If you have QuickBooks Online Plus or Advanced, you can use Projects to track income, material costs, and labor expenses for specific projects. Once you've finished setting up your employees, you can assign their time to a project. Follow the helpful step-by-step instructions in this video to learn how to do these tasks and more.
Massachusetts follows most federal laws for small businesses. The majority of small businesses are sole proprietorships. A sole proprietor is an unincorporated business with one owner who pays personal income tax on business profits. A sole proprietor will complete Schedule C. Schedule C acts as a profit or loss statement for your business and is a [...]
Learn where everything is in QuickBooks Online so you can start using it to manage your business efficiently. Figure out how to view and interpret charts in Business Overview. Track expenses and profitability, adjust settings, and link bank accounts and credit cards to QuickBooks. Figure out how to do monthly account reconciliations. Learn how to pay [...]
Growing businesses deal with massive amounts of data. It can be a daunting task to sift through pages of data in hopes of extracting some sort of usable information. Having the flexibility to automate custom financial reports in an accounting software can save time while tracking profitability. A great business tool can turn data into information, [...]
If you are an employer, here is an important filing deadline reminder. The law requires you to file a copy of the W-2 forms you give to your employees by January 31st. You are also required to file the W-3 forms. Remember, you need to send these forms to the Social Security Administration. In addition, if [...]
