The COVID-19 pandemic and the lockdowns have affected some businesses far more than others. Restaurants are a good example. At one point, they were closed. Then they could reopen, but only for outdoor dining. Then indoor dining was allowed, albeit at a fraction of full capacity. The stand-up bar side
There are various errors that users encounters while installing and updating QuickBooks Desktop. One such errors is QuickBooks Error 1603 that in most instances occurs while installing QuickBooks on Windows for the first time. Primary reasons that trigger error code 1603 includes, Windows security policies interfering with the download and
Although most clients may never have to experience an IRS audit, professionals need to hope for the best, prepare for the worst and put clients’ minds at ease. There are three useful informational resources accounting professionals can rely on for audit guidance: 1. IRS Documentation The IRS publishes forms, instructions and
For most of us, the last 12 months have been a rollercoaster, a fast-track MBA in change management and and definitely an era with a steep learning curve, particularly in terms of technology tools. When the COVID-19 pandemic began in early 2020, I started bringing different communities within industries together, with
Financial details of the transaction were not disclosed, but the purchase will effectively provide FLEETCOR with a modern automation platform for B2B online bill payment. The platform helps SMBs gather and scan invoices and receipts, eliminate manual data entry using machine learning technology, approve and execute payments, setup automated workflows,
In three previous columns, I discussed often-overlooked IRS tax breaks available in 2021 for freelancers, consultants and other self-employed individuals who pay their sons and daughters reasonable wages for work actually done by the children on behalf of their businesses. One discussed dealing with retirement benefits like Social Security taxes.
QuickBooks is a robust accounting software satisfying the needs of numerous businesses and freelance individuals. Among various features that QuickBooks offer, one is the QuickBooks Multi-User Mode where multiple users can work on the same company file from different workstations in a network. Accessing the company file in multi-user environment
Do you agree to everything asked of you because saying “no” feels uncomfortable? As you spread yourself too thin or agree to work outside of scope, you experience burnout, resentment or cynical thoughts. It’s not sustainable, especially during tax season. Consider the client who calls you in a panic to prepare
We learned a lot through recent a Lean billing process improvement project. Today, I’m sharing an overview of what we hoped to achieve with this project, how we approached it, the challenges we faced and where we plan to take it in the future. 1. Opportunities We knew there were several improvements
Keeping your Windows applications updated is an essential task to keep applications free from errors and to improve their efficiency and productivity. As like other Windows applications QuickBooks and its supporting components also needs to be updated on a regular basis. It is also true that most of the errors