Accounts payable (A/P) is the money you owe vendors who have provided you with goods and/or services on credit. It’s crucial to stay on top of your bills because, if you don’t, it could lead to cash flow issues and penalties for late payments, and it could even affect your ability to order products and…
All Accounting Articles - Page 11
How to Become a QuickBooks ProAdvisor in 3 Steps
A QuickBooks ProAdvisor is someone familiar with the QuickBooks product line who has joined the QuickBooks ProAdvisor program and passed a certification exam. There are four primary certifications: QuickBooks Pro/Premier, QuickBooks Online, QuickBooks POS and QuickBooks Enterprise Solutions. Becoming a QuickBooks ProAdvisor is completely free as are all the study materials and exams from QuickBooks….
How to Get Bookkeeping Clients in 4 Steps [+ Free Marketing Ideas]
Learn how to get bookkeeping clients quickly by first identifying your target audience, then implementing marketing ideas to reach your potential clients, followed by joining a few networking groups and finishing off by offering additional services like payroll or tax prep to your existing clients. You can typically get started with all of these steps…
How to Start a Bookkeeping Business in 8 Steps
A bookkeeping business consists of managing income and expenses, processing payroll and preparing tax returns for business clients. Creating a business plan and learning how to get clients are a couple examples of what you need to do to get up and running. If bookkeeping is just going to be a way to make some extra…
How to Write a Collection Letter [+ Free Templates]
Writing a collection letter requires you to follow the right step-by-step process and include the right language to give your customer official notice that a debt is owed and past due. You will typically send a total of four letters before hiring a collection agency or recording a bad debt expense. Collection Letter Templates There…
TurboCASH vs. GnuCash: Price, Features, & What’s Best in 2018
TurboCASH and GnuCash are free open-source accounting software products for businesses that want to build a software to meet specific needs. GnuCash is the better choice for most businesses, but TurboCASH is best if you need more than one user license. Small businesses looking for free accounting software should go with a much simpler product….
Where to Find Freelance Bookkeeping Jobs for Free or Low Cost
Whether you are a bookkeeper looking for full-time employment or a freelance bookkeeper trying to drum up new clients, there are some terrific job sites you can choose from. Some job sites offer paid memberships for a few premium services, but most of the sites are free and we recommend you apply to those first….
Accounts Receivable Aging Report: The Ultimate Guide
An accounts receivable (A/R) aging report shows all unpaid customer invoices grouped by the number of days outstanding. If you use online accounting software, you can create this report in a few minutes. Otherwise, you can create it manually in a Microsoft Excel spreadsheet. To avoid delinquent invoices, review this report monthly, and follow up…
How to Become a Certified Bookkeeper
A certified bookkeeper is someone who has demonstrated they have the knowledge, skills and work experience to perform the duties required of a bookkeeper. The best way to become a certified bookkeeper is via one of the two top professional bookkeeper organizations: AIPB and NACPB. You can also become certified through local or online college…
ZipBooks vs Wave: Price, Features & What’s Best in 2018
Deciding between small business accounting software like ZipBooks and Wave can be tough. Wave is free and is great for sole proprietors and smaller businesses, while ZipBooks is an affordable, tiered program that caters to businesses of all sizes. For example, ZipBooks has plans that range from free to over $100 per month. Overall, Wave…
ZipBooks vs QuickBooks: Price, Features & What’s Best in 2018
ZipBooks and QuickBooks are two leading small business accounting software programs with different pricing, features, and customer support. QuickBooks is the most widely used, has the largest network of advisors, has more robust features, and is good for businesses of all sizes. By contrast, ZipBooks is ideal for startups and micro businesses with fewer transactions….
Wave vs QuickBooks Online: What’s Best in 2018
Small business accounting software helps you track income and expenses. Wave beats when it comes to price since it’s free. While QuickBooks isn’t free, it includes several features that Wave does not—1099 reporting and inventory tracking, to name a few. If you want a free option, then Wave is great; otherwise, QuickBooks is the clear…