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QBO Bank Feeds: Add, Transfer, or Match?

QBO Bank Feeds: Add, Transfer, or Match?

by cmehnert01 | Feb 25, 2022 | Small business bookkeeping

When working in the bank feeds in QBO, it can be a bit overwhelming to see all the options available. While the bank feeds are there to streamline the bookkeeping process and make things a bit easier and more efficient, it’s still important to know that the bank feeds...
Mr. Kitty’s #1 Recommendation: Bank Reconciliation

Mr. Kitty’s #1 Recommendation: Bank Reconciliation

by cmehnert01 | Jan 1, 2022 | Small business bookkeeping

What is bank reconciliation? Bank reconciliation is when you compare your bookkeeping records to your bank statements or other documents to see if they match. A lot of times, it is easy to miss errors in the books because there’s so much going on, so many accounts, so...
The Difference Between Sales Receipts and Invoices

The Difference Between Sales Receipts and Invoices

by cmehnert01 | Nov 29, 2021 | Small business bookkeeping

What is the Difference Between a Sales Receipt and an Invoice in Bookkeeping? Many times in bookkeeping, we tend to confuse the concepts of a sales receipt and an invoice. Since both are important but are used differently, it’s good to know how to identify and...
What Information Does my Bookkeeper Need from Me?

What Information Does my Bookkeeper Need from Me?

by cmehnert01 | Oct 23, 2021 | Small business bookkeeping

In the process of hiring a bookkeeper, you should keep in mind that even when they’re on board, your job isn’t quite finished.  The first thing your bookkeeper is going to do is request your financial information, and for some business owners, that in itself is a...
The Difference Between Bookkeepers and Accountants

The Difference Between Bookkeepers and Accountants

by cmehnert01 | Oct 4, 2021 | Small business bookkeeping

One of the first responsibilities that small business owners tend to delegate is that of keeping up with their financial records.  This is a crucial step in any business, as you’re trusting someone to help you make sure you have all your ducks in a row for...
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