Expert Bookkeeping Resources
Take a look at our resources and learn more about understanding your cost of sales
The Best Ways to Record Your Customer Deposits and Retainers in QuickBooks Online
Many business owners receive deposits from customers for services that have not yet been delivered. Some receive deposits for rentals, real estate purchases and goods valued over $2,500.00.[...]
These 12 Accounts are Automatically Created in QuickBooks Online
Accounts Receivable – This account is created the moment you enter your first “Invoice”. It tracks how much money is owed to you by your customers. Inventory[...]
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” to record their Inventory Assets on their Balance Sheet. They may still use the “Cash Accounting Method” for[...]
The Chart of Accounts List Builds Your QuickBooks Online Company Financial Reports
Financial Reports that make sense are the result of a well-built Chart of Accounts. Your QuickBooks Online books is made up of lists, and the most important list[...]
Guide to Paying Yourself as a Small Business Owner & Managing Self-Employment Taxes
How Your Business Type Decides How You Get Paid matters. Let's break it down simple: the kind of business you run changes how you put money in[...]
Intro to Monthly Services with Lend A Hand Accounting
We like to make sure that our clients know what to expect when they select one of our monthly accounting service offerings. Our subscription prices and the terms[...]
