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​In Pursuit of Profit

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3/15/2020

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What Is QuickBooks Payroll Missing?

 
What Is QuickBooks Payroll Missing?
Intuit Payroll is a great add-on to QuickBooks, allowing small businesses to access many of the same features of more expensive payroll providers. However, much like QuickBooks itself, Payroll is a not a set-it-and-forget-it software that will automatically handle every detail for business owners and managers. Like any other payroll system, QuickBooks Payroll requires a certain amount of knowledge to get it set it up correctly and perform required upkeep.  

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3/1/2020

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Do I Need a Bookkeeper if I Have QuickBooks?

 
Do I Need a Bookkeeper if I Have QuickBooks
QuickBooks is an excellent bookkeeping platform for small businesses. However, it is just that – a tool to keep track of finances. The benefit that a business derives from QuickBooks is contingent upon what is put in and how much expertise is available to use the tool correctly. QuickBooks will not manage a business’s finances any more than a hammer will build a house without a carpenter there to swinging it. 

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10/2/2019

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QuickBooks Desktop vs QuickBooks Online - What's the Difference

 
QuickBooks Desktop vs QuickBooks Online - What's the Difference
QuickBooks has been the top accounting solution for almost three decades, and the 2002 release of QuickBooks Online only extended this industry-leading trend. While both continue to remain popular among business owners, the differences between QuickBooks Desktop and QuickBooks Online make them ideally suited for different clientele. QuickBooks Desktop is a traditional online accounting system while QuickBooks online is a more modern cloud-based accounting platform. 

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9/24/2019

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How Do I Clean Up Old Transactions in QuickBooks?

 
How Do I Clean Up Old Transactions in QuickBooks?
Maintaining clean financial records is vital during business transitions. When circumstances change, updated books allow business owners to accurately discern the financial health of the business and strategically plan for the future. Securing bank loans, weathering audits, maintaining aggressive business growth, filing insurance claims, and resolving ownership disagreements are all instances when transactions are scrutinized for accuracy and timeliness. 

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