Let's Learn with Lemonade! Alright, friends! We’ve talked about the money we make from selling stuff, like lemonade. Now, let's chat about something called Cost of Goods Sold. It may sound fancy, but it’s no...

A Simple Guide Hey everyone! Today we're going to talk about something called Total Revenue. Think Of It Like This: If you have a lemonade stand and you sell cups of lemonade, the money you get from selling ...

Q: I need to set up a new business that rents out storage units. There will be 20 units. What is the best way to track each unit? As separate jobs? A: For storage units, use the same concept we apply to r...

It may be beneficial for you to schedule backup reminders to maintain your routine instead of trying to remember each time you want to backup your file. When creating a backup, you can choose to Save it now...

Think you classes may not be available in your version of QuickBooks? Fear not…this is the Q&A for you. Q: I use QuickBooks to manage a rental properties company. I don’t see class list in my QuickBooks...

Q: I have two business construction and property management – some of our customers and tenants are paying late fees. How would I apply it in QuickBooks? A: Remember, QuickBooks calculates the finance charg...

Who doesn’t want to improve their cash flow? There are many ways to do this, including more persistent collection methods, timely invoicing, and the occasional sale. If you have a merchant account through Q...

Q: What type of industry is used for a mortgage broker? A: As you are a service provider – I would suggest using the General Service-based Business when you create a company file. You can always a...