How to set up the Chart of Accounts in QuickBooks Online (Part 1)
Jill and Bob were neither bookkeepers nor accountants. All they knew how to do was run their business. Nevertheless, Jill and Bob understood that they needed to do some bookkeeping,
Small Business Budget vs. Forecast – or Do You Need Both?
I am pleased to share with you a guest post from Adam Lean. Adam Lean is the founder of The CFO Project. Big businesses have CFOs (Chief Financial Officers) to
How to review transactions in QuickBooks Online
Bob, is applying for a small business loan, but Bob's bank wants a clean set of financial reports first. Bob is worried because he's never reviewed his transactions in QuickBooks
How to clean up Undeposited Funds in QuickBooks Online
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 do a full year of bookkeeping when you need it done yesterday – Part 1
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
What’s new with the 5 Minute Bookkeeping Blog in 2018
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
3 essential financial strategies you should implement in 2018
I remember clearly when a popular social media strategist asked me “Do you have a marketing strategy for 2018?” I didn’t expect that she would ask me that question. After
Finding the perfect match – A payroll solution that fits your business
“One-size fits all” doesn’t apply to any area of a small businesses. Small businesses come in all shapes and sizes, serving a variety of customers and spanning a myriad of
Could your procrastination be seriously hurting your business finances?
Do you know what the #1 complaint is from every accounting professional – CPA, accountant, or bookkeeper alike? It’s not that accountants work crazy hours. It’s not that some of
It’s time to define that relationship – Contractor vs. Employee (part 2)
Recently, I shared with you how to determine whether it was time to define or redefine your relationship with your worker, designating them as either an independent contractor or an
It’s time to define that relationship – Contractor vs. Employee (Part 1)
If you are in the category of entrepreneur or ‘solopreneur’, then, chances are, you're juggling a variety of roles in your business and trying to be excellent at everything. At
How we crushed our cash-flow woes with QuickBooks Online
We are always looking to share new ways to minimize bookkeeping and maximize profits. If you are like many small businesses, the traditional accounts receivable process can really zap your
Could you be a victim of embezzlement and not even know it?
Could you be a victim of embezzlement and not even know it? Hi everyone. This is going to be a very serious post about small business fraud and embezzlement. I
Answered: Your most burning questions about sending customer statements in QuickBooks Online
Hi everyone! I am continually asked by clients how they can get more out of QuickBooks. Well, here is a great way to get the absolute most out of QuickBooks
How to send past due reminders in under 30 seconds using QuickBooks Online
Do you hate sending past due reminders to clients? So do I. It’s so awkward! I’m going to show you how you can send past due reminders in under