STOP! Stop now and save yourself some time. This might seem so simple but I’m amazed at how many business owners are still filling out the archaic bank deposit booklets. The minute I see one of those booklets (you know the one, the top pages are curled up and sometimes cheque vouchers are stuffed intoRead more
I have discovered that many small business owners do not know what a bank reconciliation is. Very simply, it is comparing your bank statement with your financial records (ex. QuickBooks file) to ensure all business transactions are “accounted” for. If done properly, it can: ensure no transactions are missed remove duplicate entries correct typos catchRead more
Ever have to deal with a bounced cheque from a customer and not sure how to enter that into QuickBooks Online? Well, it’s real easy and once you get the 2 special “items” setup, you won’t need to repeat that step again. This tutorial is done on QBO Canadian version. Hope it helps! Read more
