Redmond Accounting Inc

Purchases

New Expensify Home Tab

New Expensify Home Tab and Insights Analytics: Smarter Expense Management for Growing Businesses

Introducing the New Expensify Home Tab and Insights Analytics Expense management has evolved far beyond snapping photos of receipts and reimbursing employees. Today’s businesses want visibility, automation, and actionable financial data. With the introduction of the new Expensify Home tab and Insights analytics, Expensify is moving beyond basic expense reporting into a more strategic financial

New Expensify Home Tab and Insights Analytics: Smarter Expense Management for Growing Businesses Read More »

revenue recognition

Mastering Recurring Revenue: Setting Up Subscription Billing in QuickBooks

Recurring revenue is the lifeblood of subscription-based businesses. Whether you’re running a SaaS company, a membership program, or a service with monthly retainers, predictable income brings stability and growth potential. But recurring revenue also requires careful tracking, accurate forecasting, and streamlined billing processes. QuickBooks Online (QBO) offers the tools to handle subscription billing effectively, helping

Mastering Recurring Revenue: Setting Up Subscription Billing in QuickBooks Read More »

Reviewing inventory in Quickbooks Online

Reviewing Inventory in QuickBooks Online

After reconciling your bank, credit card, Accounts Receivable, and Accounts Payable balances, you might think your Balance Sheet is finally wrapped up. But if your company tracks inventory, there’s another critical step before you can close the books: Reviewing Inventory in QuickBooks Online. Inventory is one of the trickiest areas of accounting. It affects not

Reviewing Inventory in QuickBooks Online Read More »

purcchases

Understanding Purchases Versus Expenses in QuickBooks

In a prior blog post we discussed sales versus income.  Today we will dive into another set of similar terms that have different meanings in QuickBooks. When working in QuickBooks, it’s essential to understand how the terms “purchases” and “expenses” are used. These terms may seem straightforward in everyday language, but in QuickBooks, they carry

Understanding Purchases Versus Expenses in QuickBooks Read More »