Once project tracking is turned on in QuickBooks Online, you can create a new project and track it until it’s completed. You can then assign costs, such as expenses incurred and hourly costs worked by employees, and link invoices to the project. This allows you to monitor how much you spend and earn on that…
How To
How to Fill Out Form 943—Instructions & Mailing Addresses
Form 943, the Employer’s Annual Federal Tax Return for Agricultural Employees, is a federal tax form used to report the amount of taxes withheld from an employee’s pay. Agricultural employers that have paid wages subject to FICA taxes or federal income tax withholding to one or more farm workers throughout the year must file Form…
How To Use Classes and Locations in QuickBooks Online
To use classes and locations in QuickBooks Online, you must first enable and set them up properly. Once switched on, you can create new classes and locations—depending on the needs and structure of your business—and then start assigning them to various transactions, including invoices, expenses, and bills. This information then becomes available in various reports,…
7 Steps to an Effective Personal Selling Process
Personal selling involves direct communication via phone, email, or video conference, or in person between a sales rep and a prospect or potential customer. Salespeople must have an in-depth understanding of the personal selling process to handle objections quickly, build strong relationships, and reduce churn—which is when customers discontinue a service or opt not to…
How To Enter a Partial Payment in QuickBooks Online
You can enter a partial customer payment in QuickBooks Online using the Receive Payment form. This allows you to locate the outstanding invoice, enter the required details, such as the customer and the partial payment amount, and then apply the partial payment. Similarly, you can make partial payments to vendors using the Pay Bills screen….
Can You Legally Pass on Credit Card Fees to Customers?
The short answer is yes—you can legally pass on credit card fees to customers. However, this is not as easy as it seems. Credit card fees are governed by regulations from card networks as well as federal and state laws, which make passing on credit card fees to customers available for one merchant but limited…
How to Improve VoIP Call Quality in 7 Steps
Various factors influence the quality of voice-over-internet-protocol (VoIP) calls, including latency, packet loss, and available bandwidth. Poor call quality increases average handling time and call abandonment rates, ultimately leading to frustrated clients. To deliver excellent customer service, businesses must know how to improve VoIP call quality—adopting strategies like upgrading the internet plan, setting up a…
How to Write a Business Plan in 7 Steps
A solid business plan helps you forecast your future business and is a critical tool for raising money or attracting key employees or business partners. A business plan is also an opportunity to show why and how your business will become a success. Learning how to write a business plan successfully requires planning ahead and…