Separate Home Office

How to Grow a Business While Working Full or Part-Time (Part Four: Keep personal, work, and business separated)

Part Four:  Keep personal, work, and business separated Not only do I maintain that you should always keep a separate bank account for your business (seriously, this is extremely important for so many reasons, and has such low barriers in time and cost, so just do it!), but also keep your time scheduled separately.  I […]

Setting up Password for QuickBooks Desktop (QBDT)

It is important to protect your company bookkeeping file.  That is why it is recommended you have a password for your Admin login.  This prevents an outside party from accessing your books without your permission, prevents local users from making changes to your books, as well as keep internal control and accountability if your books […]

Creating Users in QuickBooks Desktop (QBDT)

You may find as a business owner that as you grow, you need to add additional users to your QuickBooks Desktop file.  This may be an additional partner, employee, bookkeeper, or accountant.  You could have everyone access your file through the Admin login, but best practice would be to set up a new user for […]

Assigning Check Numbers for QuickBooks Desktop (QBDT)

It is easy for busy business owners to start finding little ways to cut out what may be deemed as unnecessary extra steps.  Unfortunately, the consequences of cutting out steps in proper bookkeeping procedures are not always evident.  Assigning check numbers is an easy way to cut back on time later when preparing and provide more relevant […]

15 Tips for Remaining Focused at Work

Great article from Lifehack on keeping that focus going!  Small business owners often have to fight a thousand distractions while personal and work demands overlap.  This provides excellent suggestions on how to block out unnecessary distractions while growing your business. 15 Ways to Stay Focused at Work

Review of SBA blog: 5 factors of audit risk

I have heard clients say before, “If it wasn’t for the IRS, I wouldn’t need a bookkeeper or accountant”.  Of course, this is far from true, as a good accounting system consistent with GAAP (Generally Accepted Accounting Principles) provides consistent, useful financial information for external users (investors, for example) and internal users (owners and managers). […]