Quicken Tutorial: Fixing an Overinflated P&L

Quicken is a personal finance software with a lot of bells and whistles.  I, being a numbers gal, have fallen in love with the software for my personal finances.  It also has a Home and Business package, which may be a good solution for a business with a fairly simple setup.  You can customize it […]

Wave Accounting Tutorial – Converting to Cash Method

Wave accounting is an excellent free resource for small business, but it does maintain an accrual based accounting system. However, a large portion of the United States small businesses use cash method as their accounting method, so we need to convert from accrual to cash prior to reporting taxes to the IRS or state. This […]

Wave Accounting Guest Collaborator

Wave Accounting Tutorial – Guest Collaborator

As with any accounting software, there are times you will need to add either a co-founder or accounting professional to view and/or edit your books. This video details how to add, edit, and remove a Guest Collaborator with the free online Wave Accounting Cloud Software. Sign up for Wave Accounting at https://www.waveapps.com/ About the Author […]

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 […]