Anyone that has used QuickBooks for very long knows that there is more than one way to get to most screens and more than one way people get their data entered. I would like to discuss the best way to enter deposits and then follow-up with another way you might be doing it now, and […]

Once your customer has paid their invoice in full, you would like to print them a receipt. What do you need to do? First check your settings.       In Desktop: (using Quickbooks 2014, other years may vary slightly) Double click on any invoice, click Formatting, Manage Template in the top bar. The name […]

When you go to the report section of QuickBooks Online Harmony you will search relentlessly through their menu and wonder what they have done with the deposit report. Although I love the new look of Harmony, the addition of the graphs, and many of their new features, I am not big fan of the report […]

The Closing Date is a setting in QuickBooks that most companies will need to be setting soon. This is set after the books have been sent to the CPA and any adjustments have been made if necessary. This setting should be password protected and shows that the books have been closed for the prior year. […]

To Keep For 3 Years Credit Card Statements Medical Bills (in case of insurance disputes) Utility Records Expired Insurance Policies To Keep For 7 Years Supporting Documents For Tax Returns Accident Reports and Claim Medical Bills (if tax-related) Sales Receipts Wage Garnishments Other Tax-related bills To Keep Forever CPA Audit Reports Legal Records Important Correspondence […]

  All dates assume that the date falls on a business day. If the date falls on a weekend or holiday, the due date will be the next business day.   Estimated Tax Payments For the period: Due date: Jan. 11 – March 31 April 15 April 1 – May 31 June 15 June 1 […]

Record Keeping is important for every small business owner. It helps to have records easily found when filing papers for licenses, completing insurance audit forms, completing paperwork for human resource or payroll issues. You will save time and money if you have your records in order. Fines and penalties can be a costly incentive to […]

Resources: Small Business Development Center http://www.sbdc.eku.edu/ KY One Stop Business Startup http://onestop.ky.gov/start/Pages/default.aspx IRS EIN application http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/How-to-Apply-for-an-EIN State of KY www.Kentucky.gov KY Dept. of Revenue www.revenue.ky.gov IRS www.irs.gov Secretary of State www.sos.ky.gov Unemployment & Labor www.oet.ky.gov OSHA www.osha.gov City of Richmond http://www.richmond.ky.us Madison County http://www.madisoncountyky.us City of Berea http://www.bereaky.gov Richmond Chamber of Commerce www.richmondchamber.com Berea Chamber […]

If you are starting a new business, you are excited but you also have many tasks ahead of you. Sometimes the planning can leave you overwhelmed. Here are 4 important steps to getting started in a brief list to get you going. For additional help with requirements, see your local SBDC office. Let us help […]