Monday, March 29, 2021

Turn Key Office Services: Bookkeeping Services


MAXIMIZE YOUR COMPANY'S POTENTIAL WITH TARGETED BUSINESS SOLUTIONS.

Outsourced bookkeeping is a cost-effective way to achieve accurate, timely and verifiable financials throughout the year. This maximizes QuickBooks’ usefulness as a decision-making tool, and not just a tax preparation tool! Our experienced team can provide a blend of onsite or offsite services to supplement your in-house skills. Custom services typically include:

  • Cash and Credit Card Reconciliation
  • Set up of automatic downloads and bank feeds
  • Accounts Payable, vendor billing
  • Accounts Receivable, monthly client billing
  • Proper categorization to the general ledger per job, location, class, expense or asset type
  • Inventory management
  • Payroll
  • Assets and Loan balances
  • Job Costing
  • Vendor 1099 Preparation

Friday, March 26, 2021

How to Record Bank Deposits from QuickBooks Payments in QuickBooks Desktop


If you use QuickBooks Payments, QuickBooks Desktop groups the customer payments you process each day then creates a single deposit into your bank account. All you have to do is review how QuickBooks grouped and recorded the bank deposits.

We'll show you how to make sure QuickBooks matches your monthly bank statements.

Tuesday, March 23, 2021

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

Saturday, March 20, 2021

Turn Key Office Services: Payroll & HR Support



Find A Payroll Solution That Works For You.

Our team has substantial experience with the details of payroll and a wide variety of local or national payroll service providers. We can assist in selecting the proper platform for your business workflow and with ongoing support. Our services typically include:

  • Benefits setup and management of deductions
  • Deduction audits
  • Troubleshooting
  • Payroll report filing
  • Handling notices and audits
  • Posting entries
  • Mid-year payroll platform transitions
  • Adjusting entries
  • Payroll corrections
  • Imputed income calculations
  • Employee Onboarding guides
  • Managing garnishment and liabilities
  • Time tracking and job cost allocations
  • Whole Pricing available for Intuit Online Payroll and ADP Wholesale

Wednesday, March 17, 2021

How to Erase Your QuickBooks Online Data and Start Over


You can erase all your QuickBooks Online company data and start over again if you need to. How just depends on how long you’ve had your subscription.

Sunday, March 14, 2021

Turn Key Office Services: Fraud Examination



According to the Association of Certified Fraud Examiners, a typical business loses 5% of revenue per year due to fraud. The median loss for business is $150,000.

At Turn Key Office, we work hard to protect our clients’ interests. All of our employees have background checks and our procedures and recommendations are intended to assist our clients in deterring fraud. Sadly, most fraud cases are not prosecuted for a variety of reasons, allowing candidates with prior fraud in their history to operate without any blemish on their record. Trust but verify.

Should we be called upon to assist in a prosecution or an investigation, the owner of the company holds a Certified Fraud Examiner certification and can assist a legal team or law enforcement in prosecuting offenders.

Maintaining a QuickBooks data file alone cannot eliminate bookkeeping fraud and embezzlement, but when its security features are used properly in conjunction with good business practices, the combination can make theft significantly more difficult and less tempting in a difficult economic environment. Prevent bookkeeping fraud and use these 22 best practices for eliminating, deterring and detecting company theft.

Click HERE more fraud tips.

Thursday, March 11, 2021

How to Create Custom Workflows in QuickBooks Online Advanced


QuickBooks Online Advanced has workflows with templates that help you automate repetitive tasks. But, you can also create your own custom workflows if you need even more flexibility.

Let’s set up a custom workflow and go over the different types of transactions you can set them up for, how to add in the conditions that will start your workflow, and how to tell QuickBooks what to do after the conditions of your workflow are met.

Monday, March 8, 2021

Turn Key Office Services: Bookeeping Services


MAXIMIZE YOUR COMPANY’S POTENTIAL WITH TARGETED BUSINESS SOLUTIONS.

Outsourced bookkeeping is a cost-effective way to achieve accurate, timely and verifiable financials throughout the year. This maximizes QuickBooks’ usefulness as a decision-making tool, and not just a tax preparation tool! Our experienced team can provide a blend of onsite or offsite services to supplement your in-house skills. Custom services typically include:

  • Cash and Credit Card Reconciliation
  • Set up of automatic downloads and bank feeds
  • Accounts Payable, vendor billing
  • Accounts Receivable, monthly client billing
  • Proper categorization to the general ledger per job, location, class, expense or asset type
  • Inventory management
  • Payroll
  • Assets and Loan balances
  • Job Costing
  • Vendor 1099 Preparation

Friday, March 5, 2021

How to Record Expenses in a Batch in QuickBooks Online Advanced


If you have a lot of expenses, checks or bills to record, you don't need to enter them one at a time. In QuickBooks Online Advanced you can use batch transactions to speed up your data entry and record multiple money out transactions at the same time.

Well go over two ways to record expenses, checks or bills in a batch: first, how to manually record multiple in a single screen and then how to copy and paste transactions from a spreadsheet.

Tuesday, March 2, 2021

Turn Key Office Services: Outsourced CFO


This service is available for clients who require more advanced reporting and financial controls but does not need a full time comptroller or CFO. Our advanced services team can work with your in-house accounting department who may be multi-tasking and/or has more limited experience in accounting and/or QuickBooks. Services typically include:

  • Budgets
  • Cash Flow Planning
  • Advanced Reporting
  • Closing Entries
  • Asset Management and Book Depreciation Schedules
  • Adjusting entries for Revenue/Expense Recognition
  • Financial Statement Analysis
  • Accounting Checks and Balances
  • Ongoing training for your staff bookkeepers
  • Preparation of CPA-Ready Financial Statements and Work papers