QBO Tutorials

Stay Informed With Our QBO Tutorials

Cash Basis Versus Accrual Basis Financials in QuickBooks Online

January 13, 2017

Understanding your financial statements is key to managing the numbers in your business. In fact, it’s mandatory. One of the main things you need to understand is the difference between your cash basis financial statements and your accrual basis financial statements. You also need to understand what makes them different in your QuickBooks Online file.…

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Creating a Budget in QuickBooks Online

November 14, 2016

Creating a budget in QuickBooks Online is a simple 3-step process. To navigate to the budget area, go to the top right Gear Icon, then select Budgeting under Tools. First, you’ll decide if you want to create your budget from scratch or historical numbers. Second, you’ll have the option as to whether you want to subdivide…

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Exploring the QBOA Accountant Toolbox

September 4, 2018

How to Use The Accountant Toolbox in QuickBooks Online As a QBOA (QuickBooks Online Accountant) user, you get access to some extra features and tools that regular users just don’t have. One of those features is the accountant toolbox. When you are logged in to QuickBooks Online, the accountant toolbox is the briefcase on the…

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Reconciliations in QuickBooks Online

September 5, 2019

Reconciliations are one of the most important tasks that bookkeepers can do to confirm that all of the transactions are in the accounting system (QuickBooks Online in this example). I talk about reconciliations a lot in my courses. Today, I wanted to share a portion of the QBO Month End Master Course where I speak…

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Customizing the QuickBooks Online Chart of Accounts

July 30, 2019

When starting a QuickBooks Online company, you are provided with a basic chart of accounts. It’s basic, but can get you started. But, if you start customizing the QuickBooks Online chart of accounts, amazing things can happen for your business. If you’re looking for a template, you can check out my chart of accounts template…

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Small Business Bootcamp: Bank Reconciliations

Bank reconciliations are super easy to do, and Halon Tax will show you how to perform a bank rec step by step.

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Different Business Structures & Your Tax Bill

Different Business Structures & Your Tax Bill

Halon Tax helps you find the best tax structure for your business.

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How to Navigate the QuickBooks Online Dashboard

QuickBooks Online Dashboard for Accountants When you log in to QuickBooks Online, you may be overwhelmed with the homepage or dashboard. There is some great information in the middle about how the business is operating, but I’m going to show you how to navigate through all the other parts of the QuickBooks Online dashboard. Having…

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Exploring the QBOA Accountant Toolbox

How to Use The Accountant Toolbox in QuickBooks Online As a QBOA (QuickBooks Online Accountant) user, you get access to some extra features and tools that regular users just don’t have. One of those features is the accountant toolbox. When you are logged in to QuickBooks Online, the accountant toolbox is the briefcase on the…

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Understanding Unapplied Cash Payment Income & Unapplied Cash Bill Payment Expenses

We’ve got the answers to why you have the Unapplied Cash Payment Income and Unapplied Cash Bill Payment Expense accounts on your QuickBooks Online report. Where did they come from? Why is QuickBooks Online making the transaction? How do I fix it?

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QuickBooks Online Month End Close Process

Over the years, I created a process for my month end work utilizing QuickBooks Online, since I’m a 100% QBO shop. It has helped me streamline my procedures, which has made me more efficient.

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What is the best choice for mailing QuickBooks customer invoices?

As of June 30th, QuickBooks Billing Solutions no longer provides mailing services as an option for their users. The best choice for mailing QuickBooks customer documents is DocuSend powered by MTI. DocuSend is a web-based service for managing and distributing customer invoices and documents. It is simple, fast, easy to use and works seamlessly with…

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Customizing QuickBooks Online for a Nonprofit

I get asked all the time, “Can I use QuickBooks Online for a nonprofit?” My answer is always, absolutely! You just need a little prep work and proper setup.

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QuickBooks Online for Retailers

QBO for the Retailer

This article was written by William English of English Management Solutions, Inc. In our practice, we have seen a seen a number of our clients move to the QuickBooks Online Platform. In this article, we cover some best practices to ensure your retail clients can use QBO successfully. So what retailers are a good fit for…

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1099 Errors

Top 1099 Errors Made in QuickBooks

It’s 1099 season and there are a few more days until the deadline, January 31st. If you aren’t going to make it, make sure to fill out an extension now (Form 8809)! For the rest of you, I keep seeing some of these common errors made in QuickBooks Online when it comes to 1099s. Here…

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