Tag: Xero
Prepare Your Form 1099 MISC Online and Paperless
How to Prepare, E-Deliver, and E-File Your 1099-MISC forms in 2013 Every business needs to prepare, deliver, and file FORM 1099 MISC for their non-corporation vendors. In the past, the time and costs of preparing, printing, mailing, and filing 1099 has been quite onerous. In my last post, I covered the basics of setting up [...]
How to set up 1099 tracking in QuickBooks, QuickBooks Online, or Xero
Form 1099 MISC is a Federal “information” tax return that all businesses must produce for every non-corporation vendor (individual, partnership, or estate). Today we’ll talk about how to set up your 2013 1099′s in QuickBooks for Windows, QuickBooks Online, and Xero. See my post about using Track1099 for details on preparing, e-delivering, and e-filing FORM 1099. [...]
Cloud Accounting versus Desktop Accounting
The time has come for us to take a serious look at “Cloud” based accounting products in QuickBooks and Beyond. I know, many of you have already embraced “Cloud” accounting products, but some people haven’t really gotten started. I’m an old “Desktop” guy, and this new fangled “Cloud” stuff makes me uncomfortable. But, rather than [...]
Update Your Payment Terms to Improve Cash Flow
When you started your company, did you include any of the following statements as part of your plan? “We will provide cash flow financing for our customers, and we’ll always let them pay us late.” “We will deliver products and services to our customers regardless of when or if they pay us.” “We will extend [...]
Intuit Opens Customer Financial Data to Developers
Recently Intuit announced that they would be opening up their data aggregation and categorization services to software developers. What exactly does this mean? How does it affect you as a consumer? How does it affect accounting professionals? What the heck do they mean by data aggregation? That term has been used in different places to [...]
Connecting the Pieces in the Chunkified World of Business Processes
For those of us who make a living focused on desktop accounting software such QuickBooks, Peachtree, or any of the dozens of Windows-based accounting products, I see huge disruption, but also exciting opportunities on the horizon. As I look around at new innovations, new venture capital investments, and new successes in the market, I’m becoming more and [...]
Can QuickBooks Keep Up With Microsoft?
If you work with QuickBooks (the desktop version) you know that it is intimately intertwined with Microsoft products. There are advantages to this, but also many disadvantages. I’m wondering how this is going to work out as our industry evolves over the next few years. Let’s take a look at some of these issues, and [...]
Moving towards “Xero” Data Entry and Better Client/Accountant Collaboration
One of my top goals is to keep myself, our company, and our network of consultants on top of technologies and trends that help us grow our business, be more efficient, and make better recommendations to our clients. Lately I’ve been looking at a trend that I believe will make a fundamental change in how [...]
Integrating QuickBooks with ACT! and Xact
Sage ACT! is a widely used CRM system, and there are a number of different products available that can connect QuickBooks with your ACT! system. One very interesting integration product is the Xact Accounting Link for ACT! and QuickBooks.
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