Tips on Managing Open Invoices and Getting Paid Faster

Setting up the right reminders within QuickBooks can help keep cash flow moving, which is critical in scaling your growing business. One of the most awkward and uncomfortable situations in business is having to remind clients about late payments on a bill or open invoice. Even harder is trying to respectfully request immediate payment without the [...]

What Small Business Owners Should Know about the Depreciation of Property Deduction

This article was published by the IRS. Depreciation is an annual tax deduction that allows small businesses to recover the cost or other basis of certain property over the time they use the property. It is an allowance for the wear and tear, deterioration, or obsolescence of the property. Small businesses can depreciate property when they [...]

How to Organize Your Chart of Accounts in QuickBooks

A chart of accounts is a list of the account numbers and names relevant to your company. The 4 primary groups in a standard chart of accounts are Asset, Liability, Income, and Expense. This video contains some helpful tips in how to organize them in QuickBooks or QuickBooks Online to make your small business’ financial information [...]

Welcome to QuickBooks Time

Time is your most valuable resource. It can't be renewed or reimbursed. So why waste it? QuickBooks Time's cloud-based employee time tracking and scheduling solution puts critical minutes back in your hands. Employee hours are instantly accessible by admins and business owners. Schedule your workforce with ease and get to-the-second info about who's working and where. [...]

Here’s How Businesses Can Deduct Startup Costs from Their Federal Taxes

This article was published by the IRS. When starting a business, owners should treat all eligible costs incurred before beginning to operate the business as capital expenditures that are part of their basis in the business. Generally, the business can recover costs for assets through depreciation deductions. For costs paid or incurred after September 8, 2008, [...]

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