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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.

How to Enter Customer Payments and Deposits in QuickBooks Online

By Veronica Wasek|2018-08-11T22:39:39+00:00May 8th, 2018|Tutorials|

Recently, my friend Jane called and shared her struggles with me. Sadly, I had heard the same story so many times before. Her QuickBooks Online is a mess. Her accounts

Unraveling the mysteries of the QuickBooks Online Undeposited Funds Account

By Veronica Wasek|2018-08-22T17:00:18+00:00April 25th, 2018|QuickBooks Online, Tips and Tricks, Tutorials|

The number one mistake that untrained users make in QuickBooks has to do with the Undeposited Funds account. In fact, you may have this problem and not even know it.

How to clean up Undeposited Funds in QuickBooks Online

By Veronica Wasek|2020-01-20T22:29:19+00:00April 18th, 2018|Bookkeeping DIY, QBO Cleanup, QuickBooks Online, Tutorials|

Eric is busy these days. He’s running a business and does his best to keep track of his numbers. Despite his best intentions, Eric is a bit disorganized and still

How to Fix Expenses Entered to the Wrong Account in QuickBooks Online

By Veronica Wasek|2018-04-04T22:48:00+00:00April 5th, 2018|QBO Cleanup, Tutorials|

Hello again and thanks for keeping up with all of our QuickBooks Online tutorials, tips, and tricks. I appreciate all of your comments and I’m glad that you find our

How to fix Uncategorized Income and Expenses in QuickBooks Online

By Veronica Wasek|2019-02-20T15:24:11+00:00March 29th, 2018|QBO Cleanup, Tips and Tricks, Tutorials|

One fateful day, Jeff opened his QuickBooks Online company file to view his Profit & Loss report. He hadn't looked through his QBO company in a while, but with tax

5 Minute Bookkeeping using the Expenses Center in QuickBooks Online

By Veronica Wasek|2018-03-21T19:48:05+00:00March 26th, 2018|Tips and Tricks, Tutorials|

To catch up on her QuickBooks Online knowledge, Jasmine Jones has recently read 5 Minute Bookkeeping™ using the Sales Center in QuickBooks Online. Although Jasmine now felt like she was

QuickBooks Online vs QuickBooks Self Employed

By Veronica Wasek|2020-01-15T20:42:36+00:00March 16th, 2018|FAQ, Tutorials|

Hi everyone. Are you trying to decide whether QuickBooks Online or QuickBooks Self Employed is right for you? No worries, I'll show you my expert comparison of QuickBooks Online vs QuickBooks

The Ultimate QuickBooks Online Year End Checklist

By Veronica Wasek|2019-04-22T19:27:28+00:00March 8th, 2018|QuickBooks Online, Tips and Tricks, Tutorials|

Daisy Flowers has just finished off with a long and productive year, but now, she's worrying about tax time, again. She knew that she needed to catch up, and so she read and followed the steps behind How to do a full

5 Minute Bookkeeping using the Sales Center in QuickBooks Online

By Veronica Wasek|2018-03-01T15:56:12+00:00March 1st, 2018|Tips and Tricks, Tutorials|

Ever since discovering 5 Minute Bookkeeping™, Jasmine has been taking advantage of all of our step-by-step QuickBooks Online tutorials. But now, it’s time for Jasmine to take her knowledge to the next level and to start doing some 5 Minute

How to avoid making a mess in QuickBooks Online

By Veronica Wasek|2018-08-29T13:45:58+00:00February 21st, 2018|Tips and Tricks, Tutorials|

Jasmine Jones recently purchased QuickBooks Online. Although inexperienced, she was eager to get started. But suddenly, something dawned on Jasmine. QBO looked much more complex than she initially though, which

Ditch the Shoebox! How QuickBooks Online remedies your tax time blues

By Veronica Wasek|2019-04-22T19:28:33+00:00February 13th, 2018|QuickBooks Online, Tax tips|

One fabulous day, Daisy Flowers, business owner extraordinaire, woke up and realized that tax time was upon her. And so, the race to work on her taxes began. Daisy scrambled

How to do a full year of bookkeeping when you need it done yesterday – Part 2

By Veronica Wasek|2018-08-29T13:46:51+00:00February 1st, 2018|Tips and Tricks, Tutorials|

Hello again, ready to dive back in? In my previous post, How to Do a Full Year of Bookkeeping When You Need it Done Yesterday – Part 1, I showed you

How to do a full year of bookkeeping when you need it done yesterday – Part 1

By Veronica Wasek|2020-01-20T22:28:36+00:00January 23rd, 2018|Bookkeeping DIY, QuickBooks Online, Tips and Tricks, Tutorials|

January 1st arrived before you knew it – where does the time go? Now you realize it’s tax time again and you haven’t done any of your bookkeeping for an

The experienced QuickBooks Desktop user’s guide to getting around in QuickBooks Online

By Veronica Wasek|2018-08-22T17:01:37+00:00January 10th, 2018|QuickBooks Online, Tutorials|

Daisy Flowers has been using QuickBooks Desktop (QBD) for over 10 years, knowing it inside and out. But, after converting her business over to QuickBooks Online (QBO), Daisy felt lost

What’s new with the 5 Minute Bookkeeping Blog in 2018

By Veronica Wasek|2020-01-20T22:31:03+00:00January 4th, 2018|Bookkeeping DIY|

Happy New Year! I hope that you had a wonderful holiday season. Rather than a tutorial or video, I thought I would share with you our plans for the 5