Welcome to the Fit Small Business QuickBooks Online training course. In the how to create and send invoices tutorial, we showed you how to create customer invoices. In this tutorial, we show you how to properly record customer payments so that your accounts receivable balances are always up-to-date. You can watch the video below and…
All Accounting Articles - Page 5
10 Best QuickBooks Alternatives 2019 [Free & Paid]
The best QuickBooks alternatives have all the core bookkeeping capabilities that small businesses need but are often easier to use and more affordable. Whether you’re looking to switch from QuickBooks, looking for your business’ first accounting software, or looking for a free QuickBooks alternative, you’ll find a full review of the right accounting software here….
6 Best Free Accounting Software 2019
Free small business accounting software that meets all of the needs of a small business is difficult to find. We compared over a dozen solid options and selected the six best free accounting software. The ability to track all income and expenses and give other users access are key features that should be included. While…
7 Best Invoicing Software for Small Business 2019
The best invoice software allows you to streamline your invoicing process and get paid faster by allowing customers to pay online. We evaluated 7 invoicing software programs based on the ability to create recurring invoices, send automatic payment reminders to customers, and run an accounts receivable aging report to stay on top of open invoices….
QuickBooks Desktop Payroll: Basic vs Enhanced vs Full Service
Intuit offers three payroll services for people using the desktop versions of QuickBooks: Basic Payroll, Enhanced Payroll, and Assisted Payroll. All three QuickBooks Desktop payroll options calculate paychecks and payroll taxes. Basic Payroll and Enhanced Payroll are do-it-yourself, self-service options. Assisted Payroll is Intuit’s full-service offering, where Intuit’s payroll accountants handle payroll duties for you….
Extending Credit to Your Customers: A Primer for Small Business Sellers
Extending credit to customers allows them to purchase goods and services on credit and pay for them later on. Offering credit is often a win-win for both merchants and buyers. Customers have more purchasing power, and tend to buy more if they are not limited to cash they have at the time of the sale….
Intuit Payroll: QuickBooks Online Payroll Self Service vs Full Service
Intuit offers two options for adding payroll functionality to its QuickBooks Online accounting software. Self Service Payroll provides complete payroll functionality for businesses wanting to do payroll themselves. Full Service Payroll, by comparison, is an outsourced Intuit payroll online option in which accuracy is guaranteed. Both Intuit payroll online options fully integrate with QuickBooks Online….
Top 25 Bookkeeping Tips From the Pros
A solid bookkeeping system is an essential aspect of running a business. No matter how small your business is, you should make sure that your books are updated, accurate, and readily available, as it provides you with crucial information on your business’ financial standing. Check out these expert bookkeeping tips to help you along the…
How to Set Up QuickBooks Online in 15 Step-by-Step Lessons
Setting up the books for your small business can be quite overwhelming. Unless you have prior accounting or bookkeeping knowledge, you will need some help getting started with QuickBooks. Luckily, you don’t need an accounting background to complete the QuickBooks setup process; our step-by-step course was created just for QuickBooks beginners like you. QuickBooks offers…
6 Best Tax Software for Tax Preparers 2019
We compared over a dozen tax software programs and narrowed it down to six. Tax software is the core of a tax preparer’s business, and the best tax software for tax preparers includes preparing individual and business returns. Plus, tax preparers can work efficiently with accounting software integrations and collaborate using a secure client portal….
Independent Contractor Taxes: How Much to Pay & When to File
Independent contractor taxes include federal income tax, self-employment tax, state and municipal taxes. Independent contractors who are sole proprietors report taxes on Form 1040 and Schedule C. Taxes are due on April 15 or October 15, if filed on extension. Independent contractors are required to make estimated tax payments or with the tax return. This…
7 Best Online Bookkeeping Services 2019
Online bookkeeping services help small businesses manage their bookkeeping, payroll, and tax needs. Whether you want to maintain some responsibility or outsource everything, we’ve done the legwork for you and found a mix of the seven best services with a proven track record. Read on for reviews of these online bookkeeping services. Top 7 Bookkeeping…
