by the Storen Team | Feb 8, 2022 | Businesses, QuickBooks, Resources for Businesses
How-to reconcile credit card processor service fees One of the most common struggles plaguing business owners and bookkeepers alike is reconciling deposits when the credit card processor deducts the service fee from each transaction. This causes the deposit amount and...
by the Storen Team | Oct 21, 2021 | Businesses, QuickBooks, Resources for Businesses
*This blog was updated 6/8/22: Undeposited Funds is now called “Payments to Deposit”. How should you use the Undeposited Funds feature in QuickBooks? Often we find that those who are unfamiliar with Quickbooks start out recording all of their checks to...
by the Storen Team | Jul 27, 2021 | Business Coaching, QuickBooks, Resources for Businesses
We identify potential issues, improve internal processes and consult on best practices “Bookkeeping is the primary way business owners can determine if their business is profitable: keeping an eye on your numbers lets you identify financial challenges early on...
by the Storen Team | Sep 22, 2020 | Businesses, QuickBooks, Resources for Businesses
As a business owner, there are a variety of deductions that you can consider. A popular one is the mileage deduction. The standard business mileage deduction for 2020 is 57.5 cents per mile. If you spend a lot of time on the road, it can add up in a big way. The...
by the Storen Team | Feb 18, 2020 | Businesses, QuickBooks, Resources
In the past six months, Intuit, the maker of QuickBooks, rolled out several new features for their online users. Here are three time-saving features: 1) Receipt Capture is a great documentation feature. According to QuickBooks: Nothing says “tax time” like a...
by the Storen Team | Dec 5, 2019 | Businesses, QuickBooks, Resources for Businesses
Article from QuickBooks As the end of the year approaches, you will need to complete certain tasks in QuickBooks to close out the old year and prepare for the new one. The following sections can help guide you through these end-of-year tasks to make the ending of one...
