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Category Archives: QuickBooks

Everyday is a fresh start

New Year, New Goals: Unlock the Power of Automation to Reset Your Practice

My Thoughts, QuickBooks, Sponsored Post, Technology TipsBy Sherrell T MartinJanuary 31, 2023Leave a comment

It’s a new year and time to focus on 2023 and beyond. It’s time to plan for something new, create new goals and reset your business for what’s to come.  Now may be the time to automate your practice more. But maybe you have some fear and anxiety around doing that. Fear that implementing more…

How to Self-Onboard Your Contractor in Quickbooks Online

Financial Management, Job Costing, QuickBooksBy Sherrell T MartinNovember 19, 20191 Comment

When working with subcontractors and outside service providers, it is important that you obtain a Form W9 from them so that you can are in compliance come tax time. Many contractors don’t want to complete one because they don’t want to report the income. But don’t let them convince you that not getting one is…

How to Prevent Loss of Profitability Using QuickBooks Online

Financial Management, Profitability, QuickBooksBy Sherrell T MartinAugust 16, 20171 Comment

Understanding profitability is a key task associated with managing the finances in your business.  You need to understand it at a deeper level than just total revenue minus total expenses. You need to know your profitability on a per project or per customer basis. Just like many other business owners, you are going about your…

Adding Users to Your QuickBooks Online File

QuickBooksBy Sherrell T MartinJuly 20, 2016Leave a comment

One of the great things about working in the cloud is that it makes it super easy to collaborate with others. Being able to work in your file simultaneously is a big time saver. Your accountant no longer has to come to your office for simple easy questions or even training. Once they have you…

How to Close The Books in QuickBooks Online

Cloud Accounting, QuickBooksBy Sherrell T MartinJuly 5, 2016Leave a comment

Often times clients and business owners I train on QuickBooks Online ask if there is a way to close the books on a monthly basis in QuickBooks Online. And the answer is yes. The main time to close your books is at the end of the year after the tax return is completed. Once your return…

How To Run Financial Reports in QuickBooks Online

Cloud Accounting, QuickBooksBy Sherrell T MartinJune 26, 2016Leave a comment

One of the questions I get most often is “can you send me the most recent financials.” Even though we are using QuickBooks Online and working in a collaborative environment, clients still ask me this question. Even when I am training on QuickBooks and I ask “what is one thing you want to get out…

How To Enter Time in QuickBooks Online

Cloud Accounting, QuickBooksBy Sherrell T MartinJune 10, 2016Leave a comment

Tracking employee time is an absolute must. It is the biggest expense in any business and for that reason needs to be monitored closely.  Many businesses experience project losses due to poor time management; and that leads to a loss of profits. And let’s face it profit is the name of this game. Now while…

Get Paid Faster Using Intuit Payment Network

Business Management, Financial Management, QuickBooksBy Sherrell T MartinNovember 5, 2013Leave a comment

As a business owner you want to be sure that you get paid timely.  You also want to ensure that those payments actually get processed.  The solution to that is to accept credit card payments.  But you don’t want to have to pay those fees, EVEN THOUGH THEY ARE A COST OF DOING BUSINESS. Let…

Desktop or Online? Which one is best?

Business Management, Financial Management, QuickBooksBy Sherrell T MartinJune 5, 2013Leave a comment

Software programs are evolving.  You no longer have to buy it off the shelf.  You can purchase it online. Have access to all your financial information at your fingertips no matter where you are in the world. But which one is better? Desktop or Online?  Let’s explore the differences between the two and see who…

[GUEST BLOG] Have You Used QuickBooks Online Lately?

Guest Blogs, QuickBooksBy Sherrell T MartinOctober 26, 2012Leave a comment

“I tell my clients to avoid QuickBooks Online” is a common post I see on QuickBooks forums, and one that I continually rush to offset. For many accounting professionals, it seems that QuickBooks Online (QBO) is a “worst case scenario” for their clients. I want to share some new QBO features that may help change…

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