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You can kill a great joke with bad timing. And, you can kill great bookkeeping with bad timing, too. Bookkeeping is not just about entering the numbers; it’s about entering the numbers at the right time.
If a customer pays you to do some work, their money should be reflected in the month you actually deliver the product or service. This sounds basic but it’s often ignored. Here’s why it’s important:
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I’ve worked with companies whose file folders were color-coded: Blue meant one thing and red meant another. And chances are, if your files are color-coded, your office (like most others) uses a filing system of bland corporate beige. In this blog, I’m suggesting that your files should be all green!
No, this isn’t a pre-St. Patrick’s Day prank. Green files are far better for your business in a number of ways.
When I say “green” files, I don’t mean that they are green in color. I mean that they are ecologically-friendly. When I say “green” files I’m referring to scanning your files and paperwork and storing it online instead of in those giant filing cabinets that seem to multiply like rabbits in a busy office.
Online file storage companies offer a variety of services relating to storing and sharing your files. Now, I should make a clarifying point here: Some sites tend to have a greater emphasis on sharing. Sites like Box.net and YouSendIt.com are sometimes lumped into the online file storage industry but these sites are primarily there to help you ship big files from one place to another.
Tags: Blog, Busy Office, Disaster Proof, Electronic Filing, File Folders, Filing Cabinet, Filing Cabinets, Filing System, Paperwork, Piece Of Paper, Rabbits, Scanning, Secure Storage, St Patrick, Storage Companies, Storage IndustryPart 3: Handling Sales Tax
QuickBooks is an accounting application and FreshBooks is an invoicing application. They are two different things, but in the end to have your data matching in both, there could be a ton of double entry resulting in valuable time consumed and strenuous effort.
You can have your data accurate in both, while not matching in both. Matching and accuracy are two different things. For all of the numbers to match up, it is a matter of accuracy. To have all of the details such as sales items etc. it would be a matter of matching.
In this blog post, I will begin to show you ways to get accurate data from FreshBooks into QuickBooks.
This blog post is Part 3, if you have not read the previous posts, I suggest that you do:
Part 1: Methods 1 & 2 to getting FreshBooks Income into QuickBooks
Part 2: Method 3 to getting FreshBooks Income into QuickBooks
Also useful, is my post: Handling Credit Card and PayPal Processing Fees in QuickBooks, which has a short segment relating to FreshBooks as well.
Tags: Accrual, Accuracy, Accurate Data, Amp, Bas, Blog, Credit Card, Freshbooks, Good Stuff, Income Accounts, Invoicing, Matter Of Fact, Paypal, Quickbooks Accounting, Receivables, Sales Tax, Segment, Strenuous Effort, Tax Accounting, Two Different ThingsPart 1: Dealing with Income – Continued (Part 2)
QuickBooks is an accounting application and FreshBooks is an invoicing application. They are two different things, but in the end to have your data matching in both, there could be a ton of double entry resulting in valuable time consumed and strenuous effort.
You can have your data accurate in both, while not matching in both. Matching and accuracy are two different things. For all of the numbers to match up, it is a matter of accuracy. To have all of the details such as sales items etc. it would be a matter of matching.
In this blog post, I will begin to show you ways to get accurate data from FreshBooks into QuickBooks.
Tags: Accounts Receivable, Accuracy, Accurate Data, Amp, Blog, Cash Basis, Cash Revenue, Freshbooks, Getting Money, Ideal, Invoicing, Quickbooks Accounting, Strenuous Effort, Two Different Things, Vice VersaThis is a very simple blog post on how to set up a new client or customer in QuickBooks.
Step by Step:
1. Open QuickBooks
2. On your Menu bar click Customer Center
Tags: Amp, Bare Minimum, Blog, Crm Application, Crm System, Customer Center, Customer Name, Invoicing, Menu Bar, New Job, Other Additional Information, Quickbooks Premier, Screen Shots, Step 1, Step 2, Step By Step, Visuals, Voila
