Bookkeeping Secrets

Trouble Staying Afloat with Your Business?

2008-12-16T13:16:00.002-05:00

You may have started your own business for freedom from a regular J-O-B, to follow a passion, express your creativity or any number of great liberating reasons. But then something happened and it became tougher and tougher to stay afloat. It’s not easy to keep sales up and all the while, your expenses are increasing and debt is growing.

If things have been getting tough and you feel the entrepreneurial walls closing in on you, take heart. Most small businesses face tough times at some point and even though it seems like there is no way out, there are some very practical solutions and strategies you can implement to reverse the vicious cycle.

One way you can do this is what’s called a “Small Business Turnaround”. This is a process of reorganizing your business so it’s profitable, you’re able to pay bills when they are due and you can also earn a decent living for yourself.

Turnarounds are generally conducted by Turnaround Consultants, but they don’t come cheap. It can cost thousands upon thousands of dollars to work with a consultant and when your business is suffering, it seems impossible to come up with that kind of cash.

If your business is in dire need of an AFFORDABLE turnaround and you’re willing to roll up your sleeves and get a little dirty, here is the perfect option…

Van Lanier’s Turnarounds Made Easy is a unique 6-month program that provides you with weekly guidance and assignments to get your business back on the right track. It even includes a Quick Start Up Plan, so you can see some immediate relief.

Van has been a Turnaround Specialist for over 3 decades and knows what it takes reorganize and structure your business because you shouldn’t have to scramble around every single month. As a member of Turnarounds Made Easy, you also receive personal expert guidance to ensure you’re moving in the right direction.

The program will help you:

- Take control of your cash flow, so you always have what you need available.
- Easily implement financial analysis to help diagnose your business troubles.
- Find your real core business that you can build around.
- Arrange reasonable payments plans with your creditors.
- Raise your prices for bigger profit margins.

…and more. It’s exactly what you need to turn your business around. All the details are available at Van’s website:

Just go check it out - You have nothing to lose - Click here to visit his site

My word for Today

2008-06-16T18:32:00.001-04:00

Last week I had that amazing privelege of being on a call for a client with Ellen Rohr of www.barebonesbiz.com discussing bookkeeping and other financial strategies. It was a great call and very informative. Having another set of eyes on the financial structure of my client's business really gave me some good insight as to what my client's roles should be within their own companies from a financial sense.

The word that stuck with me after the call was Steward. We always hear about companies offering services that will mind business so you don't have to -- enabling you to focus on what you are good at. Well what a mind shift I had after the call. Yes , if you are good at marketing or writing you should have a team in place to do the bookkeeping and web design, so you can get to the core of building and maintaing your businessbut you still need to be responsible for the financial position of YOUR company. You need to take interest in what the financial blueprint of the company tells you. Just remember a great team always needs a great leader. Information gives you that control over your financial future.

It is with this information that you can really start to make better financial decisions, grow your business and make changes that are important for your financial strength.

I invite you to comment on how you are going to learn about becoming the Steward for your company.

Business Credit Cards - Bookkeeping Made Easy

2008-05-11T15:40:00.000-04:00

A small business credit card has a number of advantages. In addition to being able to help with start up costs and providing special rewards that are meaningful to business owners, business credit cards can make bookkeeping much easier. In fact, using a business credit card can take nearly all of the headaches of keeping track of expenses out of your hands, giving you time to focus on company growth.

Business Expenses

To help keep bookkeeping a snap, you can place all of your business expenditures on your business credit card. By having a separate personal credit card and business credit card, you don't have to worry about sorting through your credit card statement to determine which were for your business and which purchases were for personal reasons. In addition, this helps keep the liability for repayment on your business rather than on you personally, which is particularly important if you form any type of business configuration other than a sole proprietorship. In the eyes of the law, other business formations, such as LLCs, are their own entity. Therefore, you are not held personally responsible for the business expenditures because the company is responsible.

Itemized Statements

Generally, business credit cards also provide the cardholder with itemized statements. These may be monthly, quarterly, or annually, depending on the card. Therefore, when you compare business credit cards, you should inquire about how often these statements are issued and choose the one that best suits your business needs. This feature is quite helpful because it frees you from having to keep track of all of your receipts. Instead of sorting through numerous receipts at tax time, you can simply use your itemized statement or take the statement to your accountant. To help make things easier, some of these itemized statements will even categorize your purchases into different areas needed for filing taxes, such as Office Supplies, Entertainment, and Postage.

Earning Rewards

In addition to assisting you with bookkeeping, business credit cards can also help you save money. Many offer travel rewards, special business related discounts, or cash back rewards. When you compare business credit cards, be sure to look at the various incentives they offer in order to find the one that best suits your business. If you purchase a great deal of office equipment, for example, you will want a card that provides points or cash for making such purchases.

If your business requires you to travel frequently, you might want to get a business credit card that provides airline mile rewards. These cards typically offer other benefits that are attractive to the traveling businessperson, such as baggage protection, travel insurance, rental car insurance, and discounts at hotels. Again, these cards take away some of your bookkeeping hassles because you don't have to worry about acquiring these forms of extra protection on your own. Simply use your business credit card and you are covered.

Carrying a Balance

If you anticipate carrying a balance on your credit card from one billing cycle to the next, you should definitely look into acquiring a business credit card with a low APR. Some offer special introductory rates that can last for up to a year depending on the credit card and your credit history. Take full advantage of these cards to get your business up and running and work toward being capable of paying the balance off at the end of each billing cycle. For some businesses, however, carrying a balance is inevitable. Sometimes, paying the balance depends on customer invoicing and customers may not always be reliable about paying their invoices on time. Or, your business may have slow periods where more cash is going out than coming in. In these cases, it is best to acquire a card with a low APR, but that still provides you with all of the desirable bookkeeping features.

For more discussion on how business credit cards can help make bookkeeping easier to manage, Robert Alan recommends that you visit CreditCardAssist.com.

YEAR END UPON US

2007-12-02T09:55:00.001-05:00

I really do hate to be the scrooge of business but I feel I just talk about somethings at year-end that you will want to get a jump on! First let me wish all of you a Happy Holiday season and a very HAPPY NEW YEAR. Early but I get excited this time of year.
Down to business --- For alot of business owners your year-end is based on a Calendar year so you will therefore be closing the books at the end of December -
Some tasks you will want to do from a bookkeeping end.
1. Clean out the Miscellaneous or Suspense account that you so freely used all year.There is no line called Miscellaneous on the tax return so you have to put these items somewhere. If you are unsure where either ask your accountant or make new categories.
2. 1099 forms - These forms must be filled out and send to any subcontractors that you paid more than $600.00 during the year. You will need correct name, address and Social Security numbers for each payee so start gathering them now.
3. Bank Reconciliations - Make sure these are up to date so that you maximize expenses for tax savings.

Should you need any assistance - feel free to contact me at raquelmorphy@rmbizsolutions.com

Automate your business - Cartville Shoppingcart

Select The Right Credit Card Before The Holiday Spending Season Begins

2007-09-17T20:47:00.000-04:00

With the holiday spending season just around the corner, it’s time to start thinking about strategies for not overspending. Ideally, you’d like to be able to get through to the end of the year buying as little as possible on credit. The average family ends the holiday season having spent between $1,000 to $1,500. Since most people don't plan on the expense of their giving, those holiday costs are typically racked up on credit cards, making your new year miserable with money concerns and busted budgets.

If you begin saving a small amount monthly in January, you won’t be tempted to dip into your credit cards. Contributing $100 a month to a Holiday Spending Account will help you save $1200 annually (not including accrued interest). Even though we’re months away from the holiday season, setting aside $100 to $250 for the next few months will give you a bit of relief from your credit cards come December.
So start your Holiday Spending Account today. If you don’t end up using it this year, at least it will be in place for the following holiday season.

If you are tempted to buy on credit in addition to starting a Holiday Spending Account you should find the credit card that’s right for you. With the large number of credit cards available today, finding the best credit card can be overwhelming.
Below is a four step process to guide you in selecting the right cards for you.

STEP ONE: Define your objectives. Do you want to lower an interest rate on an existing card? Do you need to keep your business expenses separate from your personal expenses? Clearly define your objectives before moving on to step two.

STEP TWO: Know the different types of cards. While Credit cards are separated into seven different categories, we’ll focus on the following:

• Regular Credit Cards: These are the traditional credit cards. They give you a specific credit limit based on your financial history and then charge you an annual percentage rate on your outstanding balance.

• Rewards Cards: A Regular Card with "bells and whistles". As an incentive to use the card, you are provided certain rewards depending on how much you charge. These rewards can range from a cash rebate to air travel rewards or benefits at particular retailers. There are many variations and combinations available.

• Business Cards: For business owners and sometimes employees. These are good if you need to separate business from personal expenses. They are basically a Regular card but may also have Rewards features.

STEP THREE: Know the terms of your current cards. If you’ve owned the same card for a while, you’d probably be surprised at how many of the details you’ve forgotten about your card. If you already own credit cards, take a look at the details to see if you can improve in any of the following areas.

- Annual Percentage Rate (APR) on purchases and cash advances
- annual fee
- balance method used for calculating the finance charge
- are there rewards?

Get all the details, then start comparing your existing cards to the alternatives.

STEP FOUR: Choose a card. Now that you know what your objectives are and are familiar with the terms of your current credit as well as the different types of, you are ready to find the best credit card. As a general rule, how often you pay your bills will have a major influence on the type of card you may want to choose. In short, if you carry a balance, consider a credit card with a low APR. If you’re a business owner, you should consider a business card to keep business transactions separate from personal transactions.

Take time this week to review your current credit cards and last year’s holiday spending habits. A little time can save you money and help you begin the New Year in style.

Children Are Priceless, Raising Them Is Expensive

2007-08-15T08:19:00.000-04:00

Ask any parent and I'm sure they'll agree, children are priceless. As a parent myself, I know the joy brought to me by each of my children. But along with each bundle of joy comes a list of bills and expenses. The experts agree, raising a baby to adulthood can cost upwards of $10,000 annually!

If you're a family on a budget, it can be daunting to think of starting a family, or adding to your growing family. Before you give up on your hopes for your growing brood, let's look at some ways to trim expenses.

Housing: Housing is the single biggest expense of raising children. While every parents dreams of giving their child their own room, in some cases that's just not financially feasible. Your child will grow into a safe and secure child, regardless of whether they have to share a room with their siblings.

Other tips:

- Consider refinancing when the rate is more than a percentage point below your current mortgage rate.

- Challenge your property tax bill if you think it's too high.

- Make your home as energy efficient as you can.

Food: Food accounts for the next largest overall expense as anyone with teenage boys in their household will easily agree. While it's difficult to cutback on an essential expense, there are a few things you can do. Set limits on the more discretionary forms of food spending. Tell your children they can spend no more than $10 a week on fast food (McDonalds, junk food and soda). Or eliminate junk food from their diet all together.

Consider joining a warehouse club such as Costco, BJ's or Sam's Club. They're not suited to everyday shopping, but they let you stock up on certain items in quantity, often at substantial savings.

Clothing: Anyone with a teenage daughter knows that clothing costs can increase significantly as the years go buy. Why not borrow a tip from the newborn and toddler years and save and share clothes amongst family and friends. Does your child have an older cousin with hand-me-downs or a girlfriend who has had a growth spurt and outgrown the pair of jeans your child always had her eye on?

Other tips: Buy neutral-colored clothing that can be shared easily among siblings, regardless of gender. Shop sales, and shop at the end of season, so you're not paying a premium for your children's clothes. And once your child is old enough to start generating income, make it clear to them that if they absolutely must have a Lululemon sweater or designer jeans, they'll have to cough up at least part of the cost, if not all of it. You'll be teaching them a valuable lesson in budgetting and saving if you do.

Budeting in Three Easy Steps

2007-08-01T11:28:00.000-04:00

Summer time is the best time to get your finanical house in order. After all, we're past the tax season scramble and can focus on our financial goals before we get hit with holiday spending.

It's never to late to get started on your financial goals. Perhaps you want to make this year the year you become debt free or you're saving for a major purchase like a home or planning a wedding. While many online entrepreneurs understand the importance of getting professional help when managing their business bookkeeping, only a few think to ask for professional help in managing their personal finances.

In the business world, a budget is a key document that provides guidelines on capital expenditure to prevent overspending and ensures the availabilty of funds should the company run into unexpected trouble and require funds. These same principles can, and should, be applied to our personal lives.

There are countless companies that rely on budgeting and financial reporting to manage their day-to-day operations. Budget-savvy CEOs typically do not make a move without consulting their financial plan. Most people understand that business success relies on creating a budget and sticking to it. The companies like Coca-Cola and Dell rely heavily on budgeting and forecasting. I'm here to tell you that personal success does too.

Everyone talks about setting up a budget and sticking to it, but how do you really go about figuring out what your budget is, or should be? Let’s face it, doing a household budget can be pretty dull. But if you’re ready to roll up your sleeves and crunch some numbers, here are three steps to get you on your way.

1. Assess your financial resources
Calculate how much money you have coming in each month from all sources.

2. Determine your expenses
Determine how you spend your money by reviewing your recent spending. Separate fixed expenses (mortgage, rent, car payments, insurance) from variable expenses (food, clothing, entertainment, charitable gifts).

3. Set goals
Establish a list of the finanical goals you wish to achieve.

Once you've figured out how much money is coming in and where it's going, you can put together a plan that matches your goals with your financial situation. The trick towards saving for a major purchase or paying down debt is to pay yourself first. Simply set aside a certain amount of money each month to go into an account that you will not touch or to be applied to your debt.

If the task of creating a budget seems daunting to you, then consider the services of a professional Virtual Bookkeeper. Working with a bookkeeper reduces the stress of managing your personal finances by allowing them to manage things for you. A good bookkeeper can create a highly personalized budget based on your financial goals and income. You can put your mind at ease knowing that a professional plan will be created and managed for you, allowing you to focus on the things that are important to you. They pay your bills weekly and provide you with a snapshot of your financial picture weekly. They do everything - you enjoy the rewards.

Find me on MySpace

2007-07-11T03:02:00.000-04:00

MySpace is most probably now the largest of all social networking website today. Does it surprise you that I'd never really heard of it? With more than 300 million MySpace users and membership growing very fast each day by many thousands (1,001 if you include my new profile!), MySpace is still the king of social networks.

So why am I promoting my business on a social network? MySpace is the online equivalent of your local offline networking venues. Meet & greets no longer take place in your corner coffee shop but it the online forums of places like MySpace and Facebook.

MySpace has the following great features which assist with your marketing and networking:

- One of the basic important features on MySpace is a tool named ‘Friend Adder'. This is a very easy tool which will allow you to add your friends.

- MySpace also allows you to have each member their own blog, and as you know, blogs have become one of the quickest growing trends.

- If you host an event, you can announce it through MySpace (don't ask me how, I don't really know yet!)

You need to use MySpace for your business marketing! I'll be reporting back here periodically on my success. Or you can visit my profile yourself -- be sure to add me to your friends!

Just click the image below to be whisked away to MySpace!

Save Time, Energy & Money By Hiring A Virtual Bookkeeper For Your Online Business

2007-06-25T21:37:00.000-04:00

Typical Online Entrepreneurs or Coaches, especially ones starting out, believe they can keep their own books. Used to wearing all the hats in their business, they think they just need to find a good accounting software program, one that practically enters the matching debits and credits by itself, and they’ll be well on their way to saving money and keeping a close eye on their expenses. After all, when you’re the only one writing the checks and balancing the accounts, how can you not keep track of you’re expenses?

The truth is, you can’t.

The bookkeeping requirements of anyone doing business online differ greatly from the needs of a bricks and mortar business. Different tax rules apply. Multiple sources of income may need to be tracked. Payments to affiliates and joint venture partners need to be accurately calculated to ensure they are getting their dues. Most accounting programs don’t even have templates for the Chart of Accounts required by the online infopreneur.

In the long run, a bookkeeper is not just someone who keeps track of your revenue and receipts, but a key member of your online management team. But it’s important to select a bookkeeper who is an expert in your industry. You don’t want to have to train your bookkeeper on your industry language, income and expense categories and other basics. The more versed your bookkeeper is in the needs of your industry, the faster she can hit the ground running and the sooner you will have good data and meaningful reports.

A bookkeeper is a valued partner in your business. A knowledgeable bookkeeper will get your bookkeeping done quickly and efficiently, meaning less time spent on bookkeeping. Having your books in order will give you the data you need to make informed business decisions. Plus, a skilled bookkeeper can help you track your cashflow and work towards your personal financial goals. In short, specialists are worth their salt because they know how to save you time and money.

Not sure if you can afford to outsource your bookkeeping. Here’s a quick exercise you can try. Using a spreadsheet, calculate how much your time is worth. If you’re a coach or consultant, it will be fairly easy to put a dollar value on an hour of your time. Then compare that figure to the cost of hiring an in-house employee to do bookkeeping. Consider factors like adding a desk and a computer and software, as well as the wage expense. And finally, calculate the cost of hiring a virtual bookkeeper, someone who has her own office, computer and software and is ready to get into action immediately.

Even though adding an in-house or virtual bookkeeper to your management team will increase your expenses, the cost can be justified. Imagine how much more efficient and inspired you will be if you have more time to devote providing the core service or marketing the signature product of your business? Every hour you spend bookkeeping, takes away from being able to earn income. There are added health benefits too. As a solo-entrepreneur, self-care is of utmost importance to the success of your business. Yet that is the aspect that is most often overlooked. Imagine the freedom of releasing yourself from the books and buying back an hour a day to get out and take a long walk or do a 30 minute yoga practice.

What To Look For In A Bookkeeper

As stated previously, it’s important to get a bookkeeper who is an expert in your industry. If you sell products online, your bookkeeper should be familiar with all of the tools you use in your business: your shopping cart, your merchant account, your paypal account, etc. If the bookkeeper you hire will be in charge of your books, rather than just fulfilling a specific bookkeeping function like accounts payable, then it’s important that they have a thorough understanding of your online business.

Here are some quick guidelines to follow when hiring a bookkeeper:

Ask your potential bookkeeper what types of companies they have worked with. If they don’t have experience with online businesses, they aren’t the right bookkeeper for you. It is essential to find a bookkeeper who has experience with businesses similar to yours. Otherwise, you’ll be wasting time and money.

Ask about their rates. Qualified bookkeepers generally charge from $40 - $60 per hour. It’s often worth paying more if your bookkeeper will be in charge of your books and providing detailed reports and helping to achieve your financial goals. An efficient bookkeeper will charge you for less hours and you’ll save money and time in the long run. On the other hand, if your bookkeeper will be doing pure data entry, then you shouldn’t pay much more than $35 per hour.

Inquire about their business structure. Does the bookkeeper do it all or is there a team of qualified junior bookkeepers who are employed to do data entry on your books? Ensuring your bookkeeper has the support of a team, ensures that someone is always available to keep your accounts up to date.

Talk to potential bookkeepers about your business and your needs. An experienced bookkeeper should be able to relate to the specific issues you are facing and should have the experience to know how to anticipate and prevent problems in your business.

With the right bookkeeper on your team, you can save time and money and release yourself from the tasks you don’t like to focus on growing your business.

Top 5 Bookkeeping Secrets

2007-06-08T11:04:00.000-04:00

Now that year end and tax season is over, I have time to get back to updating this blog. I love tax time but not for the reasons you may expect. I love it because it gives me a chance to connect with my clients (I'm a virtual bookkeeper specializing in bookkeeping for Internet Marketers) and help them implement some simple tricks and strategize to help get their books in shape.

Here are my top 5 bookkeeping secrets:

1. Keep an audit trail: I know, fancy bookkeeping word (scary to some because of the word audit) but an audit trail is simply a record of all your invoices, checks and expenses in numeric order. Does it sound daunting? Don't worry - there are many options to choose from when it comes to bookkeeping software. My personal favorite: Quickbooks.

2. Due date reminders: Use your Outlook calendar, Trumba, Google calendar, wall calendar... anything! Be sure to set reminders for bills that are due, tax remittance deadlines, payroll remittance deadlines. You could save thousands of
dollars per year simply by paying your bills on time (not to mention keep your credit rating in check).

3. Bank statements: With the advent of the internet, e-bills are all the rage. Sure it's eco friendly but if you ever get audited, the auditor is going to want to see physical copies of everything, not digital. So at the very least, you should request a bank statement be mailed to you.

4. Keep good records: Too many business owners don't keep good records. Bookkeeping is the glue that keeps your business together. Without good books, you can't make
financially sound decisions for your business.

5. Computer software: The biggest mistake people make is not taking the time to set up the software correctly when they install it on their computers. If you want a financial report you can trust, you will need to be sure it is set up correctly from the start.

A detailed checklist on how to set up your bookkeeping software and other bookkeeping secrets can be found in my ebook: Bookkeeping Secrets Revealed. Don't struggle with your bookkeeping - order my ebook today!

Tax -Time

2006-10-20T08:57:00.000-04:00

So it really is just around the corner and you should start to plan for it. Nope I don't mean Halloween or Christmas - Tax time
If you hire subcontractors you will need to fill out these pesky little forms called 1099s and then a summary page called 1096. So each subcontractor will get a form 1099 and then copy of each and the summary has to be sent you know where. Nope not the North Pole with Santa's letter but to the TAx guys.

Oh by the way - the IRS wants you to use these forms but they don't make it easy to get them. You can't download them - For some reason that's not legal. So you can try to order them for free from the IRS and hope you get them from their fulfillment center or for the sake of about 35.00 you can just go to staples..

Any questions or thougts let me know .

You have to get this book

2006-08-01T15:27:00.000-04:00

I don't usually rant and rave about too many books or other items but this one is a must have. If you are just starting your home business, or have one already and need to maximize its potential, you must read Kristi T's book - "I Love My Life". I will confess that she is a new bookkeeping client so I am a bit biased but she sent me a copy of this book and I truly can't put it down. It has come everywhere with me since I received it - To soccer games, the lawn chair, the drive thru etc.

Kristi has gone to great lengths to take the confusion and stress out of organizing, outsourcing and so many other questions work at home businesses have.

Do yourself a favor and get your copy -

Basic Record Keeping

2006-07-21T23:32:00.000-04:00

Basic Record Keeping
No matter what kind of business you are operating, in any country throughout the world, you must maintain good financial records!
Why Keep Good Financial Records?
Good records keep you informed about the past, present and future financial position of your business. With good records you can determine where your company is heading. You need to know whether your company revenues are going up or down. A new business' chance of survival is greatly increased with good record keeping.
This will also make tax time so much less painful. You will be able to print 1099’s easily, you will have the information you need for the accountant and best of all you will be able to take all the expenses you are entitled to and lower the amount of tax you pay!
Setting Up A System
There are no steadfast rules regarding the method that must be used to record your figures - those kept on paper are just as valid as those stored on the computer. What is important is that your financial records are accurate and updated regularly.
What to Include in Basic Financial Records
1. Record Sales – This would include a listing of your clients, what items were purchases, any sales tax charged, etc.
2. Record Payments received for Sales – This would include keeping a record of credit card sales, checks or cash and any refunds issued.
3. Record Purchases- This is especially important in the areas of auto expense, meals and entertainment, and any large purchases.
4. Record Payments for Purchases – This is especially important in handling fixed assets. You will need to have a record of the date and amount.

New Kid on the Block

2006-07-11T23:14:00.000-04:00

For those of you who have been using 1shoppingcart. com or Aka cartville or a million other names of the same shoppingcart, you have more than likely run into some recent issues they are facing. From affiliate links not working, to clients being deleted, to email breakdowns. But still we who use them stick around loyally, waiting for the techies to make fixing these things a priority and stop telling us it is on there list.

Well out of no where in walks the new kid on the block. There will always be someone to pick up that slack of the company that rests on its laurels so to speak. The new kid has taken tech support and checkmate for them it is awesome. They have taken much needed integrated marketing tools and supplied them at no additional cost.

Why do I care - -- Because it directly affects those bookkeeping clients that have web presence of any type. Do I say leave 1shoppingcart ( Cartville) - no not yet. As all things new this shopping cart has some maturing to do. Some of my clients based on the way they use 1shoppingcart won't even be affected by these problems. But some of you are really getting fed up, week after week problem after problem.

So to let the cat out of the bag --- It is Goldbar.net- - Go check them out. You may feel that there is a solution in case you feel the need to leave.

Credit Card Reconciliation

2006-06-28T22:24:00.000-04:00

I was just reconciling my clients credit card statement in Quickbooks and it reminded me that there are quite a few people who manage this task incorrectly. I have even seen some bookkeepers do it wrong as well.

The part that is incorrect is that they treat the Credit Card bill just like any other bill from a Vendor. They just enter it into the bill section, itemize the different purchase and when the credit card payment is sent they apply the amount to the bill.

A credit card should be treated just like any other Bank Statement. Quickbooks even has a type of account called "Credit Card" that you can setup. You then can enter each purchase into the ledger and then reconcile like a regular statment.

Take the time to setup this method and you will save a lot of headaches later when looking up a purchase or credit from your credit card

Learning New Things Everyday

2006-06-25T10:52:00.000-04:00

It is such a great feeling to learn something that you didn't know or couldn't do. I just figured out on my own how to manipulate the template colors for this blog! Wow - I am not techie at all and I was able to do it. Using common sense, google and trial and error. I may not be an interior decorator so these colors may not be permanent but at least I figured out how. If you have any suggestions for other colors please let me know ...

So you see if you can't do your own bookkeeping .... you probably really can learn how. You just need the determination to have a handle on your finances and not give up. There are so many easy to use tools on the market that make it so easy for you. Just take some time and give it a try . You will feel as great as I do .

Certainly if you need help just let me know.
Email me at raquelmorphy@rmbizsolutions.com

Quickbooks

2006-06-23T21:55:00.000-04:00

Quickbooks - Great Choice!
Well - Of course this is my bookkeeping software of choice. It is the one I use for all of my clients. To me this is a must have for your business. It is so easy to setup, and use. It may seem a bit cumbersome at first but it really is a great program with a ton of features. You can run so many helpful reports and track multiple accounts - just amazing.
Thats not to say it doesn't have its quirks. Of course it does. The top one of my dislikes is how much money you have to spend on customer support. It really is very expensive. But there are a ton of people like myself, who go to forums to help each other out. Just Google "Quickbooks Forums" when you need help. Or just come here and email a question -
So if you are in need of a copy -Go to Quickbooks

2006-06-10T18:17:00.000-04:00

Welcome to the Bookkeeping Secrets Blog! I am very excited that you came for a visit. Come back often as I will provide many bookkeeping tips and tricks, software favorites, even promote great stuff from my clients.!

I look foward to sharing with you!