How to Record Square Payments in QuickBooks Online

By Amanda Karen | CrunchSum



Square is a convenient way to receive invoice payments from your clients, however the bookkeeping side of recording Square payments in QuickBooks Online can sometimes be tricky. Because of transaction fees, some additional bookkeeping must be completed first before you’ll be able to match your Square deposits in the banking transactions screen. The tutorial below will walk you through how to record Square income transactions step-by-step.

Continue reading

7 Helpful Tips for Getting Started in QuickBooks Online

By Amanda Karen | CrunchSum



You are brand new to QuickBooks Online and have just signed up for your account. Now what? Even though every business is different and every business has different bookkeeping needs, we have compiled a list of 6 common tasks to consider when setting up your QuickBooks Online account.

Continue reading

Bookkeeping: 7 Tips For Year-End

By Amanda Karen | CrunchSum



The end of the year can require a lot of additional work for your business, especially in the area of your business bookkeeping. We have compiled a list of 7 quick tips for those that use QuickBooks Online, to help you ensure that your bookkeeping data is as accurate, complete, and organized as possible for both the upcoming tax season and the upcoming year of business. Please note, this is not a comprehensive list, but just 7 of the best tips we could think of that should apply to most businesses. We also challenge you to take an honest look at your business bookkeeping and evaluate where improvements can be made.

Continue reading

Do You Use the Audit Log in QuickBooks Online?

By Amanda Karen | CrunchSum



*This post has been updated to reflect both the changes that have been made by QuickBooks Online in the name – from “Activity Log” to “Audit Log” – and in the user interface design of the website.

    Audit Log in QuickBooks Online

          Audit Log

          Similar to the Audit Trail in QuickBooks Desktop products, QuickBooks Online has the Audit Log feature. One of the biggest benefits the Audit Log offers is the ability to monitor changes made to your data within QuickBooks Online. Say, for example, in the middle of reconciling your bank accounts you notice that some transactions have been deleted, but don’t remember deleting them. By reviewing your Audit Log for the month, you can easily determine who deleted the transactions and when they were deleted.

            Continue reading

            Why I Hired a Bookkeeper

            By Amanda Karen | CrunchSum



            We recently had the opportunity of interviewing Darcie Harris, Author of Why Women Run Smaller Businesses Than Men, founder of EWF International® and creator of The Alpha Mare Academy™, Darcie Harris is an international speaker, trainer, author, media resource, award-winning consultant and champion for female entrepreneurs. Darcie chose to delegate the task of bookkeeping for her business 10 years ago and talks about her experience and the benefits of doing so below.

              Continue reading

              Should You Hire a Bookkeeper?

              By Amanda Karen | CrunchSum



              bookkeeping

              You are in the early stages of your business or maybe you just started your business. You know that bookkeeping is an important part of owning and successfully operating your business. But, the question is, should you do it yourself or hire someone to complete this task for you? Below, we aim to help you determine what the best fit might be for your business and bookkeeping needs.

                Continue reading