Life Of E's

Running a small business, which includes a household (and keeping up with the administrative portion) can get unwieldy in a hurry. If you are starting out and looking for ways to file and organize your business receipts, here are some suggestions:
First, be careful not to make this more difficult than it needs to be. I [...]

Tags: accounting, bookkeeper, credit cards, Marie Gibson, QuickBooksPro, receipts

Not long ago, one of the women in my mentoring group posted this question on our blog:
In addition to your main company, you created Pumpernickel Publishing, LLC.  I recall you mentioning that you separated your publishing company from Emphasis on Excellence, Inc. from a business perspective. I see myself creating a lot of my [...]

Tags: Books, business license, Business-Set Up, credit cards, QuickBooksPro, shopping cart

Here’s a question that came in to me:
Do you have any recommendations for business and personal bookkeeping programs? I am thinking of recommending Quicken to a client but have not used it in years.
I wrote this response:
…and what I use is QuickBooksPro. It does seem to be almost the ‘standard’ now for small businesses.
The person [...]

Tags: bookkeeping, Marie Gibson, QuickBooksPro

Question:
How do I pay myself?
Let me explain:  For accounting purposes, I would like to deposit all the money I make from my services and products into my business checking account.  However, I will need some of this money to pay my personal bills.  What is the best way to do this?
I know that writing a [...]

Tags: accounting, employee, incorporated, officer, paycheck, Quickbooks, QuickBooksPro, S-Corp

Question:
What is your opinion on getting some Quickbooks training?  Quickbooks Pro is new to me and I’m a little lost.  I don’t want to start off making mistakes and I want to learn the right way.  I was quoted $275 for a personalized 3 hour course in which the instructor will come to my house [...]

Tags: accounting, Marie Gibson, QuickBooks training, QuickBooksPro, QuickBooksPro Advisor, tutorial

Question:
Can you give us some advice on the best way to file and organize our business receipts?
Posted by Billy Simms | 07/20/07
Answer:
I think for all members of MEMc, we need to be careful about making this more difficult than it is–so I use a fairly simple system and it works great for me.

At the beginning [...]

Tags: accounting, business receipts, organize, processing, purchases, QuickBooksPro, receipts

Question:
For the type of business that most of us will be running (small, home-based) would you recommend using Quickbooks Simple Start or Quickbooks Pro?
Billy Simms/posted 6/27/07
Answer:
I recommend QuickBooks Pro.  It takes some time to learn, but it’s highly sophisticated and one you learn it, it will grow with you. 
When I started with it about 4 [...]

Tags: accounting, Marie Gibson, QuickBooks Simple Start, QuickBooksPro, QuickBooksPro Advisors