by Laura Sabbagh | Sep 20, 2016 | Accounting, Blog, Cash Flow, QuickBooks
While reviewing a QuickBooks file recently, I checked the monthly bank reconciliation, and noticed it wasn’t prepared. It turns out that my client was clicking everything in the register to check off the items as cleared, and didn’t actually make sure all his...
by Laura Sabbagh | Aug 30, 2016 | Blog, Cash Flow, QuickBooks, QuickBooks Online, QuickBooks Training
A client recently asked me why his bank reconciliation needed to be prepared, and we went over how important it is to make sure all income and all expenses were accurately reflected in his accounting records. He was certain that everything was included, and that the...
by Laura Sabbagh | Aug 4, 2015 | Blog, Cash Flow, QuickBooks, QuickBooks Reports
Getting paid by your customers in a timely fashion is one of the biggest challenges of being a business owner. QuickBooks can help in several ways. You’re meeting your sales goals. Keeping inventory balanced. Making sure that every billable hour gets invoiced....
by Laura Sabbagh | May 14, 2015 | Accounting, Blog, Cash Flow, Cost-Savings Tips, Profitability Tips
A great way to speed up your cash flow is to get paid faster by customers who owe you money. One way to do that is to examine your payment terms to see if you can accelerate them. First let’s talk about what payment terms are common. Then I’ll share a study that...
