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Pitfalls of managing your business by bank balance
Many small business owners make financial decisions based on how much cash they have in the bank. Unfortunately, there are a number of pitfalls to managing your business this way. Let’s explore some ways that business owners manage by bank balance, … [Read more...]
Getting Going with QuickBooks for Mac: One Real User’s Journey
A freelance writer, I’m a new user to QuickBooks for Mac. Until now, I’ve been managing my business with an ultra-professional jumble of Excel spreadsheets and notes scrawled on a motley heap of notebooks. Oddly enough, this system hasn’t produced … [Read more...]
Double-entry accounting: Why are my transactions entered twice?
QuickBooks newcomers who enter transactions for the first time are sometimes mystified by what looks a bit strange. They write a check and see an offsetting deposit appear right below the check in the register. Then, they enter a credit-card charge … [Read more...]
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