Tuesday, July 31, 2018

How to Use List Reports: Looking Up Customers, Vendors

In this QuickBooks Online tutorial you'll learn how to use list reports along with:

- Discover some commonly used list reports
- Look up information about your customers, vendors and employees
- Use list reports to find transactions and people you do business with

Saturday, July 28, 2018

Give Yourself More Mental Clarity

Our lives are jam packed these days – and so are our minds. From worries and to-do lists to simply thoughts about work and home, our brains are so jumbled there is no room for what’s necessary, let alone creativity.

When we allow “stuff” to clog our brain power, we lose clarity and focus; and that results in lost opportunity. You must do your best to avoid this, and clear you mind for success and happiness. According to Brian Tracy, the best way to give yourself more mental clarity is to have a plan.

Wednesday, July 25, 2018

The Top Reasons Your Business Will Benefit From Outsourcing Bookkeeping Services

When you are operating a business, you already have a lot of responsibilities on your shoulders. Your main focus is to keep things running smoothly and to make a profit. Maintaining the record books is something that you may not always have time to do. There are plenty of bookkeeping service companies out there that can help make sure you get all of your paperwork done properly so it doesn't pile up.

Even if you have the time to take care of your records, doing so is probably your least favorite task. It is time consuming, it requires you to sort through piles of paper, and you cannot focus on where you are needed when you are stuck behind the desk. By hiring out bookkeeping services, you can take advantage of all the benefits that go along with having someone else take care of this daunting job.

You may have avoided hiring bookkeeping services because you did not want to load up all of your documents and take them to a provider every week. You also could not afford the cost that goes along with having an accountant or professional come to your office. Now, with technology and the Internet, one option is to get all of your bookkeeping done online.

By having someone else take care of your records, you are going to have more time to focus on the rest of your company's operations. This may be the number one benefit to outsourcing this job. You know that time is money and you never seem to have enough of it. The small fee associated with hiring a professional bookkeeping agent is going to be nothing compared to the free time you get out of it.

When you hire a full-time or even a part-time accountant to have on the payroll, you are going to acquire costs that are associated with having an employee. When you outsource your bookkeeping services to one of these online outlets, you are only paying for the services you use when you use them. In the end, you are saving your business a lot of money.

Another reason to outsource your bookkeeping services is so that you have the experience of record keeping working for you. The knowledge that you need involving record keeping will always be available to you without you having to pay the full cost of hiring a professional accountant. This makes you more available to spend the time necessary to properly staff your employees and take care of your work.

An outsourced bookkeeper is going to be able concentrate more on their job when they are located in their own working environment. Instead of an office staff member getting caught up in the busy day-to-day operations of your company, they will be able to spend the time necessary to complete the record keeping work they need done so you get the best results.

You can have an HR manager, secretary, or other employee take care of your records for you. However, this puts more pressure on them and also gives them access to funds and other information you may rather keep private. You can avoid possible fraudulent activity by having a third-party professional keep track of all your paperwork.

The outsourcing businesses that are out there specialize in keeping records. With this being their main focus, they are going to spend the time and resources to get the best software available to do their job. In turn, you are going to receive the benefits that go along with the most updated systems.

There are plenty of benefits to outsourcing your bookkeeping. By becoming aware of what they are you can make a more educated decision on whether it is the best option for your business.

Article Source: http://EzineArticles.com/expert/Matthew_M_James/2187977

Article Source: http://EzineArticles.com/9357990

Sunday, July 22, 2018

How To Send an Invoice with a Pay Now Option | QuickBooks Desktop Payments

QuickBooks Payments lets you get paid the quick and easy way. Email your customers an invoice with a Pay Now option and let them pay you on the spot.

Thursday, July 19, 2018

The Power of Persuasion

Your ability to persuade and influence people to help you get the things you want in life is one of the most important skills you can develop. Learn more from Brian Tracy in this video.

Monday, July 16, 2018

Add a Pay Now Button to Your QuickBooks Invoices

Smart Invoicing from QuickBooks makes it easy to get paid fast, with pay-enabled invoices that let your customers pay their way.

Friday, July 13, 2018

Laurel Glass & Mirror Inc. Case Study

Company : Laurel Glass & Mirror Inc.

Website : www.laurelglassandmirror.net

History : Laurel Glass and Mirror Company established in the heart of Main Street historic Laurel, Maryland in 1983. For the past 35 years, the company has been family-owned and operated and is in its third generation of management. Old-fashioned customer service and friendliness has been the heart of company core values you feel when you walk through the door and are greeted by the family English bulldog. The company provides commercial and residential glass and mirror products, custom cuts, shower doors, storefronts and many other products.

Business Challenge : The company was using QuickBooks Enterprise to manage their business, but were discouraged by the lack of information populating job cost reports to help it determine profitability of commercial and residential projects.

The available job costing reports showed zero costs per job. Raw materials for their custom cut glass jobs were purchased in various large sheet sizes, but sold by square foot. Those costs were not showing in any job costing reports. Annual journal entries made by their accountant to adjust purchases and inventory assets to the end of year inventory count did not provide sufficient real-time data to determine whether or not jobs were profitable, and worse — were not allocated to the jobs completed.

Additionally, labor costs that were a large component of their overall production costs and were not applied to the jobs. Paper timecards for 19 employees were hand-entered and weekly payroll was a chore that took almost a whole day including journal entries.

The company reached out to Turn Key Office for help.

Solution : Based on the client’s goals, we made a conversion to QuickBooks assisted payroll with job costing. We implemented an off-the shelf software product that provides electronic time keeping that is integrated with QuickBooks timesheets and payroll.

Now, employees use their smartphones to simply clock in and out to the work orders. Payroll and timekeeping become a breeze taking only a few minutes. As an added benefit, labor costs are allocated to the jobs, there are no journal entries and no more paper timesheets!

Next, Turn Key Office helped explain how job costing and inventory management goals can be achieved by utilizing units of measure to track sheets of raw materials purchased by the “sheet” and consumed by the square foot. We implemented embedded conversions to the various sheet sizes procured and mapped them to square feet for accurate inventory reports.

We also helped educate the team on the proper use of inventory and non-inventory item types and how job costing is accomplished with each type of item. We made choices of the effective use of each item type based on the type of sales transactions, set up the items appropriately, and made adjustments to represent on-hand quantities.

Conclusion : Now, the books accurately reflect the inventory on hand. And, the management team has the real-time job costing reports it needs to help identify and grow the profitable parts of the business, and they spend much less time on bookkeeping tasks!

Tuesday, July 10, 2018

How to Take Care of Yourself

Today we live in a fast paced world, where everyone around you is constantly bombarding your time and attention. This constant state of hustle can leave you exhausted and burnt out at the end of a week. You must focus on taking care of yourself first.

Saturday, July 7, 2018

How to Record Spending: Transactions, Bills & Payments | QuickBooks Online 2018 Tutorial

In this QuickBooks Online tutorial you'll learn how to record spending along with:

- Learn the different ways I can record my spending
- Choose the way that's best for me
- Teach QuickBooks to record and categorize my spending for me
- When I need to record transactions vs. when QuickBooks can do it for me
- Enter bills (invoices) from vendors who give me time before I have to pay
- Learn the difference between bills, bill payments, expenses, and checks in QuickBooks
- Enter expenses correctly based on the method I choose

Wednesday, July 4, 2018

Sunday, July 1, 2018

Morning Routines of Successful People

Few hours of the day are more important than the early morning hours. These hours when you first wake up set the tone for the rest of the day, affecting your mindset and productivity during all the hours that follow them.

In this video Brian Tracy talks about the importance of these early morning hours and the reason why some of the world's most successful people carefully craft morning routines designed to help them start the day off right and make the most of the hours that follow. If you would like to start each day in the best way possible, consider implementing some of these proven morning routines into your morning schedule.