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3 Reasons Why Your Accountant Should NOT Be Your Bookkeeper

  • Posted by Admin
  • On September 12, 2017
If you are a small business owner, and you are looking for help with your bookkeeping, should you use your accountant?  The answer is clearly, No!  As a small business owner or a self-employed person, you have to wear a lot of hats for your business.  While most business owners know the importance of hiring […]
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The Backup options in Quickbooks

  • Posted by Admin
  • On May 31, 2017
Lee Davis & Company, Bookkeeping Services, Small Business Advising and  Quickbooks Pro-Advisor. When I am conducting training on Quickbooks, I go over the options for backing up Quickbooks. I cannot stress the importance enough of backing up your Quickbooks application.  Here are the backup options for Quickbooks: Manually back up the file. To do this, choose File […]
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Setting up multiple businesses in Quickbooks

  • Posted by Admin
  • On May 12, 2017
Lee Davis & Company, Bookkeeping Services, Small Business Advising, Quickbooks Pro-Advisor. A question I get from desktop users is: how do you set up multiple businesses in Quickbooks (assuming each business files a separate tax return)?  Use the Advanced/Detailed Setup to go through the Easy Setup interview for each company file.  You might also create […]
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Which Quickbooks is right for you

  • Posted by Admin
  • On April 17, 2017
Lee Davis & company, Bookkeeping Services, Quickbooks Pro advisor, Francestown, New Hampshire Obviously, you need a bookkeeping program, right? But it’s not as simple as that. You need to know a few things about your business, such as what kind of accounting method you will be using, what kind of information you need on your […]
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Before you start with Quickbooks, expect a learning curve.

  • Posted by Admin
  • On February 15, 2017
Lee Davis and Company, quickbooks certified, quickbooks pro-advisor, Bookkeeping & Small business startups. Recently I came across this article entitled 5 things Business Owners should know about quickbooks by Tim Sernett.  Before a small business decides to move forward with quickbooks, they need to expect a learning curve.  Too often a company will purchase a […]
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Using Financial Classes in Quickbooks

  • Posted by Admin
  • On February 1, 2017
Lee Davis and Company, Bookkeeping Service, Quickbooks Training, Quickbooks Pro-Advisor. Recently I was working with one of my clients and working through a list of questions she had regarding Quickbooks.  She wanted to be able to track her income by the products she offered.  She further wanted to know how much money she was making […]
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Road Blocks to using Quickbooks?

  • Posted by Admin
  • On January 24, 2017
Lee Davis & Company, Francestown, New Hampshire.  Quickbooks Certified and Quickbooks Online Pro-Advisor.One of my clients purchased Quickbooks on line, while she was familiar with the desktop version, the online version was totally different to her.  What she needed was a basic understanding of the product and how to undue the work she had already […]
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What is the best option for a small business in Quickbooks?

  • Posted by Admin
  • On January 16, 2017
Lee Davis and Company, Francestown, New Hampshire Bookkeeping and small business advising As a quickbooks pro-advisor I often get asked which quickbooks option would be best for my small business?  Before I can give an answer I ask them  a series of questions around how their business works.  I primarily focus on cash, how they […]
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Reducing overhead

  • Posted by Admin
  • On September 17, 2016
The only way to reduce overhead is either increases income or decrease expenses.  Consider the concept of peeling back the onion.
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Improving the Revenue Cycle

  • Posted by Admin
  • On September 17, 2016
Start with the basics, your revenue cycle policy and procedures.   Consider an opportunity to use technology in the training and adherence  of those policies.
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Reducing Practice Overhead

  • Posted by Admin
  • On September 17, 2016
Lowering practice overhead it all about going after the low hanging fruit.  You can be a hero in a short time.
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