How to Fix: Bank Reconciliation Beginning Balance Error in QuickBooks.
How to Fix: Bank Reconciliation Beginning Balance Error in QuickBooks. Using QuickBooks for accounting? You may have come across an error message saying, “Your account isn’t ready to reconcile yet. Your beginning balance is off by $$.” This can be quite frustrating, especially when you’re trying to finalize your books and ensure accurate financial records. […]
What are payment terms? How to use invoice payment terms to protect your business?
What are payment terms? How to use invoice payment terms to protect your business? Knowing how to send an invoice appropriately is essential as a self-employed freelancer or small business owner. Payments made on time keep cash flowing, and money in hand is worth more now than it will be later. According to QuickBooks, small […]
2024 complete list of small-business tax deductions
2022 complete list of small-business tax deductions When you’re the owner of a small business, tax season may be stressful. Which of your previous year’s costs, such as rent, inventory, payroll, or utilities, are tax-deductible ? Have there been any new deductions added? Have additional small business deductions become invalid as a result of tax […]
How to follow up on past due invoices: Guide & payment reminder letter templates
How to deal with past due customer invoice: a full guide & payment reminder email template A past due invoice is a source of aggravation for many small business owner. More or less than a 25% of small businesses say that in an average businesses take around one month to pay each invoice. By More […]