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PRESS RELEASE: Cassidy Jakovickas, CPA of Fresno, CA Appointed to Intuit’s Accountant Council

Select Panel Advises on Products and Services that Accountants and Their Clients Want Most             FRESNO, CALIFORNIA – June 4, 2019 –Today, Intuit, Inc (Nasdaq: INTU) announced that Cassidy...

Beyond The Numbers: What We’ve Been Reading

Although our team loves using numbers and spreadsheets to help our clients make the best financial decisions, we also enjoy reading great books. Staying well read on both fiction and non-fiction books helps us hone our imagination and introduces us to new, sometimes...

Looking Back At April

It’s hard to believe that we’re at the end of April, but it’s true! This month, we helped our clients wrap up another great (and busy) tax season. There was, as always, a lot of paperwork, emails, and nail-biting involved in the days preceding April 15, but that’s all...

5 Last-Minute Tips For Filing Taxes in 2019

Well, April 15 is almost here, and the tax-related panic is thick. If you haven’t filed your 2018 tax paperwork and are rushing to get your taxes in by the deadline, we’ve decided to give you some last-minute tax advice that will hopefully help ease your stress....

An Introduction To Cybersecurity for Business Owners

Keeping your sensitive business and customer data secure has never been more critical. Whether you are a small business or a national corporation, you can't relax your defenses against those criminals seeking to take advantage of lazy cybersecurity policies. Virtually...

March News Roundup

Wow! It seems like we just started March and we’re already moving into April! As we move into the final stretch of tax season, we’re recapping this month’s news for you, just in case you missed it amid the tax-related hubbub. MBS Accountancy: November Review This...

4 Key Changes To Depreciation Under The TCJA

As the Tax Cuts and Job Act (TCJA) continues to be unraveled by tax professionals, it’s important to review the changes and their implications on business operations and tax strategies. In this article, we’ll highlight TCJA’s changes to first-year bonus depreciation,...

3 Ways A CPA Can Make Your Business Successful

It can often seem unnecessary to hire a certified public accountant (CPA) since bookkeepers and accountants are frequently believed to be the be-all-end-all for a business’ finances. However, there are certain advantages to having a CPA by your side. While we...

3 Myths You Shouldn’t Believe About Accountants

To a business owner, an accountant that helps make sense of business finances can seem like a godsend. Whether you’re just starting your business or are already established, having a great accountant by your side is a sure way to keep your business running smoothly....

3 Ways QuickBooks Apps Can Improve Your Business’ Efficiency

Over 5.6 million businesses use QuickBooks to streamline their business’ accounting. The eye-pleasing interface, streamlined workflows, and powerful automation that QuickBooks provides to these business owners are invaluable, saving them time and money. While...

Hitting the Books With QuickBooks

Reading Time: 2 minutes

As a small business owner, getting your finances in order is a big part of your success. Being able to recognize areas of improvement, assess profits and losses, and implement good billing systems are just some of the things you will have to do in order to build or maintain a successful business. This is where QuickBooks can help you out and make your life so much easier. QuickBooks is a specialized piece of software that will help you as a business owner to manage your money, implement expense billing and sales invoicing systems, and generate various financial reports that you can use to forecast your company’s financial health. QuickBooks is truly amazing and is incredibly useful, especially for small business owners (who are likely wearing many hats as they build their company). While you are getting started with this great software, we would like to offer you some tips on how to avoid the costly and horrible mistakes that many beginners usually make in QuickBooks.

Reconcile Your Accounts

It is very important to reconcile your account on a regular basis. This ensures that you always have an accurate view of the financial health of your business.

Don’t Overlook the Details

Make sure you are putting in the correct information for your company and your customers or clients. Such a small step can have huge consequences down the road.

Backup Regularly

Backing up your QuickBooks data is a step that will save you immense frustration and stress in the event of a system failure. Schedule regular, automatic backups and you will keep your data (and your sanity, too).

Printing Checks

QuickBooks also offers the ability to print checks, allowing you to seamlessly pay vendors and contractors, as well as business expenses, by simply selecting your bank account and hitting “Write Checks”.

Pay Business Bills

QuickBooks offers the ability to set up your business expense billing so you can pay either online or through check. Using this feature will keep your accounts payable under control.

Ask For Help

If you need assistance with setting up your company’s financial information within QuickBooks, ask an expert to help you! At MBS Accountancy, our team consists of QuickBooks experts who will be more than happy to help you any question or puzzling feature. Contact MBS Accountancy today and let us help you make your company’s finances a breeze!

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