Class tracking is a powerful feature in QuickBooks Online (QBO) that allows businesses to categorize income and expenses according to different parts of their operations. This feature is useful for analyzing profitability across different areas within each account, such as departments, properties, product lines, service lines, or even manufacturers. Here’s an in-depth look at how […]
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Foundational Knowledge in QuickBooks Online QuickBooks Online (QBO) is one of the most popular accounting software platforms available today. It’s widely used by many businesses to manage financial transactions, track expenses, and generate reports that offer insights into the business’s financial health. In prior blogs, you have seen what it can do, but let’s take
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Establishing Clear Fiscal Policies and Procedures In the world of accounting, having clear and defined fiscal policies and procedures is so important for preventing fraud and enhancing departmental operations. By documenting every detail of your accounting processes, you not only protect your organization against potential threats but you can also streamline tasks, making them more
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Understanding and Combating Payments and Occupational Fraud Fraud in financial transactions is a constantly evolving threat to companies worldwide. The Association of Financial Professionals (AFP) and the Association of Certified Fraud Examiners (ACFE) provide informational reports that offer important insights into payment fraud and occupational fraud. The latest data highlights the persistence and evolution of
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4 Best Accounting Software for Startups What’s the one thing every business needs to succeed? Capital. Over 82% of companies fail because they experience cash flow problems. Hiring an accountant or CFO can help, but even with those roles covered, you’ll need accounting software as an SMB. We help startups – and businesses of all
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4 Law Firm Accounting Software Solutions in 2025 The best law firm accounting software can handle trust accounting, time tracking, three-way conciliation and legal invoicing from one centralized platform. Features like customer relationship management (CRM), document management and payroll are additional perks that can help firms better manage their practice, but it really comes down
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Are you using Gusto? Well, we know you have gusto, but are you using Gusto – the app? What is the Gusto App? The Gusto app is a cloud-based payroll and HR software that helps small businesses streamline their payroll, benefits, and HR processes. Why Do I need to use this App? Glad you asked!
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3 Ways Technology Can Reduce Errors In Accounting To err is human. Enter technology. We make mistakes, and that’s OKAY. It’s what makes us human beings. However… When it comes to accurately reporting your business’s finances, one simple mistake can be costly and completely shift your picture of your business’s financial health. The good news
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5 Automated Accounting Systems For Small Businesses As a small business owner, one of your goals is to work as efficiently as possible, correct? We’d hope so! In order to do that, it means it’s time to cut the clutter, ditch the piles of invoices and receipts, and say hello to digital accounting technology. Accounting
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How Accounting Technology Can Benefit Your Business Innovation and invention are born out of need. The need to help, the need to change the world, and the need to fix problems. In the 1880s, William Seward Burroughs invented the first adding machine because he didn’t want to continue to count numbers at his bank job
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