We’ll guide you on how to find a small business accountant. You’ll want to determine what tasks you want them to perform and decide whether you want to work with them virtually or locally. You’ll also have to search for an accountant with expertise in your industry and evaluate their credentials. Step 1: Decide What…
How To
IRS Form 8832 Instructions & FAQs
IRS Form 8832 is filed by limited liability companies (LLCs) planning to be taxed as C corporations (C-corps). The form must be filed between one year prior and 75 days after its effective date. With late relief, the effective date can be extended up to three years and 75 days from when relief was requested,…
How to Use FreshBooks: 5 Free Tutorials
Welcome to the Fit Small Business free FreshBooks tutorials. Whether you’re new to FreshBooks or could benefit from a more in-depth understanding of the software, we have provided five tutorials that will help you. Each FreshBooks tutorial includes an in-depth lesson, complete with text and images as well as a comprehensive video demonstration. You’ll find…
How To Lease Commercial Real Estate
Leasing commercial real estate for your business requires an understanding of the various steps to properly facilitate the process. You’ll have to consider the different types of leases, property conditions, and characteristics, and how to go about negotiating lease terms. In this guide, we will walk you through the process step-by-step on how to lease…
How To Print Reports in FreshBooks
In this fifth and last FreshBooks tutorial, we’ll teach you how to print reports in FreshBooks—which includes accessing the Report section, locating the report you need, and printing it in a PDF format. We’ll also show you how to customize the report before printing it, as well as how to export it as a CSV…
How to Enter, Track & Pay Bills in FreshBooks
You can enter, track, and pay bills in FreshBooks from the Bills page under the Expenses menu. Use the New Bill form when entering a new bill, and track unpaid bills either from the Bills page or by running an A/P aging report. When it’s time to pay the bill, simply locate that bill on…
How to Accept Credit Cards for Your Small Business
In order to accept credit card payments, you will need a merchant account or a payment services provider. Ideally, choose one solution that can handle all of your business’s payment needs – from mobile to online. Choosing the best way to accept credit cards will depend on the type of business you have. For example:…
How to Reconcile Petty Cash in 5 Easy Steps
I’ll walk you through how to reconcile petty cash, which starts with computing the petty cash on hand and all the receipts in the lockbox. The custodian may uncover discrepancies, and they must deal with them accordingly. At the end of the reconciliation process, the custodian must request a petty cash replenishment to restore the…