QuickBooks Online or Desktop? Which Version Is Best?

QuickBooks Online or Desktop? Which Version Is Best?

I often am asked the question “Which QuickBooks version do you recommend I use for my business?”  My response is that I need to know more about the specific situation in order to answer.  Today I’m going to give some pros and cons of each so that you...

How to Properly Account for Customer Prepayments

Does your business accept customer prepayments or retainers?  Perhaps you sell gift certificates or packages of services to be used over a certain period of time or number of sessions.  Are you aware that this money is not to be counted as income until the services...

Backup Your QuickBooks File to Avoid Data Loss

Imagine that you are ready to do your bookkeeping, you try to open your file and find that your data file is corrupt or lost.  What would you do?  Unfortunately this can happen, and merely assuming that the online backup plan you have in place (if you have one) will...

A Sales Tax Rate Has Changed. Now What?

Do you sell taxable products or services?  If so, you have tax rates set up in your bookkeeping software, and one (or more) may need to be updated at some point.  As you may be aware, tax calculations can often be complicated.  You need to know the specific tax rate...

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