BlogHide Resteemsdrcfo (31)in doctor • 6 years agoSophisticated Users Cost MoreSeptember 20, 2018 Carl Stoddard For my many years of working with various tools and software, I have seen what I consider an incorrect correlation that increasing the quality of the tool will…drcfo (31)in accounting • 7 years agoAccounting a 24 x 7 OccupationThis was the first FineAnts cartoon and the style changed afterward. Sitting at my desk, I realized that accounting and finance are 24x7 professions. The advent of computers has increased the…drcfo (31)in quickbooks • 7 years agoThe Future of QuickBooks DesktopIf you go to the Intuit website, it is difficult to find information about the desktop products. So what is in store for the QuickBooks Desktop products? From a marketing and research…drcfo (31)in quickbooks • 7 years agoAttaching Receipts and Documents in QuickBooks OnlineOne of the best things about QuickBooks Online is that it lets you upload attachments and link them to your transactions, customers, and vendors. You can easily become a paper-free office and your…drcfo (31)in quickbooks • 7 years agoScanning Apps For Your PhoneI don’t know about you, but, for me it is very hard to nicely center a receipt in the viewfinder of my camera in order to take a picture and post it to QuickBooks. Luckily, there are apps to fix…drcfo (31)in quickbooks • 7 years agoQuickBooks Online Desktop AppWhile it isn’t “official”, I think the QuickBooks Online Desktop App is Intuit’s way of appeasing Desktop customers who have switched to the Online version. While you don’t have the well-known…drcfo (31)in quickbooks • 7 years agoQuickBooks Online ... Bill vs Check vs ExpenseThis is the area that causes the most confusion for QuickBooks Online users. First, let’s take a look at the definition of each … Bill: This is an invoice you receive from someone you do business…drcfo (31)in petty • 7 years agoProper Procedures for Petty CashMany businesses keep a small amount of cash in the office for incidental expenses. If you, the owner, is away and there is a small expense that has to be paid, it would be appropriate to do so out…drcfo (31)in irs • 7 years agoDo You Really Need To Keep All Those Receipts?Which Receipts Should You Keep? Some business owners keep every receipt they are given, others don’t keep any. Hopefully, you are somewhere in the middle. A basic rule of thumb is to receipts keep…drcfo (31)in medical • 7 years agoUnderstanding The Clinical Supply KPI for Medical & Dental ProvidersBy: Carl Stoddard Tracking your clinical supply costs is critical to running a successful medical or dental practice. Definitions are also important, so Intermountain Practice Partners defines…drcfo (31)in accounting • 7 years agoAccounting Principles & GuidelinesThere are general rules and concepts that govern the field of accounting which form the groundwork on which more detailed, complicated, and legalistic accounting rules are based. The phrase…drcfo (31)in accounting • 7 years agoThe Importance of Monthly Bank ReconciliationsProper reconciliation of bank statements is vital for any business. Almost all of your business transactions go through your bank account; every bill you pay, every bit of revenue you receive. The…drcfo (31)in accounting • 7 years agosteemCreated with Sketch.Dependent Children as EmployeesIf your dependent children are working in your business, it is possible that the IRS will deny the wage expense; even if the children report the income on their personal taxes.This is an area that…drcfo (31)in accounting • 7 years agosteemCreated with Sketch.Jigsaw Chart of Accounts PuzzleA Chart of Accounts is very much like a jigsaw puzzle; they come in different sizes with different levels of detail.A 50-piece or 100-piece jigsaw puzzle is pretty easy and can be completed quickly.…drcfo (31)in accounting • 7 years agosteemCreated with Sketch.The Importance of Monthly Bank ReconciliationsProper reconciliation of bank statements is vital for any business. Almost all of your business transactions go through your bank account; every bill you pay, every bit of revenue you receive.The…drcfo (31)in accounting • 7 years agoDebits and CreditsOver 500 years ago an Italian monk created double-entry bookkeeping which is used by all accounting professionals today. The words, debit, and credit, are very similar to the words that monk used.…
