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vw1025@1

About Veronica Wasek

Hi, I'm Veronica Wasek. I am an Accounting Influencer, Top 10 QuickBooks ProAdvisor, a CPA, and a Certified Advanced QBO ProAdvisor. I am truly passionate about helping entrepreneurs and bookkeepers to minimize bookkeeping and maximize profits. Let's face it - nobody wants to spend too much time doing bookkeeping! This blog was born out of a desire to share simple QuickBooks Online training and tutorials, modern bookkeeping tips, and more. 5MinuteBookkeeping.com is now an award-winning blog focused on showing others how to leverage the power of QuickBooks Online, the cloud, and integrated applications to maximize profits and productivity. If you're a bookkeeper - you'll also find topics helping you to grow and run your bookkeeping business. Learn more about me and my modern accounting firm at https://www.QuickBooksOnlineExpert.com. Join my FaceBook group at https://www.facebook.com/groups/5minutebookkeeping/ to ask questions and interact with me and like-minded people.
  • Charging for QuickBooks Online cleanup - fixed fee or by the hour?

Charging for QuickBooks Online cleanup – fixed fee or by the hour?

By |2020-10-08T23:29:32+00:00October 8th, 2020|Bookkeeping BIZ|

With QuickBooks Onlnine clean ups, you often don’t know exactly what you’re getting into or exactly how much work will be involved, and these unknowns can make pricing a cleanup pretty complicated. I want to share my insights on the two basic ways of charging for QuickBooks Online cleanup - fixed fee or by the hour, to help you decide a pricing system that works for you.

  • How to record Shopify sales in QuickBooks Online

How to record Shopify sales in QuickBooks Online

By |2020-09-24T22:42:56+00:00September 24th, 2020|Bookkeeping DIY, E-commerce, Tutorials|

I love helping e-commerce sellers tackle some of their biggest bookkeeping questions and challenges with QuickBooks Online. One of the basics that Shopify sellers need to know is how to record Shopify sales in QuickBooks Online. This can be tricky, as there are a lot of moving pieces, and you have to know where to get the information you need to enter into QBO. In this blog post, I’m going to demonstrate how to record your Shopify sales in QuickBooks Online using a manual journal entry method.

  • How to say no when you're an introvert bookkeeper

How to say ‘No’ when you’re an introvert bookkeeper

By |2020-08-21T06:13:57+00:00August 20th, 2020|Bookkeeping BIZ|

Are you an introvert bookkeeper? Me too. I’ve got a special place in my heart for people like you and me because we make great bookkeepers but we may have to face a unique set of challenges (opportunities for growth) when interacting with clients and prospects. One of these growth opportunities, is learning how to say “No” when you’re an introvert bookkeeper. It’s crucial to be able to say "no" to the wrong kinds of clients and projects so you have time and energy for the right ones!

  • Behind the Scenes - The Virtual Bookkeeper's Roadmap

Behind the Scenes – The Virtual Bookkeeper’s Roadmap

By |2020-08-12T04:55:37+00:00August 6th, 2020|Bookkeeping BIZ|

Whether you are launching a new virtual bookkeeping business or trying to make your existing business more efficient and scalable, you probably know that it can take years of trial and error to figure out the best way to run a bookkeeping business. You are probably also very aware that all that time is costing you money. Most people would rather skip past that trial and error and follow a proven roadmap, if they can find one. In this blog post I want to give you a behind the scenes look at my course in the 5MB Academy, The Virtual Bookkeeper’s Roadmap, which was designed specifically to show you how to do it right.

  • How to record Amazon seller fees in QuickBooks Online

How to record Amazon seller fees in QuickBooks Online

By |2020-08-20T14:26:13+00:00July 16th, 2020|E-commerce|

If you're an Amazon seller, you already know that there are fees that Amazon deducts from your sales. If you want to track your profitability, you might be wondering how to get those Amazon seller fees recorded correctly into QuickBooks Online. I'd like to show you how to do just that and also show you a tool that I recommend for streamlining the whole process.

  • How I get paid to diagnose my clients' QuickBooks problems

How I get paid to diagnose my clients’ QuickBooks problems

By |2020-07-09T18:14:38+00:00July 9th, 2020|Bookkeeping BIZ|

A lot of people ask me how I get paid to diagnose my clients’ QuickBooks problems. In recent blog posts and videos, I’ve shown you the Smart Review checklist I use for a quick (free) check up of how messed up a client’s books might be. Once potential problems are discovered during my Smart Review, I will recommend a paid QuickBooks diagnostic review to my client, so we can take a deep dive into the books to find out exactly what needs to be fixed.

  • 7 Cruicial considerations for DIY Amazon bookkeeping

7 Crucial considerations for DIY Amazon bookkeeping

By |2020-08-20T16:08:33+00:00June 25th, 2020|Bookkeeping DIY, E-commerce|

As an Amazon seller, should you do your own Amazon bookkeeping? I’ve heard this question from many sellers and today I’m going to share my thoughts as a bookkeeping expert, CPA, and e-commerce specialist. Do you have what it takes to do your own bookkeeping and is it the best path for you? Take a look at the 7 crucial considerations for DIY Amazon bookkeeping, to help you determine just that.

  • My QuickBooks paid diagnostic review sales funnel

My QuickBooks paid diagnostic review sales funnel

By |2020-07-09T18:23:52+00:00June 11th, 2020|Bookkeeping BIZ|

A lot of bookkeepers struggle to take new prospects from the initial phone call to being ongoing clients. It can be tricky at first, but it’s crucial if you want to grow your bookkeeping business. Fortunately, it’s much easier if you have a plan in place. That’s why today I’m going to share my QuickBooks paid diagnostic review sales funnel. Keep reading to see just how the funnel works.

  • How I review my clients' QuickBooks in 15 minutes

How I review my clients’ QuickBooks in 15 minutes

By |2020-06-04T23:06:33+00:00June 4th, 2020|Bookkeeping BIZ|

Before you take on a new client, it pays to review their books and see what’s really going on. Did you know that you can get a pretty good picture of a potential client’s biggest QuickBooks problems in less time that you might think? Let me tell you how I review my client's books in just 15 minutes with my Smart Review System, so you can do it too.

  • Tracking Amazon inventory in QuickBooks Online - the do’s and don’ts

Tracking Amazon inventory in QuickBooks Online – the do’s and don’ts

By |2020-05-28T18:00:46+00:00May 28th, 2020|Bookkeeping DIY, E-commerce, Tips and Tricks|

When it comes to tracking Amazon inventory in QuickBooks Online, what are the do’s and don’ts? Well, my short answer is that you do want to track the inventory costs in QuickBooks Online, but you don’t want to track all of the details of inventory in QuickBooks Online. Keep reading to find out why that is not recommended and to learn what you should do instead.

  • Integrating QuickBooks Online with Amazon and Shopify using A2X

Integrating QuickBooks Online with Amazon and Shopify using A2X

By |2020-05-14T09:30:11+00:00May 14th, 2020|Bookkeeping DIY, E-commerce, Tips and Tricks|

A common struggle for e-commerce sellers using Amazon and/or Shopify lies in how to get the information from your Amazon and/or Shopify account into QuickBooks Online. Streamlining your numbers and getting them into your financial software with an app integration can save you a TON of time and effort. In this blog post, I want to share my recommended tool for seamlessly integrating QuickBooks Online with Amazon and Shopify - A2X.

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