Deferred tax assets and liabilities may be terms you’ve seen added by your accountant to your small business balance sheet. They are financial items on a company’s balance sheet that exist because the income on the tax return is different than the income in the accounting records. Learn how to evaluate, make sense of, and take [...]
QuickBooks Checking is a bank account reimagined for small business. It allows your money to work for you right in QuickBooks Online. Time is money. QuickBooks Checking is not just fast; it's instant. As soon as invoices are paid online or you take a payment with the card reader, funds are available. Then as money comes [...]
You can easily keep track of who your business owes money to by adding your vendors to QuickBooks Online. You can add them one at a time or in bulk from a spreadsheet. Follow this video tutorial to learn the steps to take.
Once you've connected your bank account to online banking in QuickBooks, QuickBooks downloads your recent transactions every day. In this video, learn how to categorize and confirm transactions so your books are accurate.
The accounting cycle, also known as the bookkeeping cycle, helps create accurate accounting data that’s crucial to running your small business. It essentially ensures that all the money passing through your business is accounted for. Learn more about why the accounting cycle is important, how to use the accounting cycle, and what the stages in the [...]
