The IRS and Record Keeping for Small Businesses and Self-Employed

The following information is a duplicate of the text found at https://www.irs.gov/businesses/small-businesses-self-employed/recordkeeping. It is copyright by the IRS. Why should I keep records? Good records will help you monitor the progress of your business, prepare your financial statements, identify sources of income, keep track of deductible expenses, keep track of… Read more“The IRS and Record Keeping for Small Businesses and Self-Employed”

Stop QuickBooks From Automatically Placing Check Mark on Print Later and Email Later

This article pertains to QuickBooks Pro for Desktop. Problem: When you create an Invoice, QuickBooks automatically places a check mark in the fields for Print Later and/or Email Later. Solution: This is an option in your QuickBooks for DesktopPreferences. Go to Preferences. Click on Send Forms. Select Company Preferences and… Read more“Stop QuickBooks From Automatically Placing Check Mark on Print Later and Email Later”

Rental Units Should be Classes and Not Customers in QuickBooks

Property managers and owners often have the question, “How do I set up QuickBooks for a property rental company?” I read time and again that for rental property owners/managers, etc., they should set up QuickBooks with the Rental Property as Customer and the Units as Jobs of the Customer. This… Read more“Rental Units Should be Classes and Not Customers in QuickBooks”