QBO Cleanup

Paid diagnostic review: Every bookkeeper’s weapon for taking on a big QuickBooks Online cleanup

By Veronica Wasek|2022-06-23T17:57:39+00:00June 23rd, 2022|Bookkeeping BIZ, QBO Cleanup|

Knocking out a big QuickBooks Online cleanup project requires the right preparation, tools, and strategy. Imagine if a boxer were to walk into the ring unprepared, without a strategy or the tools to take on their opponent - they would most likely lose the fight. Are you facing the challenge of a messy QuickBooks Online cleanup project, and want to triumph? Keep reading to learn about the paid diagnostic review: every bookkeeper's weapon for taking on a big QuickBooks Online cleanup project.

My biggest lessons learned after doing hundreds of QuickBooks Online cleanups

By Veronica Wasek|2022-04-28T20:38:58+00:00April 28th, 2022|Bookkeeping BIZ, QBO Cleanup|

Are you taking on a QuickBooks Online cleanup and looking for some helpful tips? After doing hundreds of QuickBooks Online cleanup projects, I have pretty much seen it all by now. I have made my share of mistakes, but I have certainly learned a lot of valuable lessons along the way. Every cleanup has it’s own unique challenges, but there are some key factors to help set you up for success from the start. Keep reading to find out my biggest lessons learned after doing hundreds of QuickBooks Online cleanups, and see how they can help you.

My scariest QuickBooks cleanup horror stories

By Veronica Wasek|2022-03-31T16:13:58+00:00March 31st, 2022|Bookkeeping BIZ, QBO Cleanup|

After doing hundreds of of cleanups, I have seen it all. I've seen undeposited funds, uncategorized income, uncategorized expenses, unapplied income and expenses, reconciliation discrepancies, comingling. And the list goes on. Over the course of all these cleanup situations, I have come across some that defy all of our expectations for a “normal” cleanup. Today, I’m sharing my scariest QuickBooks cleanup horror stories.

Tips for taking on a massive Undeposited Funds cleanup in QBO

By Veronica Wasek|2021-07-29T19:04:04+00:00July 29th, 2021|Bookkeeping BIZ, QBO Cleanup|

Taking on a massive undeposited funds cleanup in QuickBooks Online? It can be tough to know what to do when you are facing a ton of old transactions in the undeposited funds account. Here's my best tips for taking on a massive undeposited funds cleanup in QBO with confidence.

How to clean up Unapplied Cash Payment Income & Expenses in QuickBooks Online

By Veronica Wasek|2021-06-24T22:33:47+00:00June 24th, 2021|QBO Cleanup, QuickBooks Online, Tips and Tricks|

Coming across unapplied cash payment income and expenses in the Profit and Loss report during a QuickBooks Online cleanup can leave you stumped. What are these accounts for and where did they come from? How do you clean up these accounts to get rid of the balances? Keep reading, and I’ll answer these questions and tell you how to clean up unapplied cash payment income and expenses in QuickBooks Online.

How to clean up Opening Balance Equity in QuickBooks Online

By Veronica Wasek|2021-06-01T23:11:25+00:00May 27th, 2021|Bookkeeping BIZ, QBO Cleanup|

What should you do if you are working on a massive QuickBooks Online cleanup and you come across a mysterious balance in the Opening Balance Equity on the balance sheet? You probably won’t recall ever adding that account to QuickBooks Online, or categorizing any transactions to/from it. So what is it, and why is it showing up on your balance sheet? Keep reading and I’ll answer those questions and discuss how to clean up Opening Balance Equity in QuickBooks Online.

Using a cleanup checklist for successful QBO cleanups

By Veronica Wasek|2021-04-22T19:42:07+00:00April 22nd, 2021|Bookkeeping BIZ, QBO Cleanup|

QuickBooks cleanup projects can easily become overwhelming and time-consuming, especially if you’re not sure where to start. That’s why I always recommend using a cleanup checklist for successful QBO cleanups. It will help you stay on track, make sure nothing is missed, and give you confidence in the end result. Keep reading to find out more.

Using journal entries in a QBO cleanup without messing up the books

By Veronica Wasek|2021-06-01T23:00:31+00:00March 26th, 2021|Bookkeeping BIZ, QBO Cleanup, QuickBooks Online|

When you’ve got a problem in QuickBooks Online, the ‘easy fix’ is making a journal entry...right? As an accounting professional, you may have been trained to use journal entries liberally (I know I was), but in QBO there are some situations where journal entries help, and some where they can really mess up the books! The key is knowing which is which and what goes on inside QBO when you create journal entries to make corrections. I'll share my tips and best practices for using journal entries in a QBO cleanup without messing up the books.

Tips for taking on a massive QuickBooks Online cleanup

By Veronica Wasek|2021-04-22T00:41:06+00:00March 9th, 2021|Bookkeeping BIZ, QBO Cleanup, QuickBooks Online, Tips and Tricks|

Are you taking on a big QuickBooks Online cleanup project and not sure where to get started? I’ve been in your shoes, but after years of performing QBO cleanups, I've developed a system for organizing my cleanup projects from start to finish. I want to share my tips for taking on a massive QuickBooks Online cleanup, to help you confidently take on even the toughest projects.

The virtual bookkeeper’s guide to understanding PayPal

By Veronica Wasek|2021-01-22T05:10:26+00:00January 21st, 2021|Bookkeeping BIZ, E-commerce, QBO Cleanup|

Does the thought of working with PayPal transactions make you want to run and hide? PayPal bookkeeping can be very complicated, even for the most experienced virtual bookkeeper. I definitely struggled to understand the ins and outs of how it works at first. Now I want to share my experience with you. I'm going to show you the essentials of how PayPal works so you can tackle your client's PayPal transactions with more confidence in this virtual bookkeeper’s guide to understanding PayPal.

How to clean up personal expenses in QuickBooks Online

By Veronica Wasek|2020-01-20T22:26:31+00:00November 6th, 2018|Bookkeeping DIY, QBO Cleanup, QuickBooks Online, Tutorials|

Jill and Bob just made a huge mistake! They went on vacation and used their business bank account to pay for restaurants, hotels, and sight-seeing. However, when they returned home

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

How to fix unapplied cash payments in QuickBooks Online

By Veronica Wasek|2017-10-12T23:05:54+00:00October 12th, 2017|QBO Cleanup, QuickBooks Online, Tips and Tricks, Tutorials|

Jasmine Jones is the proud owner of Jasmine's Cupcake Design Emporium. She is a graphics designer for cupcake shops all over the country. By the nature of her business, Jasmine