From the category archives:

Bookkeeping Tips

Throw Away the Calculator! Paypal Tip for Quickbooks

by Michelle MangenSeptember 28, 2010 Bookkeeping Tips
Quickbooks Tip: Accounting for Paypal Fees You’re a 2010 business owner. This means that unless you live under a rock you probably allow your clients to pay you with Paypal, Intuit’s Payment Network (IPN), etc. Most of these payment gateway services charge you some transaction fee for accepting payments through them. So how do you [...]

Read the full article →

7 QuickBooks Shortcuts to Save Time

by Michelle MangenApril 20, 2010 Bookkeeping Tips
Seven QuickBooks shortcuts that will save you time For the past several weeks I’ve been working on two five year bookkeeping projects. Needless to say there are quite a few entries needed to get the books in order. The following tweaks to QuickBooks can save you several seconds per transaction, equating to a significant amount [...]

Read the full article →

Eliminate the Stress Involved with 1099 Preparation

by Michelle MangenMarch 9, 2010 Bookkeeping Tips
Save time and money with annual 1099 preparation According to IRS regulations all businesses are required to file 1099-MISC forms to any non-incorporated contractor they paid $600 or more to over the course of the year. Tips to Help Save You Time and Frustration at Year End: Be sure to obtain a completed and signed [...]

Read the full article →

Bookkeeping-Top 10 Sanity Checklist

by Michelle MangenJuly 24, 2009 Bookkeeping Tips
For reasons beyond satisfying your accountant and Uncle Sam each year it’s important to keep up with your bookkeeping so you can assess your income and expenses – really, how do you know if you are making money or spending too much on office supplies unless you have up-to-date, real time info? Below is what [...]

Read the full article →

Tax Season is behind us: Is it really time to sigh with relief?

by Michelle MangenJune 24, 2009 Bookkeeping Tips
Preparing for Next Year’s Taxes The 2008 tax season has come to a close and many are sighing with relief, but in fact, this shouldn’t be the end of your tax preparation. This is the perfect time to get a jump-start on next year’s taxes. That’s right; there is no time like the present to [...]

Read the full article →