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Nerd's Guide to the Galaxy
It’s a good day for a clearing account! Or so the expression goes!
Or doesn’t it?
I created this video many moons ago to make it easy for me when I had to explain The Undeposited Funds account.
But the undeposited funds account was always a bit limiting....
It comes up a lot. A client wants to upgrade from QuickBooks Desktop to QBO. My suggestion is always to start a new, clean company and NOT migrate the data. Some clients like the idea, but the ones who hesitate are usually most hesitant because they want a way to access customer history.
...
Last year as I was planning on putting together this Guide To The Galaxy resource, I was thinking about what would make this resource really valuable.
As someone who LOVES playing with a myriad of productivity apps, I thought it would be useful to write some content that showed you a...
At the end of 2022 OpenAI released ChatGPT, the latest iteration of AI software and one that has now taken the internet by storm. Some are going as far as to say this (or something like it) will replace or become Google.
Check out my Guide To The Galaxy Podcast Episode:
If You Mix Up Personal And Business Expenses In QuickBooks Online
This can go two ways:
- Pay for a business expense with personal means (better)
- Pay for a personal expense with business means (commingling)
The bottom line is that it's bad to commingle personal and business funds.
I hope it never...
Slack was purchased by Sales Force on July 21, 2021. I remember being in some Facebook groups at the time, and people worrying about how this would impact them, since they were using it (many at my suggestion) for all of their clients.
The question as always after an Acquisition like this is what...
If you love this tip,
you're going to love my Google Sheets Deep Dive
nerdyurl.com/Google-Sheets
One thing I am promising for 2023 is more content on how to keep really good workpapers to support your calculations that are ultimately used in preparing the bookkeeping for...
I woke up this morning and remembered that a client who recently agreed to pay me for some extra work had never paid me for it. So I looked it up in QuickBooks Online and noted that he had not yet paid the invoice. This was of particular importance to me because I actually don’t want him as...
For a while now I've been missing a really good note taking app.
At the same time you may have noticed my obsession with a number of "productivity apps" and as I've studied more and more of these my research has taught me a term that describes all of these apps perfectly:
Knowledge Management
I...
It happens! It happened to my client not long ago in a galaxy not so far away! He held an event outdoors and collected a bunch of cash for merchandise they sold. They kept good records, but completely forgot to share them with us so we could record everything and pay the sales taxes. And now that...
Most people’s to-do lists create more stress instead of relieving it. But they are supposed to relieve stress, so how can they have the opposite effect? The quick answer is that most to-do lists lack context. For some things, like “remember the milk”, that’s fine....
If you use QuickBooks Online then the question of Class vs Location is bound to come up at some point.
When I am asked by people, which one should I use? My answer is always both!
First let me show you where to go to turn these features on in the QuickBooks Online Settings.
Click the Gear Icon...