QuickBooks Online (QBO) has grown by leaps and bounds since they launched in 2004. In October 2013, QuickBooks released a new redesigned version of QBO. I admit I wasn’t a big fan of the new version when it first came out. I took it for a test drive over years ago and could not […]
What Is The Statement Of Owner’s Equity? The statement of owner’s equity, sometimes referred to as a statement of cash flows, cash flow statement, statement of changes in owner’s equity, statement of shareholder equity, or owner’s equity statement, is a financial statement that represents the changes of the owner’s equity accounts after all its obligations
1. Stop Procrastinating. Resist the temptation to put off your taxes until the very last minute. It takes time to prepare accurate returns and additional information may be needed from you to complete your tax return. 2. Include All Income. If you had a side job in addition to a regular job, you might have
Here are the instructions for setting up and using the free accounting spreadsheets: (Automatic) Spreadsheet Instructions (The accounting spreadsheet separated into income and expense accounts. Monthly and quarterly reports are automatically generated.) (Manual) Spreadsheet Instructions (Set up like a check register. Only annual report is automatically generated) Need to change some things on your free
Do you need to see how to format an income statement, looking for an example or want to download a free sample template? Everything you need to know about an income statement is right here! The Income Statement which is often referred to as a Profit and Loss Statement or P&L Statement, is probably the
How to create a logo stumps many small business owners. They don’t know where to start in creating something so important to their business. Below you will find the 3 different types of logos and 9 logo ideas to get you started in the right direction. Keep in mind your logo reflects your business. When
There are some tough economic times going on right now…especially for us small business owners. I cut expenses everywhere I can in order to keep my prices down in my business. Here are some free small business software I have tried and found to be effective: Free Accounting Software There is not a lot of
Preparing and understanding financial statements for a small business. Do you prepare financial statements for your small business? What do you do with them after you prepare and print them out? Are they stuck in a file, never to see the light of day again? If you have been following the last few months’ series on my monthly newsletter, “Basic Accounting
Business records retention is imperative to your small business. If you’re a small business owner, you can choose any record-keeping system that works for you as long as it clearly shows your income and expenses. You can keep your accounting on paper, in spreadsheets, or in an accounting program. Whichever method you choose…you must have
Cut down on your business office supplies cost with discounts, coupons, and even some free office supplies! Business Office Supplies Tips: 1. Shop Online: Most online office supply chains offer free shipping, if you spend a certain amount on your business office supplies. Check discontinued and online specials before heading to the store. Online stores