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Tag Archives: quickbooks online

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…

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