Archive for April 2025

Introduction In business, not all financial transactions are paid with cash. Whether you’re working with credit cards, bartering services, or adjusting invoices, non-cash transactions play a critical role in your financial records. QuickBooks, a leading accounting software, offers users the ability to record and manage these transactions efficiently. By accurately tracking non-cash transactions, you can…

What is a Chart of Accounts? The Chart of Accounts Setup is a crucial step for any business’s accounting process. It helps organize your financial records, enabling easy tracking of income, expenses, assets, and liabilities. Whether you’re a small business owner or a bookkeeper, understanding how to set up your Chart of Accounts (COA) correctly…

Introduction to Bookkeeping Accuracy In the world of small business finance, accuracy is everything. Bookkeeping accuracy doesn’t just help you stay organized—it’s essential for tax filing, strategic planning, and business growth. At the heart of Bookkeeping accuracy is one key practice: proper categorization of financial transactions. Whether you’re using QuickBooks Online or any other accounting…