Ida Peters

As the year continues to roll on, more product updates from FreshBooks continue to roll out. Here’s a look at all the new and improved features that launched in March, built for owners. Track Project Performance With the Profitability Details Report Want to see exactly how a project is performing? Run a Profitability Details Report. […] The post New & Improved in FreshBooks: Profitability Details Report, Invoice PDFs, and More appeared first on FreshBooks Blog - Resources & Advice for Small Business Owners .

When you’ve got a problem in QuickBooks Online, the ‘easy fix’ is making a journal entry…right? As an accounting professional, you may have been trained to use journal entries liberally (I know I was), but in QBO there are some situations where journal entries help, and some where they can really mess up the books ! The key is knowing which is which and what goes on inside QBO when you create journal entries to make corrections. I’ll share my tips and best practices for using journal entries in a QBO cleanup without messing up the books. Check out my video or keep reading below. Check out my video linked below: Using journal entries in a QBO cleanup without messing up the books Let’s start by talking about using journal entries in general. Many accountants and bookkeepers have been trained to do journal entries to fix the books. I know I was. If there was something wrong with the books, you made a journal entry, regardless of how those transactions got onto the books in the fi

For many new business owners, tax time can be a rude awakening. After all, it’s tough to say goodbye to a big refund of all of the tax your employer withheld from your paycheck. Not to mention filing a return is much more complicated when you’re self-employed. Want to get up to speed as quickly […] The post Keep These Tips in Mind When Filing Small Business Taxes for the First Time in the U.S. appeared first on FreshBooks Blog - Resources & Advice for Small Business Owners .

The highest-earning marketing agencies and businesses today share one thing in common: they know how to leverage the power of SEO, BI, and analytics to stay ahead of the competition. To learn some of the best-kept SEO and analytics secrets from 3 successful agency leaders and entrepreneurs, watch our free, on-demand webinar, “How to Use […] The post Scaling Master Class: How to Use SEO to Grow Your Marketing Agency [webinar] appeared first on FreshBooks Blog - Resources & Advice for Small Business Owners .

When you’ve got a problem in QuickBooks Online, the ‘easy fix’ is making a journal entry…right? As an accounting professional, you may have been trained to use journal entries liberally (I know I was), but in QBO there are some situations where journal entries help, and some where they can really mess up the books ! The key is knowing which is which and what goes on inside QBO when you create journal entries to make corrections. I’ll share my tips and best practices for using journal entries in a QBO cleanup without messing up the books. Check out my video or keep reading below. Check out my video linked below: Using journal entries in a QBO cleanup without messing up the books Let’s start by talking about using journal entries in general. Many accountants and bookkeepers have been trained to do journal entries to fix the books. I know I was. If there was something wrong with the books, you made a journal entry, regardless of how those transactions got onto the books in the fi

The highest-earning marketing agencies and businesses today share one thing in common: they know how to leverage the power of SEO, BI, and analytics to stay ahead of the competition. To learn some of the best-kept SEO and analytics secrets from 3 successful agency leaders and entrepreneurs, watch our free, on-demand webinar, “How to Use […] The post Scaling Master Class: How to Use SEO to Grow Your Marketing Agency [webinar] appeared first on FreshBooks Blog - Resources & Advice for Small Business Owners .

Any project can start well, and quickly get rocky if the right expectations haven’t been established. You might suddenly realise you’re doing more than what was agreed upon. Scope creep is real (not to mention costly for you). And if everyone isn’t on the same page from day 1, you’re going to lose a lot […] The post How to Easily Build Great Quotes for Your Projects appeared first on FreshBooks Blog - Resources & Advice for Small Business Owners .

When you and your employees are in the weeds day in, day out, it can be hard to get a clear perspective on the challenges facing your small business—and how to best approach and overcome those challenges. That’s where business consultants come in. Because these professionals have a degree of separation from their clients’ businesses, […] The post Considering a Career as a Business Consultant? Here’s What You Need to Know appeared first on FreshBooks Blog - Resources & Advice for Small Business Owners .

Over time, every industry changes and evolves. The accounting industry is no different. Technology, trends, and new legislation have changed the profession over the past decades. While there are shifts and changes every year, 2020 was a year of dramatic change. The COVID-19 pandemic accelerated and amplified many accounting trends that had already begun to […] The post 6 Accounting Trends in 2020: Key Takeaways for Accountants in 2021 appeared first on FreshBooks Blog - Resources & Advice for Small Business Owners .

When the current accounting software isn’t working for clients as it should—either because it’s too complicated or doesn’t mesh with their financial or business needs—it may be time for them to make the jump to new accounting software. If your client is interested in changing to new accounting software, they’ll need your help. Transitioning to […] The post Accountants: How To Help Your Client Switch to New Accounting Software appeared first on FreshBooks Blog - Resources & Advice for Small Business Owners .

Managing your workload during tax season can be a challenge. There is a lot of back and forth with clients and they may not be quick to get you the documentation you need. One thing that can make things run more smoothly: a thorough tax preparation checklist that will help clients think through what they […] The post Accountants: 7 Things to Ask Your Clients to Bring for Tax Preparation appeared first on FreshBooks Blog - Resources & Advice for Small Business Owners .

As a small business owner, you are probably pulled in a million different directions. And while you have the best of intentions to get your taxes done and dusted by the filing deadline, sometimes you just can’t get it together in time. Maybe you’re still waiting on documents such as a K-1 from an investment, […] The post Not Ready to File? How to Request a U.S. Tax Extension Based on Your Business Structure appeared first on FreshBooks Blog - Resources & Advice for Small Business Owners .