Category Archives: Bookkeeping

Profits are generated from the sale of assets outside the company’s regular business operations. Revenue accounts record the revenue generated by the entity from revenue-generating operations. These are typically broken down into operating and non-operating revenue. A Chart of Accounts (COA) is an index of all the financial accounts in a company’s general ledger and […]

Make sure you are on the right QuickBooks plan, so you aren’t paying for features you don’t need. For example, if you bought the QuickBooks Plus plan because you thought you’d be using the Project Management feature and you haven’t used it in over a year, consider downgrading to the Essentials plan. However, note that […]

The software is downloaded onto a computer, and data is stored locally; however, most key features can also be accessed using a web browser or the Quicken mobile app. Though some small business accounting software can be purchased through resellers as a standalone program, most are available either for free or on a monthly basis. […]