Wednesday, December 30, 2020

How to: Your guide to W-2s in QBO for 2020 taxes | QuickBooks Online


2020 has been hard enough, let's help you set up and prepare your W-2s for filing! We will go over how to make sure your company is set up and go through processing your W-2s in QuickBooks Online.

Sunday, December 27, 2020

5 Goal Setting Tips For 2021 | Brian Tracy


2020 was a year of unknowns, challenges, and taking inventory of what's most important to you. Your life may have been put on hold in a lot of ways, but you still have your eyes on the prize. With a new year on the horizon, Brian shares 5 goal setting tips that will help you reach new heights in 2021.

Thursday, December 24, 2020

Happy Holidays!


Wishing you holidays filled with fun and laughter, and very best wishes for a prosperous new year.

Sunday, December 20, 2020

How to Manage Bills with QuickBooks Online


Entering your bills into QuickBooks Online makes it easy for you to keep track of what your business owes. This gives you a more complete view of your business.

Bills are for expenses you plan to pay in the future. They can be something like a utility bill you receive from the power company, or they can be an invoice you receive from a vendor.

Let’s go over how to enter a bill in QuickBooks Online. Then we’ll show you how to pay your bill with a check and how to record the payment if you pay with online banking.

Thursday, December 17, 2020

Can I Retire Early? | Awkward Money Questions


Early retirement may sound like a dream, but it requires some sacrifices. Arielle O'Shea, NerdWallet's investing and retirement specialist, discusses investment strategies and considerations, the FIRE movement, why you should use retirement calculator and more.

Monday, December 14, 2020

How to Build Your Own Charts in QuickBooks Online Advanced


QuickBooks Online Advanced includes the Performance Center where you can find essential reports and built-in charts. You even create your own charts to track specific data to see how your business is growing.

Let’s go over where you find built-in performance charts and also how you can design your own custom charts.

Friday, December 11, 2020

Is Life Insurance Worth It? | Awkward Money Questions


No one likes to think about life insurance, but you also don’t want to end up being a financial burden on your loved ones in case anything happens. Life insurance essentially pays a benefit to your loved ones, which can help replace income or pay off debts when you die.

If you're wondering how much life insurance you might need, which type of insurance is best for your situation or how to go about getting it, follow these tips from Liz Weston, NerdWallet's personal finance expert.

Tuesday, December 8, 2020

How to Run Reports for Custom Fields in QuickBooks Online


With Custom Fields in QuickBooks Online Advanced, you can track your own unique data, like Sales Rep and Project Hours. Once you set them up, you can run reports specifically for your custom fields. 

We’ll go over several ways you can customize your reports based on custom fields.

Saturday, December 5, 2020

What It Takes to Reinvent


"Did you ever see the Friends episode where Ross buys a new couch and tries to squeeze it up his apartment staircase with the help of Joey and Rachel? Maneuvering the couch around the switchbacks of a New York City apartment staircase is no easy task, and Ross ends up famously yelling at his friends with increasing intensity and agitation: “PIVOT! PIVOT! PIVOT!”

That scene pretty much sums up the year we’ve just experienced. After the initial shock in mid-March, there was a nationwide scramble to pivot. Schools suddenly went virtual. Talk show hosts began broadcasting from their bedrooms. To those of us living in New York City, no pivot has been more inspiring than that of our local restaurants.

The brief timeline: On March 16, all dining establishments in the city were forced shut. Shortly after and for the first time ever, those establishments with a liquor license were allowed to deliver food and alcohol. By the summer, thousands of restaurants were allowed to set up tables and offer guests a socially-distant outdoor dining experience. It was incredible to see what these restaurants did amid the circumstances, and those that survived have offered a masterclass in what it takes to reinvent.

Here are just three of the many lessons I learned while living and dining in NYC during the pandemic."

Wednesday, December 2, 2020

Don't Be That Boss: Sayings You Should Never Let Slip


A workplace's success all comes down to communication, so be sure to avoid saying these things to your employees.

Monday, November 30, 2020

How to Build Your Own Charts in QuickBooks Online Advanced


QuickBooks Online Advanced includes the Performance Center where you can find essential reports and built-in charts. You even create your own charts to track specific data to see how your business is growing.   

Let’s go over where you find built-in performance charts and also how you can design your own custom charts.

Sunday, November 29, 2020

5 Ways to Invest in Yourself | Brian Tracy


Every path to success starts with investing in yourself. Many of us spend a lot of our energy focusing on others, but it is important to put our own needs and gains first. In this video, I break down my best tips, so you can learn ways to invest in yourself, that will lead you on the path to success.

Thursday, November 26, 2020

Happy Thanksgiving!

 

"Be thankful for what you have; you'll end up having more."
 —Oprah Winfrey

Tuesday, November 17, 2020

How to Make Your Habits Work for You


"A habit is something that once required conscious effort but has become automatic. It turns out, a large portion of what you do each day is a habit. In fact, more than 45 percent of what you do every single day is a habit.Your brain depends on these cognitive shortcuts to conserve energy. If you have ever driven home on autopilot because you were deep in thought, you were operating out of habit.

You live almost half your life on autopilot. If you are not careful, you can become a slave to your habits, and they can become a way to live life unconsciously, rather than deliberately choosing what you want and creating a path to get there.

Habits can be super helpful. After all, if you had to think really hard about putting on shoes, eating, taking a shower, or getting dressed, you would be exhausted by 9:00 am. Your habits allow you to conserve mental energy."

Saturday, November 14, 2020

How to Build Your Own Charts in QuickBooks Online Advanced


QuickBooks Online Advanced includes the Performance Center where you can find essential reports and built-in charts. You even create your own charts to track specific data to see how your business is growing.  

Let’s go over where you find built-in performance charts and also how you can design your own custom charts.

Wednesday, November 11, 2020

When To Get A Personal Loan (And When Not To!)


When should you use a personal loan? A personal loan — essentially money you borrow from a bank, credit union or online lender and pay back with interest over multiple years — can technically be used for almost anything, but some reasons are better than others.

Personal loans writer Annie Millerbernd dives into two valid reasons to consider a personal loan — and three to reconsider. Later in the video, she provides an important tip for shopping for one.

Sunday, November 8, 2020

How to Manage Bills with QuickBooks Online


Entering your bills into QuickBooks Online makes it easy for you to keep track of what your business owes. This gives you a more complete view of your business.

Bills are for expenses you plan to pay in the future. They can be something like a utility bill you receive from the power company, or they can be an invoice you receive from a vendor.

Let’s go over how to enter a bill in QuickBooks Online. Then we’ll show you how to pay your bill with a check and how to record the payment if you pay with online banking.

Thursday, November 5, 2020

Debt Snowball vs Avalanche Method: Best Way to Pay Off Debt?


What is the best way to pay off debt? In this video, we compare two popular debt payment methods: the debt snowball and debt avalanche methods. It can be challenging to get out of debt, but our expert debt writer Sean Pyles is here to help. Sean weighs in on which method might be better for you — and how your personality can actually factor into the decision. At the end of video, he shares which method he prefers.

Monday, November 2, 2020

How to Build Your Own Charts in QuickBooks Online Advanced


QuickBooks Online Advanced includes the Performance Center where you can find essential reports and built-in charts. You even create your own charts to track specific data to see how your business is growing.  

Let’s go over where you find built-in performance charts and also how you can design your own custom charts.

Wednesday, October 28, 2020

Retirement Plans Explained: 401(k), Roth IRA, and More.


Saving for retirement is great, and there are many types of retirement accounts that can help you get there. This is a high-level guide to some of the most common retirement plans out there, including an employer-sponsored (401)K, IRA and more. 

NerdWallet editor Arielle O'Shea shares the basics of each type of retirement account so that you can make an informed decision about how (and where) you want to save for retirement.

Sunday, October 25, 2020

What To Do When You’re Feeling Unproductive | Forbes


If you’ve felt less productive lately, you’re not alone.

According to a Thrive Global survey, over 75% of employees feel overwhelmed and significantly less productive due to working from home and pandemic-related distractions. Our focus and sleep have suffered, and despite working longer, we’re finding it tough to make progress in this chaotic environment, so we also feel frustration and guilt.

In trying times like these, here’s what to do when you’re feeling unproductive.

Thursday, October 22, 2020

How to Use Enhanced Custom Fields in QuickBooks Online Advanced


You can use enhanced custom fields in QuickBooks Online Advanced to track anything you want, such as the sales rep responsible for a sale, customer number, or the beginning and ending dates of work on a job.

As an example, we’ll go over setting up sales reps, and then show you how to run a report to find the total sales for each sales rep.

Monday, October 19, 2020

Emergency Funds: How Much To Save & How To Get Started


Wondering how much to save in an emergency fund? Sure, building an emergency fund may not be as exciting as saving for a dream vacation, but it is an essential part of creating financial security. It's there for you if you suddenly lose your job or face an unexpected expense. So instead of putting it off, learn how much to save in your emergency fund, how to get started, and more.

Sunday, October 18, 2020

How to Build Your Own Charts in QuickBooks Online Advanced


QuickBooks Online Advanced includes the Performance Center where you can find essential reports and built-in charts. You even create your own charts to track specific data to see how your business is growing.  

Let’s go over where you find built-in performance charts and also how you can design your own custom charts.

Tuesday, October 13, 2020

How to Budget During the Pandemic


For many people, the pandemic has shifted how they live, work and manage their finances. Even for those who haven't lost their jobs or income, there is still uncertainty about what’s to come. 

Regardless of your situation, Kimberly Palmer, NerdWallet's personal finance expert, has tips on how to approach budgeting during this time. She discusses the best way to approach spending and saving, how to prioritize expenses if you’re struggling and money goals to aim for if you’re still doing OK financially.

Sunday, October 11, 2020

How to Be Optimistic During Challenges | Brian Tracy


We all face challenges, but it is our reaction to those challenges that determine how quickly we can overcome them. Your ability to find an optimistic view of challenges will impact your overall success, so to ensure you know how to be optimistic during hardships keep watching this video.

Thursday, October 8, 2020

How to connect Salesforce to QuickBooks Online Advanced


If you use Salesforce to manage your sales and customers, you can easily sync your opportunities with QuickBooks Online Advanced so your sales cycle flows seamlessly.

We’ll go over how to connect Salesforce to QuickBooks and then get closed opportunities into QuickBooks as draft sales forms.

Thursday, October 1, 2020

How to Use Enhanced Custom Fields in QuickBooks Online Advanced


You can use enhanced custom fields in QuickBooks Online Advanced to track anything you want, such as the sales rep responsible for a sale, customer number, or the beginning and ending dates of work on a job. 

As an example, we’ll go over setting up sales reps, and then show you how to run a report to find the total sales for each sales rep.

Monday, September 28, 2020

5 Ways to Save Money | Brian Tracy


When finances are tight, stretching your budget further to save money can sometimes feel like a real challenge. If you are abiding by a strict budget, saving money will require out of the box techniques or an additional source of income. Watch this video to learn 5 Ways to Save Money now

Friday, September 25, 2020

How to Set Up and Use Projects in QuickBooks Online


If you have QuickBooks Online Plus or Advanced you can use Projects to track income, material costs, and labor expenses specific projects. 

Let’s go over how to set up projects in QuickBooks and then how to assign income and costs to a project. We’ll also cover how to add labor costs to your project both for companies that use QuickBooks Online Payroll and those that don’t.

Tuesday, September 22, 2020

Do You Have Fortitude?


Fortitude, as I define it, is the strength of mind that enables a person to experience adversity with courage. If you look up definitions of the word, you’ll find “courage through adversity” or “resolute endurance.” While I think those versions are accurate, I don’t believe they fully encapsulate what the term truly means.   

Fortitude is having the mindset that if you keep showing up, you’ll be rewarded for your efforts.

Saturday, September 19, 2020

How to Backup and Restore Your Data in QuickBooks Online Advanced


QuickBooks Online Advanced is the only online plan that includes the Online Backup and Restore feature at no additional cost. This feature helps you maintain backups of your company’s info so you can undo changes and fix mistakes. 

Let’s go over how to turn on automatic backups and how to restore your company to a previous date and time.

Sunday, September 13, 2020

How to Upload Transactions Manually in QuickBooks Online


If you can, it’s best to connect your bank or credit card to QuickBooks because then QuickBooks automatically downloads your transactions for you.

However, that’s not possible for some banks. Or, you may want to add some older transactions to QuickBooks. In those cases you’ll need to download the transactions from your bank and then upload them to QuickBooks.

Let’s go over how to upload transactions for a new account and then how to upload more transactions in the future.

Friday, September 11, 2020

How Working From Home Affects Your Taxes | Forbes


With big name companies extending work-from-home until the end of the year, next summer, or as an option for a growing number of workers, forever, ad hoc accommodations no longer seem sufficient—on either a personal, or a tax policy level.

Increasingly, the lines between employees and independent contractors (or freelancers) are becoming blurred. To be clear, you are not self-employed just because you are working from home. If you are receiving a paycheck from an employer, and those wages will be reported to you and to the Internal Revenue Service on a W-2, you are an employee. Working from home is not enough, on its own, to make you an independent contractor receiving a 1099. Why does it matter? As a result of the Tax Cuts And Jobs Act (TCJA), a.k.a., the Trump tax cuts, for the tax years 2018 through 2025, you cannot deduct home office expenses if you are an employee. There is no hardship exemption or coronavirus waiver. It's a very bright-line rule: employees who work from home can no longer claim the home office deduction. The reason you are working from home does not matter to the IRS.

It's not just the home office deduction that is creating confusion among those working from home. Employees who normally work in an office in one state, but live (and are now working from) another may be facing additional tax-filing complications. Bottom line: there is currently no national standard for the withholding, filing and payment of state income taxes for employees who work in more than one state or work in one state and live in another. That means you may have tax requirements where you typically work as well as where you live. Usually, you can sort that out via withholding, tax agreements, and credits.

So what if working at home in one state when your company is in another state means that you're subject to tax in both places? If either state has a physical presence rule (most states do), figuring the split between the two can be confusing. Typically, you may have too much tax withheld from your paycheck for your nonresident state and not enough for your resident state.

Monday, September 7, 2020

How to Manage Inventory in QuickBook Online


If you are using QuickBooks to manage your inventory, then you can order new inventory whenever you are running low.

In this tutorial, we'll go over how to order and account for new inventory using a purchase order. Then we’ll go over what to do when you receive your new inventory. Finally, you’ll see how to make adjustments to your inventory if QuickBooks thinks you have more or less than you really do.

Friday, September 4, 2020

Payroll Tax Deferral Program Risks and Concerns to Be Aware Of


Dan Geltrude, Geltrude & Company Founder and author of Positive Financial Karma joins the On the Move panel to discuss the Payroll Tax Deferral program and the impact it will have on your paycheck.

Tuesday, September 1, 2020

How to Create Inventory Products in QuickBooks Online


If you have QuickBooks Online Plus or Advanced, you can manage all your inventory products with QuickBooks. Inventory products are items you want to be able to track the exact quantity of. This gives you better sales info and keeps track of your stock. To do that you’ll first need to create inventory products in QuickBooks. Let’s go over how to do that. Note that it is best to set up your sales tax first before doing this.

Saturday, August 29, 2020

Wednesday, August 26, 2020

QuickBooks MythBusters


Focused on our mid-market suite, this video talks about common misconceptions regarding QBO and QB Desktop accounting solutions and encourages partners to sign up to join our QuickBooks Solution Provider Program.

Sunday, August 23, 2020

6 Do's and Don'ts of Public Speaking


Whether you are a public speaker or hoping to become one, knowing the do's and don'ts will help you monumentally in your career. With the right strategies under your belt, you are guaranteed to deliver an incredible speech. Watch this video for public speaking tips you won't want to miss.

Thursday, August 20, 2020

How to Use the Cash Flow Planner in QuickBooks Online


The Cash Flow Planner uses your QuickBooks data and connected accounts to help you plan your future cash flow. Let’s go over what this tool does and how to use it to get a complete picture of your cash flow so that you can make informed decisions about spending and bringing money in.

Monday, August 17, 2020

What It Means to Be Accountable


How do you hold yourself accountable, when someone else can't? I don't believe that it's about holding yourself accountable. I believe it's about being accountable.

Accountability is keeping your commitments to people. You're responsible for things, but you're accountable to people. If you're working from home or working on a side gig, well, you have things you need to get done. Those are your responsibilities. Accountability, keeping commitments to people, is based on a series of relational commitments, not tactical commitments.

Friday, August 14, 2020

How to Export QuickBooks Desktop Company files to QuickBooks Online


When you make the move to QuickBooks Online, you can bring your company’s info with you. Your customers, vendors, transactions, and more, are copied to your new file in the cloud. Let’s go over how to prepare your data for the move and then copy it to your new QuickBooks Online account.

Tuesday, August 11, 2020

How to be More Focused at Work | Brian Tracy


The modern era has brought an unlimited source of distractions to the workplace. Staying focused at work seems to be a struggle for so many people. If you are looking to improve your productivity in this distraction-filled world, keep watching for how to be more focused at work.

Saturday, August 8, 2020

How to Add Employees to Payroll in QuickBooks Online


The first step in setting up your payroll in QuickBooks Online is to add your employees. Let’s go over how to do that including pay rates, W4 information, deductions, pay schedules and how you’ll pay your employees. Then we’ll talk about what to do next depending on whether you have already paid employees this year or not

Wednesday, August 5, 2020

3 Reasons Hard Work Does Not Always Lead to Success | Brian Tracy


It can be hard to accept sometimes that just working hard is not enough. Success comes to those working hard on the right things, in the right order, on a specific goal. If you're looking to achieve your goals and create a plan for success to get you there, watch this video and follow these tips now.

Sunday, August 2, 2020

How to Pivot Your Business & Generate Revenue | Ask The Expert


Katie Sturino is an entrepreneur, body positivity advocate and founder of MEGABABE - an innovative beauty brand offering non-toxic, solution-oriented products what allow people to feel more comfortable and confident in their own skin.

Thursday, July 30, 2020

Finding Your Voice


If you Google “how to find your voice,” the search engine will display about 1,710,000,000 results in less than .53 seconds. That is almost 2 billion suggestions of how to speak your truth from sources outside yourself. Now more than ever, it is crucial to operate from a place of alignment and authenticity in our personal and professional lives, and the truth is… you’re the only expert there is on what that means for you.

In my own life, this became very clear when I felt it was time to leave a Fortune 500 company, but I also couldn’t bring myself to take any of the four silver-platter alternative offers—so instead, I decided to start my own business. Seventeen years later, I’m beyond grateful to myself for taking the risk and letting that inner whisper become a full-volume life.

The best way I’ve found to connect to your own truth is to take care of yourself and then get out of your own way. In the words of American saxophonist Branford Marsalis, “Do your homework and your voice will find you.”

1. Take your M.E.D.S.
If you’re pouring from a less-than-full cup, you’re showing up in your life with less-than-full effort. Mental health, physical health and self-confidence are all interconnected. Prioritizing meditation, exercise, a healthy diet and quality sleep is the best way to set yourself up for success and self-awareness.

2. Celebrate small wins.
Most of us tend to hold off treating ourselves until we’ve accomplished something over the top, or reserve personal celebrations for that one day of the year we grow older. Taking the time to honor your efforts will accrue valuable emotional deposits (or as I like to call them, EROI: emotional returns on investment), as well as establish great reflection points to track your progress.

3. Reflect on what went right.
We’re evidence-based beings. If you adjust your focus to what you’re proud of, or what you did “right,” you’ll start to see two beautiful side-effects: First, you will begin to cue-in to similar experiences, and then, build confidence by reiterating your ability.

New York Times best-selling author Kris Carr has said, “It’s not about finding your voice, it’s about giving yourself permission to use your voice.” By taking care of yourself and celebrating your capabilities, you can connect to what is true for you, share that truth and operate above the noise.

If I could leave you with one last piece of advice that my own mentor shared with me recently, he said, “You do not have to compromise to be recognized.” Your voice is important and worthy of being heard.

Now that you know how to find your voice, watch the full video to learn how you can use it!

Monday, July 27, 2020

How to Set Up Invoice Approval Workflows in QuickBooks Online Advanced


With QuickBooks Online Advanced, you and your team can send invoices to customers at any time. 

Sometimes you want a little more control over when invoices are sent, especially when they’re for large amounts or sent to special customers. In QuickBooks Online Advanced, you can set up an invoice approval workflow so your team can create invoices and all your leads need to do is approve and send them off. Let's go over how to set up invoice approvals and what it looks like when an invoice needs to be approved.

Friday, July 24, 2020

Do We Need a Joint Bank Account? | Awkward Money Questions


Deciding whether or not to combine finances can be one of the biggest decisions couples face. Kimberly Palmer, personal finance expert at NerdWallet, explores the pros and cons of opening a joint bank account and gives couples tips for approaching the topic.

Tuesday, July 21, 2020

What is Payroll? An Introduction to Payroll in 2020 | Presented by QuickBooks Payroll


CPA Tyler McBroom breaks down the essential components that go into keeping payroll, calculating payroll & processing payroll for your business.

Saturday, July 18, 2020

Can I Retire Early? | Awkward Money Questions


Early retirement may sound like a dream, but it requires some sacrifices. Arielle O'Shea, NerdWallet's investing and retirement specialist, discusses investment strategies and considerations, the FIRE movement, why you should use retirement calculator and more.

Wednesday, July 15, 2020

10 Expert Tips to Stay Payroll Compliant in 2020


Follow these expert tips to ensure your payroll records are organized, accurate, and compliant with all current payroll legislation.

Sunday, July 12, 2020

How to Create a Resilience Reset


The global pandemic has shifted the way we live and work. But now we have a unique resilience building opportunity.

Thursday, July 9, 2020

How to Set Up Sales Tax in QuickBooks Online


If you sell taxable products or services, QuickBooks helps you track how much sales tax to charge. If you use this feature, you should know how much you need to pay when you file your state and local sales tax. Let’s go over how to set up sales tax.

Monday, July 6, 2020

3 Things the Pandemic Taught Me About Planning


Am I writing this piece from my favorite neighborhood lunch spot? No, because it’s closed. Instead I am writing it from my New York City apartment bedroom. Am I writing this article while my kids are at school? No, because school is closed. Am I even a writer anymore? Probably not. I spend most of my time trying to teach writing, to my second- and third-grader, because now I am a homeschool teacher.

You felt it too, I know. March came in like a lion and devoured the lamb. Any plans you thought you had were canceled or postponed indefinitely. I remember stressing out because we had tickets to see Sarah Jessica Parker and Matthew Broderick on Broadway but had three babysitters in a row cancel because their colleges sent them home early. How would we see the show?! Oh, nevermind, Broadway was canceled too.

And while every day, especially in New York City, is different… here are three things the pandemic taught me about planning.

Friday, July 3, 2020

How to Run Payroll & Set Up Direct Deposit in QuickBooks Online


This video will go over how to run a payroll using QuickBooks Online Payroll. We’ll also show you how to change an employee from a paper check to direct deposit.

Tuesday, June 30, 2020

How To Make Working From Home More Sustainable For The Long-Term | Forbes


While the timeline to return to the office for other industries and locations remains unclear, many people are slowly realizing that they’ll be working from home a lot longer than they had originally planned. If you are in this position, here are three tips to help you assess and tweak your current routine to create a sustainable plan for working from home going forward.

Saturday, June 27, 2020

How to Add Accounts to Your Chart of Accounts in QuickBooks Online


While you can automatically add most bank and credit card accounts to your chart of accounts when you connect them to the online banking feature, there are some accounts that you might need to add manually. Things like loan accounts or asset accounts. Or maybe you just want to track a smaller savings account manually and not deal with the individual transactions. Let’s go over how to manually add an account to your chart of accounts and why the opening balance is so important. Then we’ll go over how to add multiple accounts at the same time.

Wednesday, June 24, 2020

What To Do When You’re Feeling Unproductive | Forbes


If you’ve felt less productive lately, you’re not alone.

According to a Thrive Global survey, over 75% of employees feel overwhelmed and significantly less productive due to working from home and pandemic-related distractions. Our focus and sleep have suffered, and despite working longer, we’re finding it tough to make progress in this chaotic environment, so we also feel frustration and guilt.

In trying times like these, here’s what to do when you’re feeling unproductive.

Sunday, June 21, 2020

How to Set Up & Pay Payroll Taxes in QuickBooks Online Payroll


QuickBooks Payroll files and pays your payroll taxes on your behalf. Let’s go over how to set that up. We’ll go over how to add your business tax information, how to connect your bank so you can pay electronically and how to e-sign your tax authorization forms.

Thursday, June 18, 2020

3 Tips That Can Positively Change Your Day


Despite life's challenges, there's power in knowing you have the freedom to design it as you wish. According to James Whittaker, you should exercise this power as soon as you wake up, letting your gratitude for life guide you toward your daily purpose.

Monday, June 15, 2020

Why Goal Setting Has Never Been More Important | Brian Tracy


While many of us are staying home due to the pandemic, you may feel unmotivated and uninspired, but this is the time to cultivate new habits and behaviors. With more time and fewer distractions, personal goal setting will help you reach your goals and focus on personal development.

Friday, June 12, 2020

Tuesday, June 9, 2020

How To Reopen Your Restaurant Safely | Forbes


With restaurants reopening across America, here’s what owners, staff, and customers need to know in order to serve and dine safely.

Saturday, June 6, 2020

How to Set Up Auto Payment Reminders in QuickBooks Online Advanced


Reminding customers to pay overdue invoices is hard to manage and easy to forget to do even though it is vital to your business. QuickBooks Online Advanced helps solve that problem with Workflows. This video will show you how to set up a workflow that automatically reminds your customers when they are late, or almost late, on a payment. We’ll also show you how you can customize each step so you can control what gets sent out when.

Wednesday, June 3, 2020

How To Reopen Your Business Or Office Safely | Forbes


With offices opening reopening across America, here’s what business owners and employees need to know before returning to work.

Sunday, May 31, 2020

Small Business Survival Tips and Ideas | Ask the Expert


In these extraordinary times, small businesses are finding new and creative ways to run their operations. How they manage through this new normal - which is anything but - will determine their business continuity in the short-term and success in the long-term.

Thursday, May 28, 2020

How to Stand Out From the Competition


So, how do you stand out from the competition? Well, there are 7.6 billion people on the planet, and there's one thing that brings us all together: The fact that we're all totally and utterly unique. We just have to embrace our uniqueness.

No matter what you do, if you want to stand out from the competition, the key is to look back on your past, because your past is the key to your differentiator. Look at what has happened in your past and your story, it doesn't have to relate to what your business is, so that you can get to your soul and you can get to your own journey, because no one else has ever walked in your shoes.

Once you can get clarity on that, a little light bulb will go off where you can see how that links to what you do. And as you see how that links to what you do, start introducing that to your career.

Monday, May 25, 2020

How to Stay Productive During Any Crisis | Brian Tracy


During a crisis, you may have the misconception that everything is beyond your control, but one thing will always be in your control; becoming the best possible version of yourself and focusing on your goals. If you find it difficult to adapt in times of crisis, here are tips to stay productive.

Friday, May 22, 2020

How to Add Vendors to QuickBooks Online


You can easily keep track of who your business owes money to by adding your vendors to QuickBooks Online. Let’s go over the vendors list, and how to add vendors to QuickBooks. You can add them one at a time or in bulk from a spreadsheet.

Tuesday, May 19, 2020

What to Look for in an Accountability Partner


It's critical to have people in our lives that help us stay on track. So what does an accountability partner look like? There are three things that we need to know about our accountability partner:

We need to know what their purpose is, we need to know what their mission is, and we need to know what their values are, and just because someone's a relative or a good friend, doesn't mean that they're going to be a great accountability partner. You have to have the ability to forgive, to understand, to share and help each other in the most difficult of times by making sure that your accountability partner is on purpose, on mission and living their values.

Saturday, May 16, 2020

Affirmations to Help You Stay Positive in a Crisis | Brian Tracy


Have you considered using positivity to aid in crisis management? It can be challenging to keep a positive attitude during trying times, but this video will teach you how to maintain positive motivation. Here are some daily affirmations to stay calm that will change your life during a crisis.

Wednesday, May 13, 2020

How to Categorize Transactions from Your Bank or Credit Card in QuickBooks Online


Once you’ve connected your bank account to online banking in QuickBooks, QuickBooks downloads your recent transactions every day. All you need to do is review each transaction, categorize them into the correct account on your chart of accounts, and then add them to QuickBooks.

Let’s go over how to review the transactions downloaded from your bank, how to categorize them, and how to add them to QuickBooks.

Sunday, May 10, 2020

Happy Mother's Day!


A Mother is she who can take the place of all others, but whose place no one else can take.

Monday, May 4, 2020

How to Give Customers Credit in QuickBooks Online


You can easily issue credit to your customers in QuickBooks Online. You might want to do this because you need to reduce a customer's invoice for some reason. Or you might want to give a customer credit because they are a good customer.

Note that the difference between credit and a refund is a refund happens when you need to send money back to a customer. A credit is when you want to reduce what they owe you - either now or in the future.

To give customers credit, you’ll create a credit memo. Let’s go over how to create a credit memo, send it to a customer, and then apply that credit to an invoice.

Friday, May 1, 2020

5 Reasons You're Not Achieving Your Goals | Brian Tracy


Do you want to learn how to set goals and create an action plan? People do not achieve goals when they are too vague, not measurable, achievable, or relevant to their life. Prioritize your personal growth and find out the 5 reasons you are setting goals and not achieving them.

Tuesday, April 28, 2020

How to Manage Your Bills with QuickBooks Online


Entering your bills into QuickBooks Online makes it easy for you to keep track of what your business owes. This gives you a more complete view of your business.

Bills are for expenses you plan to pay in the future. They can be something like a utility bill you receive from the power company. Or they can be an invoice you receive from a vendor.

Let’s go over how to enter a bill in QuickBooks Online. Then we’ll show you how to pay your bill with a check or how to record the payment if you pay with online banking.

Saturday, April 25, 2020

Create a Positive Company Culture for Remote Teams | Brian Tracy


Do you want to create a positive company culture? Setting expectations for communication, sharing company values, implementing rituals, and utilizing remote working tools will help with culture in a remote setting. Here are tips for creating a positive culture for remote teams.

Sunday, April 19, 2020

How to Create Invoices in a Batch in QuickBooks Online Advanced


Let's talk about an easy way to speed up your daily bookkeeping. If you have a lot of invoices to record, you don't need to enter them one at a time. In QuickBooks Online Advanced you can use Batch Invoicing to speed up your data entry and record multiple invoices at the same time.

We'll go over two ways to use the Batch Invoicing tool: how to record multiple separate invoices at once and how to make copies of one invoice that you can send to more than one customer at a time. 

Note that this feature is only available in QuickBooks Online Advanced.

Thursday, April 16, 2020

Monday, April 13, 2020

How to Set Up Company Settings in QuickBooks Online


Company settings is where you enter basic info about your business, like your contact and tax information. This info is used when you communicate with customers and vendors from QuickBooks. 

Let’s go over how to add your logo, and record things like your business address and phone number so they’ll be included in communications.

Friday, April 10, 2020

5 Tips for Leading a Remote Team | Brian Tracy


Finding yourself forced to manage a team remotely that you are accustomed to managing in-person can present a number of unforeseen challenges. It's essential to plan ahead and develop a strategy to help maintain work efficiency . Here are 5 tips for leading a team while working remotely.

Tuesday, April 7, 2020

Introducing QuickBooks Cash Flow


Effortlessly manage your business finances, forecast your cash flow, and get actionable insights, in QuickBooks Cash Flow.

Saturday, April 4, 2020

5 Productivity Tips for Working from Home | Brian Tracy


Many of us are now working from home during these uncertain times. It is important now, more than ever, that you remain productive while working from your home office. To remain as productive as possible, here are five useful tips you can use to be productive while working from home.

Wednesday, April 1, 2020

Don't Be That Boss: Sayings You Should Never Let Slip


A workplace's success all comes down to communication, so be sure to avoid saying these things to your employees.

Sunday, March 29, 2020

How to Set Up Advanced Settings in QuickBooks Online


Advanced settings has many features that can have a big impact on how QuickBooks works for your company. For example, you can change report settings, set up classes to track sales and expenses in specific locations, and turn on different automation features. Let’s go over advanced settings so you can decide what works best for you.

Thursday, March 26, 2020

7 Ways Your Morning Routine is Killing Your Productivity | Brian Tracy


The way you begin each morning has a major impact on the rest of your day. While many morning routines can positively impact your motivation and productivity, other habits can drain them. Here are 7 things you might currently be doing, or not doing, that are destroying your productivity.

Monday, March 23, 2020

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 have 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 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!

Friday, March 20, 2020

How to Set Up Your Sales Settings in QuickBooks Online


QuickBooks has some useful settings to help you keep track of your sales.

Let’s go over the options and settings so you can decide what QuickBooks tracks when you record a sale, turn on time saving features like automated late fees for unpaid invoices, and customize your messages to customers.

Saturday, March 14, 2020

How to Manually Add Accounts to Your Chart of Accounts in QuickBooks Online


There are some accounts you might need to manually add to your chart of accounts in QuickBooks Online such as loan accounts or asset accounts. You may just want to track a smaller savings account manually and not deal with the individual transactions. Let’s go over how to manually add an account to your chart of accounts and find out why the opening balance is so important.

Wednesday, March 11, 2020

5 Ways to Stay Motivated at Work | Brian Tracy


If you're like most people, there are probably days where you show up to work feeling a little unmotivated and uninspired. But if you wish to move up in your job and career you must continue to push yourself to do better work. Here are 5 tips that you can use to help you stay motivated at work.

Sunday, March 8, 2020

How to Use Enhanced Custom Fields in QuickBooks Online Advanced


You can use enhanced custom fields in QuickBooks Online Advanced to track anything you want, such as the sales rep responsible for a sale, customer number, or the beginning and ending dates of work on a job.

Thursday, March 5, 2020

Monday, March 2, 2020

How to Pay Expenses w/ Owner Funds in QuickBooks Online


Small business owners often contribute to their business by purchasing things with their own funds. Let’s go over how to record this in QuickBooks. We're going to record the expense and then credit that same amount to the owner's investment account, all using an expense form. We’ll also show you how to reimburse the owner if you need to.

Friday, February 28, 2020

6 Ways to Motivate Your Team | Brian Tracy


If you are in charge of a group of employees, then chances are you know it can sometimes be hard to motivate a team to produce their best work. Here are 6 tips and tricks that you can use to become a more powerful motivator and raise your team to new levels of success!

Tuesday, February 25, 2020

How to Set Up Your Expense Settings in QuickBooks Online


QuickBooks has features to help you keep track of your expenses. Let’s go over the options and settings that let you see your profitability from different angles, such as by project or for your business overall.

We’ll go over your options for tracking expenses and turning on purchase orders.

Saturday, February 22, 2020

How to Make Faster Decisions | The Way We Work, a TED Series


In a world of endless reviews and options, it's easy to become paralyzed by indecision. Investor and writer Patrick McGinnis shares the dangers of "FOBO" -- the fear of better options -- and how to overcome it.

Wednesday, February 19, 2020

10 Productivity Tips to Help You Reach Your Goals | Brian Tracy


What is your biggest obstacle when it comes to reaching your goals? Boosting your productivity may be all you need to reach new heights. If you are looking for a few simple ways to be more productive and efficient with your time, check out these ten productivity-boosting tips.

Sunday, February 16, 2020

How to Mark Expenses as Billable in QuickBooks Online


This video will go over how to make expenses billable in QuickBooks so you can charge your customers for them later. You’ll see where to turn this on in QuickBooks and then how to mark expenses as billable. We’ll show how to do this both for accounts connected to QuickBooks and for expenses you enter manually.

Thursday, February 13, 2020

Case Study for Carefree Recreation Boat Club

At Turn Key Office, we delight in using QuickBooks as a component tool of a more comprehensive business solution. We take pride in understanding our clients’ unique business challenges and in implementing solutions that often extend well beyond the basic capabilities of QuickBooks. The case studies below illustrate some of these challenges and solutions for vastly different industries.



Company: Carefree Recreation Boat Club

Website: www.carefreeboats.com

History: Carefree recreation offers annual membership and access to a wide variety of recreational boats in marinas throughout the United States. Their slogan: “Boating without Owning! It’s about Time” says it best, as clients throughout the United States enjoy all the benefits of being a boat “owner” without the maintenance, storage fees, insurance and hassle of owing, weather and docking. For a reasonable monthly fee, members can enjoy premium access to boats at a time and location of their choosing.

Business Challenge: To maintain member billing, the owners Jessie Clark and Doug Zimmerman kept membership start/stop dates in a spreadsheet and manually entered monthly invoices into QuickBooks. Each month, the member’s service expiration date is checked and an invoice mailed for the monthly dues if appropriate. Each payment was processed through Intuit payment network if the member had a payment method on file.

In addition to being time-consuming, the owners felt they were held captive to Intuit merchant prices and wanted to make sure the merchant fees they were paying were market-competitive.

Another challenge Jessie and Doug faced was how to delegate bookkeeping tasks on payables without delegating check-signing authority. Like many business owners, controlling who, when and how much vendors are paid is an important part of managing cash flow and preventing fraud. They desired a more flexible solution that would also accommodate travel and temporary relocation overseas and examine vendor invoices before making payments. In short, they needed to make sure they remained an effective and integral part of the day-to-day activities of their business while they could not be in the office.

They turned to Turn Key Office for help.

Solution: Based on the growth of her business, we converted the company data file to QuickBooks Enterprise on our back office server so Jessie and Doug could have 7×24 access from any internet connection. Instead of a spreadsheet, the monthly memberships were set up as memorized transactions with expiration dates set up for each member so invoices would automatically generate for the right periods and amounts.

Additionally, we helped set up Intuit Bill Pay and established a dedicated email box for their vendor invoices. Turn Key Office staff is able to post the payables each week, and add electronic images of all bills received to the bill copy in QuickBooks. Jessie and Doug retain full control (via a secure PIN) over which vendors are paid – when – and how much. As an added bonus, bookkeeping is minimized because payments are posted directly into QuickBooks immediately as they are paid.

Next, we looked at the merchant solution. We love the integration of merchant payments with QuickBooks and its ability to eliminate redundant data entry. However, the solution does not allow clients to shop for competitive merchant providers. We located and implemented a third-party software solution called Fi-Soft that drops payments seamlessly into QuickBooks, but “back-ends” into any merchant using a compatible gateway. Thus, we were able to create the best of both worlds – merchant integration with QuickBooks, virtually zero data entry, and competitive rates. As an added bonus, the solution helps with security because NO sensitive payment data is stored on the host network or in the QuickBooks file.

Conclusion: Jessie and Doug now have peace of mind they are able to manage all of their payables, billing and competitive merchant fees with one platform. The platform accommodates their busy schedules allowing them to travel and manage marinas throughout the country. Payables and client payments “auto-post” and are up to date in real-time. Their effectiveness using hosted QuickBooks with Intuit Bill Pay and Fi-soft integration allows them to focus on other important aspects of growing their business.

Monday, February 10, 2020

Why You Need Clarity to Achieve Your Goals


Clarity is everything. Clarity is power. If you don't know exactly what you want, how are you going to get it? You can't hit a target that you can't see.

So a great mantra to live by when you're unclear is this: Clarity comes from engagement, not thought. 

This means that you aren't going find answers in your head, sitting on your couch, making pros and cons lists. You need to get out there, you need to take action, and you need to engage physically. That's when you're going to feel your way to your truth and to your clarity.

Friday, February 7, 2020

How to Track Time w/ TSheets in QuickBooks Online Payroll


Both QuickBooks Online Payroll Premium and Elite come with TSheets to track employee time. This video will go over how to invite employees to TSheets, so you can track their time, see who’s working, and then approve timesheets when it’s time to run payroll.

Tuesday, February 4, 2020

How to Become a Problem Solver | Brian Tracy


Problems are an unavoidable fact of life. They will never end; they only vary in size and importance. Instead of feeling overwhelmed, learn to control your response to the problems that come your way. Watch today's video for tips on how to become a master problem-solver.

Saturday, February 1, 2020

How to Create a Sales Receipt | QuickBooks Online Tutorial


This video covers how to create a sales receipt in QuickBooks. We’ll also show you how to use the undeposited funds account, so you can group transactions together into a single deposit to match your bank records. Note that if a customer pays you for their purchase right away, you record a sales receipt. But if they‘re going to pay you later, then you create an Invoice. We’ll go over that in a separate video.

Sunday, January 26, 2020

Turn Key Office Services: Consolidated Reporting



Turn Key Office can provide custom solutions for correlating and reporting financial data among multiple independent QuickBooks files. QuickBooks Enterprise provides some limited financial reports that will consolidate across separate entities, but those reports are “pre-canned” and may not provide the specific information or filter capability you need.

We have experience deploying custom software solutions to provide specific reports unique to your portfolio of businesses. Reports that can present meaningful management data across thousands of available data fields and unlimited numbers of QuickBooks files.

Please contact us for a complimentary 1 hour consultation and a quotation for your custom reporting project.

Thursday, January 23, 2020

Job Costing for Professional Service Firms | QuickBooks Enterprise


Get high-level insights—like which projects bring in the most revenue—at a glance. Integration with TSheets makes for easy time tracking for your employees—no matter where they are. Special reports like billed vs. unbilled labor help ensure you’re re-billing every hour to clients and nothing slips through the cracks. Enterprise with job costing for professional service firms helps you make better decisions, get paid faster, and grow your business.

Monday, January 20, 2020

KOL Foods, Inc Case Study

At Turn Key Office, we delight in using QuickBooks as a component tool of a more comprehensive business solution. We take pride in understanding our clients’ unique business challenges and in implementing solutions that often extend well beyond the basic capabilities of QuickBooks. The case studies below illustrate some of these challenges and solutions for vastly different industries.



Company : KOL Foods, Inc

Website : www.kolfoods.com

History : KOL Foods formed in 2007 with a groundbreaking effort to produce the first kosher, organically raised, local, grass-fed meat. Founder and CEO, Devora Kimelman-Block, established a three-pronged partnership with a synagogue in Washington, DC, a slaughterhouse and a local farmer to produce the meat. Scores of kosher consumers, who until then could only buy kosher meat raised in confinement, were eager for this product. In just its second offering, the company generated sales for more than 2400 pounds of beef though a single email. Jews from 14 different area synagogues, ranging from Reform to Conservative to Orthodox, purchased this meat.

Today KOL Foods ships to the entire continental United States and produces the only domestic, 100% grass-fed, kosher beef and the only organic-fed, pastured, kosher chicken and duck in the United States. Each and every day, they strive to be the most transparent kosher meat company on the planet. That way, customers don’t have to choose between eating according to their values and keeping kosher.

Business Challenge : KOL Foods quickly outgrew QuickBooks Premier as they added scores of new clients, products to their custom-designed website and as word-of-mouth spread.

In addition, her current bookkeeper used QuickBooks Premier, so Ms. Kimelman-Block had no real-time access to payables to predict cash flow and manage her vendor payments. Data files were transferred from the bookkeeper, to Ms. Kimelman-Block and then to the CPA and back. Cash flow management was not available. Vendor payments were completed with hand-written checks, and then sent to the bookkeeping service for entry.

Most importantly, there was no integration between their custom designed website order system and QuickBooks, so Ms. Kimelman-Block had to rely on insufficient and untimely data to make decisions about inventory to meet her clients’ needs. Her prior bookkeeping service hand-entered every order from the website into QuickBooks. With orders as high as 50,000 items in a single month, her current bookkeeping procedures left her books six months in arrears.

She reached out to Turn Key Office LLC for help.

Solution : Based on the growth of her business, we converted her data to QuickBooks Enterprise on our back office server and setup Intuit Bill Pay.

We provided a dedicated payables email box for her vendors so that our back office team could post all of her payables and attach the backup for each vendor bill. Ms. Kimelman-Block retained sole control of when, whether and how much each vendor was paid with a clear view of available and committed cash on hand. As an added benefit, she could continue to manage her payables even while travel requirements took her away from home.

Most importantly, we devised a workflow and a tool using off-the-shelf software where weekly sales orders and merchant sales are imported seamlessly into QuickBooks. The data that used to take months to hand-enter is now completed in the span of a few hours from start to finish. Ms. Kimelman-Block has full real-time access to her books, the CPA also has access, and she has full control of all payables.

Conclusion : The critical reports she needs to manage her business effectively are available within a day or two of closing the month. The procedures are accurate, consistent and timely. Ms. Kimelman-Block can turn her attention back to serving her customers and growing her business.

Friday, January 17, 2020

How to Add Customers to QuickBooks


Adding your customers to QuickBooks makes it easier for you to invoice them and see who owes you money. Let’s go over the customers list, and look at two ways to add customers to QuickBooks.

Tuesday, January 14, 2020

7 Tips to Help You Become More Goal-Oriented | Brian Tracy


Are you writing down your goals for the new year? WRITTEN goals are 3 times more likely to be accomplished than unwritten goals - who knew? Discover the simple seven-step formula you can use to start writing down your goals and achieve success today!

Saturday, January 11, 2020

How to Get Paid with QuickBooks Payments


Work takes time, but getting paid shouldn't. Get paid faster with QuickBooks Payments and accept credit cards, debit cards, and ACH bank transfers.

Wednesday, January 8, 2020

Where Focus Goes, Energy Flows.


According Richard Janes, if you want to be successful, you have to get laser-focused on what you love. Watch the full video to learn more

Sunday, January 5, 2020

How to Use Journal Entries in QuickBooks Online


This video will show you how to make and record a journal entry in QuickBooks Online. You should only create journal entries if you are confident with accounting or following the advice of your accountant.

Most transactions don’t need a journal entry, but you might need to use them for things like correcting errors or summarizing the depreciation of an asset.

Thursday, January 2, 2020

How to Develop a Clear Vision for 2020 | Brian Tracy


Only a leader can think about the future and plan for the future each day, and this is even more evident when heading into a new decade. Watch today's video to develop a clear and exciting vision for your future, and how to plan for a success-filled 2020.