understanding the Importance Setting Up Products & Services in QuickBooks Online
When setting up your QuickBooks Online account, it is very important to create a complete and well organized Products and Services list. These products and services will be[...]
Help with Customer Project Setup in QuickBooks Online
Your accountant will request your customer project details in Excel format. It is also important to identify if there are income or expense transactions that will need to[...]
Customizing Chart of Accounts in QuickBooks Online
The key to producing meaningful financial reports for your business is to create a customized chart of accounts that helps you to visualize your sales and the cost[...]
When to use Class and Location Setup in QuickBooks Online
The option of setting up classes and locations in QuickBooks Online is used by many businesses to tag and separate out accounting transactions by department, location and[...]
