Make Bank Reconcilations Easier Using the “Locate Discrepancies” Feature

Over the next few months I’m going to give quick tips about the bank reconciliation feature in QuickBooksTM. There are a lot of wonderful tools that are part of the bank reconciliation feature and learning just a couple of them can make your life a little easier. One of the little known features in the […]

Drumming Up Business During Slow Times

Every economy and every business has its ups and downs. The trick to weathering the storms successfully is to be prepared for them. Reactivate Dormant Accounts The quickest and easiest way to do this is to sit down with your list of past customers, call them, say hello, and see what’s going on. Don’t make […]

June is “Effective Communications” Month

Graduations, weddings and vacations are usually associated with June. But it’s also the time of year when painting contractors are as busy as ever. Learning to delegate involves being a very effective communicator in order to develop the employee without frustrating them or yourself, while still getting the results you want. Here are your productivity […]

Using QuickBooks to Produce Your 1099’s

One of the greatest tools in QuickBooksTM is the ability to print 1099’s from within QuickBooksTM. To set up your system for this feature, go to the preferences, from the Edit menu, then click on Tax: 1099 on the left side, then on the company preferences tab. Answer the question, “Do you file 1099-MISC forms?”, […]

Realizing the True Value of your Business

f you are planning to sell your business, it’s clearly an advantage to have an objective idea of what it is worth. Even though ultimately a business is worth what a buyer is willing to pay, it’s easy for a seller to undervalue and lose out in the deal or to unrealistically overvalue and miss […]

What’s next?

In my earlier post “What Chuck has learned”, Chuck states, “So, what’s next?” Good question. There always ought to be something “next” to draw us forward, engage our interest, and just keep us from becoming content with the status quo. I am a big fan (one might say geek) of NBC’s The West Wing. I […]

10 Reasons Why You Should Become an On Target Business

1. You will change your business – for the better! 2. You will evolve as a person and a professional 3. You will become a better leader and manager of people 4. You will learn to delegate (better, anyway!) 5. You will learn how to evaluate the progress and success of your business 6. You […]

What Chuck Has Learned…

I have been an On Target Member for 4 years now. What I have learned from Linnea and other members has been priceless. Never do I want to take for granted what I have now, that I did not have just a few years ago. I owe this to Linnea and other members of On […]

QuickBooks Tip – Accepting Client Retainers

Do you or do you know someone that accepts retainers from clients? To accept client retainers in QuickBooks: 1. Create a liability account called “Client Deposits”. 2. Create a new item, type is “service”. Name it “Client Deposit” and then pick the liability account you created called “Client Deposits” in the account field. 3. Then, […]