QuickBooks online is one of many software available to help you organize your business data. The software has come a long way since its first release date. This article shows a short video of how to navigate QuickBooks online.
Supported Web Browsers
QuickBooks online is a cloud bases software which means it is accessed on the internet rather than a computer. Currently, QuickBooks Online will work with the following web
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Automating your accounting processes
Computers can handle your bookkeeping much cheaper than a person so the more you can automate this process, the less you have to spend.
Automating your accounting processes
One of the biggest considerations in automating parts of your accounting process, is to have a bank that works with your financial software. Choosing the right bank eliminates the manual process of having to input all expenses as the bank will automatically
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Categorizing expenses in your business
Properly categorizing expenses in your business is essential to producing meaningful financial records. Your expenses is part of the chart of account. The chart of account is the way your financial statements are organized and should capture relevant events for your business. Your expenses should be divided into accounts that can help you make quick decisions. Think of a chart of accounts like folders on your computer. Each folder in
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Desktop Accounting Software
I have spent time talking about the advantages of cloud software and comparing cloud solutions. In this article I discuss the following desktop accounting software:
Excel
Quicken
QuickBooks/ Sage Peach tree
I then add with a summary chart you can use to make your decision.
Excel
When starting out, most self-employed individuals don't want to start with a subscription service so they try to find an excel template to keep
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QuickBooks, Xero and Freshbooks
In the previous article we talked about the parts that make up any accounting software. In this article, I get more specific by comparing features in QuickBooks, Xero and Freshbooks, the top 3 accounting online solutions ( based on the amount of requests I get to evaluate software choices) in the market.
I will be comparing cloud software using the core components of an accounting information system namely inputs, processes, outputs, checks
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