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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.
  • Ready to Stop Scope Creep? The Workflows and Apps to Free Work cover

Ready to Stop Scope Creep? The Workflows and Apps to Free Work

By |2025-10-06T21:49:00+00:00October 6th, 2025|Apps, Bookkeeping BIZ, Bookkeeping DIY|

If you’ve ever felt frustrated because clients keep asking for “just one more thing” without paying extra, you’re not alone. Every bookkeeper eventually faces the same problem — scope creep — and it can cost you thousands of dollars and countless hours. I’ve been there myself. When I started my bookkeeping business, I wanted to help everyone. I undercharged, overdelivered, and worked far too many unpaid hours. Over time, I realized that working for free wasn’t helping my clients — it was burning me out and keeping me stuck. Here’s how to stop scope creep, protect your time, and build the confident, profitable bookkeeping business you deserve.

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  • QBO AI Bank Feeds Review: Why I switched back cover

QBO AI Bank Feeds Review: Why I switched back

By |2025-09-04T19:44:31+00:00August 28th, 2025|Bookkeeping BIZ, Bookkeeping DIY|

If you’ve recently logged into QuickBooks Online (QBO) and thought, “Wait… everything looks different,” you’re not imagining it. Intuit has rolled out a brand-new update: AI-powered bank feeds. According to QuickBooks, this feature is supposed to save time and make bookkeeping easier. But how useful are the QBO AI bank feeds really? And are they worth switching to? I decided to test it myself. In this article I’ll share what’s new, the problems I discovered, and whether it’s worth making the switch... or sticking with the classic QuickBooks bank feeds.

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  • Pricing Lessons for Bookkeepers: From Panic to Profit cover

Pricing Lessons for Bookkeepers: From Panic to Profit

By |2025-09-04T19:43:57+00:00August 6th, 2025|Bookkeeping BIZ|

Let’s be honest—pricing is one of the most anxiety-inducing topics for bookkeepers. I’ve been there. The thought of quoting a price would send me into a spiral of overthinking, stress, and avoidance. If you've ever delayed sending a proposal because you were too nervous to give a price, you're not alone. I used to spend hours creating detailed pricing spreadsheets, adding more variables in a desperate attempt to find the "perfect formula" for pricing my services. Spoiler alert: I never used those spreadsheets. Instead, I learned some valuable lessons that helped me move from pricing panic to profit.

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  • QBO & Apps: Diagnosing and avoiding integration nightmares cover

QBO & Apps: Diagnosing and avoiding integration nightmares

By |2025-06-04T16:39:07+00:00June 4th, 2025|Bookkeeping BIZ, Bookkeeping DIY, QBO Cleanup|

Have you ever opened a client’s QBO file after being assured everything was “up to date” only to find 5,000 uncategorized transactions, duplicated income, and an undeposited funds balance that makes your eye twitch? You’re not alone. App integrations promise to automate bookkeeping, but in practice, they often create more work. The cleanup becomes your responsibility—which is why it's so important to understand QBO and apps, and how to diagnose and avoid integration nightmares.

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  • The best free and low cost apps for bookkeepers cover

The best free and low cost apps for bookkeepers

By |2023-12-18T17:19:37+00:00December 19th, 2023|Bookkeeping BIZ|

Are you a bookkeeper looking for affordable and efficient tools to streamline your business operations? In today's digital age, there are numerous free and low-cost apps available that can help you manage your bookkeeping business effectively. Let’s go over the best free and low cost apps for bookkeepers.

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  • ChatGPT for bookkeepers how to become a marketing machine in 3 steps cover

ChatGPT for bookkeepers how to become a marketing machine in 3 steps

By |2023-10-03T17:22:20+00:00October 4th, 2023|Bookkeeping BIZ|

In today’s fast-paced digital world, bookkeepers face various challenges when it comes to marketing their services and effectively. Traditional marketing approaches can be time consuming and expensive, leaving bookkeepers searching for other solutions. One marketing solution I use and highly recommend? ChatGPT, an artificial intelligence chatbot. Today, I’ll go over ChatGPT for bookkeepers and how to become a marketing machine in 3 steps.

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  • 5 reasons why clients keep pushing back on your bookkeeping prices

5 reasons why clients keep pushing back on your bookkeeping prices

By |2023-09-06T14:33:19+00:00September 13th, 2023|Bookkeeping BIZ|

Why do bookkeeping clients keep challenging you on your prices? Are you doing something wrong? It is not uncommon for clients to challenge the pricing structure. It’s crucial to address these objections effectively and maintain a healthy client relationship. Today, I’m going to discuss 5 reasons why clients keep pushing back on your bookkeeping prices and what you can do about it.

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  • Tips for taking on a messy comingling cleanup in QuickBooks Online

Tips for taking on a messy comingling cleanup in QuickBooks Online

By |2023-09-01T14:34:20+00:00August 8th, 2023|Bookkeeping BIZ, Bookkeeping DIY|

Starting with a new bookkeeping client can be an exciting opportunity, but what happens when their books are a mixed mess of personal and business transactions? It becomes crucial to implement effective strategies to untangle the comingling mess and establish proper bookkeeping practices. When that happens to you, here are my tips for taking on a messy comingling cleanup in QuickBooks Online.

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  • Free QuickBooks ProAdvisor Certification: how I used it to grow my bookkeeping business

Free QuickBooks ProAdvisor Certification: how I used it to grow my bookkeeping business

By |2023-09-01T14:37:13+00:00July 10th, 2023|Bookkeeping BIZ, Bookkeeping DIY|

It’s not news that QuickBooks is widely used among small business owners. When I started my business, I realized my limited knowledge of QuickBooks put me at a disadvantage. To grow, I needed to understand what was important to my clients. That was QuickBooks. Today, I’ll discuss the valuable resources provided by Intuit that are beneficial whether you’re new to bookkeeping or experienced. Keep reading or watch to learn more about the Free QuickBooks ProAdvisor Certification: how I used it to grow my bookkeeping business.

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  • Bookkeepers: What you need to know about legal entities and owner compensation

Bookkeepers: What you need to know about legal entities and owner compensation

By |2023-06-12T21:46:47+00:00June 12th, 2023|Bookkeeping BIZ|

Are you ready to take your bookkeeping knowledge to the next level? As bookkeepers, our clients come in an assorted variety of legal entities. Legal entities and owner compensation might not sound like the most exciting topic, but trust me, it’s essential knowledge for any bookkeeper looking to grow, gain confidence, or tackle clean-up projects. Understanding your client’s legal entity and how they should be compensated can make a world of difference in your work with US clients. Today I’ll help explain the different tax forms and compensation methods for each type of legal entity, including Sole Proprietorships, LLCs, S Corporations, Partnerships, and C Corporations.So keep reading or click the video below to hear my insights for bookkeepers: what you need to know about legal entities and owner compensation.

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  • How to gain confidence as a new bookkeeper cover

How to gain confidence as a new bookkeeper

By |2023-04-21T00:11:08+00:00April 21st, 2023|Bookkeeping BIZ|

Does this sound familiar? You’re starting a bookkeeping business or recently got started as a bookkeeper and you're struggling with self-doubt and lack of confidence. If so, you’re not alone. It’s normal to have fears about the future. I can empathize because I have been there, frozen with fear and scared out of my mind when I first started my virtual bookkeeping business. But don’t worry, there is hope. If you’re looking for some practical advice to overcome your fears and self-doubt as a bookkeeper, keep reading or click on the video linked below where I'll share my top 4 tips with you on how to gain confidence as a bookkeeper.

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  • 5 Reasons why every bookkeeper should stop charging by the hour

5 Reasons why every bookkeeper should stop charging by the hour

By |2022-07-28T18:03:19+00:00July 28th, 2022|Bookkeeping BIZ|

When it comes to pricing their services, most new bookkeepers start off with charging their clients by the hour. I certainly did that in the early days of my bookkeeping business too. But one of the best things that I did to grow my business was to move away from hourly billing to pricing all services upfront for my clients instead. If you’re still charging clients by the hour, I’d love to share my insights and experience with you from my own pricing journey. Keep reading or watch the video linked below to hear my top 5 reasons why every bookkeeper should stop charging by the hour.

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