The products and services your business sells make it unique. The same thing is true of how these items are set up in your accounting software. Whether you’re using QuickBooks Online or something else, getting your products and services set up right can impact the quality of the information you can get out of your accounting system. Here are the types of items you can set up in most systems. Inventory item Inventory items are…
Read MoreFixed assets are special kind of assets in your business. They include land, buildings, equipment, furniture, and vehicles that your company owns. While we frequently look at expenses to cut costs, fixed asset management is another place we can look to find ways to better utilize our resources and, in some cases, improve our profits. Fixed asset management is a discipline that requires keeping good records of the assets a company owns. In the case…
Read MoreWhether you call it bacon, Benjamins, or big bucks, cash – and having enough of it – is key to running your business. Here are five tips related to managing and getting the most out of your business cash. 1- All banks are not the same. Choose your bank wisely, and don’t be afraid to switch if you need to. Banks know they have a “high switching cost,” which means it’s one big time-consuming hassle…
Read MoreThis was my first DattoCon. For the past 10 years, I have attended Autotask Community Live. This year, due to the merger of Datto and Autotask, the two events were combined into DattoCon. Autotask played a very small part in DattoCon. If you didn’t know Autotask was included before attending, you wouldn’t have known once you got there. This was especially evident by the incredibly small break-out rooms for the PSA track. After the first…
Read MoreSocial security is one of those topics that seems to be minimized by statements like, “You can’t count on it,” and “By the time you reach retirement age, it won’t matter.” Those statements are not only incorrect; they contribute toward a lack of education on what’s possible. Social security is still a large part of how most seniors will be able to fund their final 20 to 30 years of life. The options we take…
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