Category: QuickBooks
-
Quickbooks pricing revisited
The pricing information in this post is now of of date. I can save businesses $500+. But should I? Quickbooks remains by far the most popular small business accounting platform capturing about 4 in 5 businesses in this market. The services I most commonly work with – accounting, taxes, banking services, financial planning, payroll and…
-
3 steps to perfect small business bookkeeping
Small business bookkeeping in a perfect world would involve three steps: STEP 1: Enter transactions as they occur by the person actually making the transaction. For example, you stop to buy gasoline. You snap a photo of the receipt on your cell phone and enter the transaction on your mobile phone accounting app. Later you…
-
Accounting firm of the future
The small business accountant of the future will not provide bookkeeping services but will help business owners set up their bookkeeping to operate mostly automatically. The small business accountant of the future will not prepare tax returns but will ensure that tax reporting is completed and submitted automatically. THE FUTURE IS NOW for small firms…
-
Why Use QuickBooks Online?
Occasionally I am asked why I use and endorse QuickBooks Online small business accounting platform. There are at least six ways to answer that question: Market share. QuickBooks. is the #1 most popular platform used by 4.3 million small businesses. There is strength in numbers. Support resources and integrations are limitless. It isn’t what you…
-
Unsuccessful QuickBooks promotion; lesson learned
About this time last year I tried an impromptu business promotion that was not successful as planned. Intuit, the publisher of QuickBooks accounting software, offered me a promotion of 5 subscriptions with a discounted price of QuickBooks accounts. At that time, the price was an unprecedented low amount ($5 vs. the usual $20+). I offered…
-
QuickBooks “Pay Bills Online” (New feature)
I just set up and tested the internal “Pay Bills Online” feature of QuickBooks. Actually this is an integration between QuickBooks and Bill.com. The benefit is that bills can be paid without leaving the accounting software. (Prior to this I had to pay bills on my bank web site and then enter the payments manually…
-
Online Banking with Chase/Intuit
Chase Bank, the last large bank to resist automated online integration with customer accounting software, announced a deal with Intuit, the nation’s largest consumer and small business software firm. Now customers can automatically reconcile accounts, analyze performance reports, prepare tax filings and make bank transactions from a single secure software with little effort and without the…
-
How I “wowed” a small business accounting client today
I don’t think that small business accountants have many opportunities to “wow” a client. Marketers would probably say I am short-selling myself on this opportunity and that I could find more ways to impress if I really looked for these opportunities. I get it. But the reality is that daily life of a small business…
-
How to invite me to view your QuickBooks Online accounts
Log into QuickBooks Online as either the Master Administrator or Company Administrator. Click on the gear icon, located in the top-right corner. Within the Your Company section, click Manage Users. From within the Manage Users page, click the Invite Accountant button. In the mini interview that appears, enter email address tony@tonynovak.com into the Accountant’s email…
-
Accounting Software
Update: QuickBooks Online version addressed all of my concerns and is less expensive than any other option. I consider the issue resolved. I suffered a calamity with my local accounting software last month which led me to consider options to QuickBooks. QuickBooks is such a dominant software in the small business market that in the…