There often is a lot of work that goes with doing a QBO cleanup project. I've seen a lot and have learned a lot. Really it comes down to not being organized at the chart of accounts in the beginning. The good news is that you can do a cleanup but it takes a highly specialized skillset to do so. This video will share some of my secrets to doing QBO cleanups.
The undeposited funds is used as a holding account that can store checks you received from customers but have not yet deposited them to the bank. When you make a bank deposit of several customer payments by check or cash then it can be done in QBO in an organized way using the undeposited funds. This video will teach you how to troubleshoot the bank feeds in matching your bank deposits.
This video will show you how to create invoices in QBO and apply customer payments. It will go over the different ways to track your accounts receivables and see which customers have open invoices. Discover the difference between cash and accrual basis reporting of the profit and loss statements.
I love this new feature in QuickBooks Online that lets you add multiple logos. Learn how to customize your invoices and save recurring invoices by watching my video.
This video will show you exactly what you will see when you first create a new QBO account.
Taking Strengths Finder 2.0 (One of the most valuable things I have done to grow personally and professionally)
I learned about the Strengths Finder 2.0 from Dave Stachowiak during his Coaching For Leaders podcast with Steve Dosier back in 2012. I remember being really intrigued about the Strengths Finder and how it could reveal your top strengths. But I waited another 5 years before I took it myself. What caused me to do it was that I had resigned from my corporate job and I was about to start my own business. I was coming off a 10 year trainer position (teaching Excel among other software apps like QuickBooks). So on my first official Monday on my own self-employed speaking I woke up before 5AM and took the Clifton Strengths Finder 2.0. I [...]