August 10, 2024

by Stephanie Broom, Accounting Manager, Lucrum Consulting (lucrumconsulting.com) Switched to QuickBooks Online, dealing with a mess and wondering if you’d be betteroff temporarily going back to QuickBooks Desktop? You are not alone. In fact, the situation is becoming all too common in light of Intuit’s recentannouncement that it will be sunsetting QuickBooks Desktop. Many organizationshave

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April 30, 2024

As a small business owner you might need a small business loan to get you through a seasonal slow time, to fund a new product line, or to pay for equipment. While recording your loan and loan payments in QuickBooks Online isn’t difficult, there are certain steps you will need to take in order to

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January 16, 2023

This page contains affiliate links, which means I will make a commission at no extra cost to you should you click through and make a purchase. Please see the disclosures page for more information. Are you running payroll in your small business? In this post, I’m going to share how you can streamline this process by connecting

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June 3, 2022

I’ve gotten some questions about how to handle a little quirk that happens when you use instant transfer to move money from PayPal to your checking account. While instant transfer allows you to move money the same day, there is a fee for this service. That means the amount you’re transferring out of PayPal won’t

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March 16, 2020

Running an Etsy shop is a meaningful business venture for many creatives. You get to share your creations with others and get paid. But for most Etsy shop owners, the most dreaded part of the job is bookkeeping. It’s even scarier than marketing and social media. That’s why I put together this Ultimate Guide to

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February 19, 2020

Blogging is a rewarding job. You get to impact others with your experience and expertise. But for most bloggers, the most dreaded part of the job is bookkeeping. It’s even scarier than tech. That’s why I put together this Ultimate Guide to Blog Bookkeeping. As an accountant, my superpower is taking the pain out of

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September 20, 2019

I love to use PayPal when I’m purchasing items online, but it can be a big pain when it comes to my bookkeeping! That’s why I created this QuickBooks tutorial to show you how to record PayPal transactions in QuickBooks Online.   As you know, I love using QuickBooks Online Simple Start for my bookkeeping.

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June 5, 2019

When setting up your small business bookkeeping for the first time, you must select a start date, the date on which you begin to bring your business financial transactions into your bookkeeping program. Many factors go into selecting the ideal start date for your small business bookkeeping. In our discussion we’ll be assuming you are

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February 2, 2018

As a small business owner, the thought of setting up a bookkeeping or accounting system can seem daunting. However, good financial data is vital to your business success, and setting up a bookkeeping system can actually be quite simple. There are many online accounting programs available today. QuickBooks is my favorite. QuickBooks is perfect for

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February 28, 2017

In the Quick Start Guide to QuickBooks post, we talked a little about naming your revenue and expense accounts. The list of all your account names is called your Chart of Accounts. The Importance of your Chart of Accounts As a new small business owner, you may be tempted to just use the account names

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