Recent Articles

QuickBooks for Law Firms: General Retainers

August 28, 2014 | By | 1 Reply More

Funds received by law firms from clients fall into three categories: Payment of fees and costs Trust accounts/Interest on Lawyer Trust Accounts (IOLTAs) Prepayments and overpayments In this article we will discuss prepayments and overpayments and how to deal with them in QuickBooks for Windows. This is an excerpt from QuickBooks for Law Firms, an […]

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Commit CRIME to Prevent Business Fraud

August 27, 2014 | By | 1 Reply More

From mom and pop shops to global corporations, in my thirty-plus years of working with entrepreneurs, I can’t think of anyone willing to throw away 5% of their annual revenue. Yet, by ignoring the potential for fraud within an organization and failing to establish internal controls to detect and prevent theft, that’s precisely the sacrifice […]

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QuickBooks Online Update for August 25 2014

August 26, 2014 | By | 4 Replies More

Intuit has release an updated version of QuickBooks Online August 25. Here is an overview of the changes that you will see. The majority of these are small issues and tweaks based on customer feedback, as well as cleaning up some details. I have some “before” and “after” screen shots so that you can clearly […]

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Cloud Accounting News – Episode 7

August 25, 2014 | By | 2 Replies More

Greg Lam presents episode seven of his Cloud Accounting News. In the News This Week FreshBooks gets an Accountant Center FreshBooks updates its iPhone and Ipad apps with a new look and functionality QuickBooks Online iPhone/iPad version 4.01 is out Zoho Books can now lets you auto-charge customer credit cards on recurring invoices Xero releases […]

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Choosing Accounting Software: Go Native or Add-on?

August 21, 2014 | By | 5 Replies More

So, you’re deciding which accounting software to choose and are trying to decide between one that has a feature you need via native functionality vs. another that has it via an add-on. Should you go native or add-on? Native Functionality The decision to get the software with the native functionality (the feature is provided by […]

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QuickBooks Online Updates: Why You Don’t See What I See

August 20, 2014 | By | 4 Replies More

Intuit releases a new version of QuickBooks Online at least once a month these days. You’ll see announcements of the new features in various places (such as here, or from Woody Adams at, but sometimes when you go to check out those new features you won’t see them! What gives? This can be frustrating […]

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Evolution of the Client Accounting Services Model

August 18, 2014 | By | 3 Replies More

With the recent announcement by H & R Block to make Jennifer Katrulya their director of client accounting services for H&R Block Small Business Services, this is a good time to talk with accountants, bookkeepers, tax pros, and small business consultants about the evolution of the Client Accounting Services Model and how it will affect […]

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Why Aren’t Receipts Automatically Matched to Bank Feed Transactions?

August 14, 2014 | By | 8 Replies More

In online accounting software, there’s still a lot of human interaction required where there shouldn’t be. One of the most promising areas in which work can be cut down in with business accounting is with bank feeds. These are hookups to your bank account transactions that automatically get pulled into your accounting software. Most software […]

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QuickBooks Online Advanced Certification

August 13, 2014 | By | Reply More

Intuit has announced that they will be offering a QuickBooks Online Advanced Certification exam later this Fall. This shouldn’t be a surprise to anyone involved with the QuickBooks ProAdvisor program. We’ve had a QuickBooks (desktop) Advanced Certification since 2009, and with Intuit’s emphasis on QuickBooks Online it was only a matter of time before they […]

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Maximizing Your Profile on LinkedIn

August 12, 2014 | By | 12 Replies More

I had every intention of writing about how accountants can create a dynamic blog to build business for this month’s QuickBooks and Beyond post, but changed my mind. I just finished working with a fairly new client to help her improve her LinkedIn profile and company pages. Along the way, I learned quite a bit […]

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Cloud Accounting News – Episode 6

August 11, 2014 | By | 2 Replies More

Greg Lam presents episode six of his Cloud Accounting News. In the News This Week I usually cover North American focussed accounting software, like QuickBooks, Xero, Zoho Books, Wave, Kashoo, and FreshBooks. There’s not much going on in North America, so I figured I’d mention the top companies I would check out if I were […]

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Business Analytics with Finagraph

August 7, 2014 | By | 3 Replies More

Business analytics for small businesses is the great frontier these days. It’s an area where most SMB’s just haven’t taken the time to explore, it’s a tool that accounting professionals should implement in their quest to become a trusted advisor to their clients. A new tool in this area is Finagraph, which brings a different […]

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Technology Tools: Fact or Hype?

August 6, 2014 | By | Reply More

The words “innovation,” “leading edge,” and “bleeding edge” lead you to think about the future. “Laggard,” “late adopter,” and “heel dragger” have the opposite effect. Technology, when used properly, should help with productivity, profitability, and customer service levels. But sometimes, these factors are simply marketing promises and pure hype. Our job as consultants is to […]

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MCommerce – Bathroom Stalls and Mobile Web Crawls

August 5, 2014 | By | 5 Replies More

Today I want to discuss Mobile Commerce, or what has become known as MCommerce. To help with this, I enlisted the support of a friend of mine, Luke Jordon of DesignForest ( a web design firm that specializes in affordable web sites for small businesses using QuickBooks. I asked Luke to talk about Responsive Web […]

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