Keyboard Shortcuts for QuickBooks Online

Data entry for bookkeeping is very important and it needs to be accurate.  But it can also be very time consuming.  There are some great time saving keyboard shortcuts for QuickBooks Online that will help you get the right date without having to look at a calendar and with only one keystroke!t: today+ (plus key): tomorrow– (minus key): yesterdayw: first day …

Where is your business without you?

I often tell my clients about the importance of setting themselves up with a bookkeeping system that can continue seamlessly as their business grows and changes. I often ask, “What would you do if your bookkeeper got hit by a bus?” They should be able to work with another bookkeeper if they want, and that should not cause an issue …

Quickbooks Online Tutorial Series -Intro

QuickBooks Online has undergone some big changes since Fall of 2013. In Spring of 2014 they began to transition existing clients from the Classic QBO look over to the new “Harmony” version. You may have just received a notice that your company file is ready to update, and are are wondering whether to hit the “Do It Now!” button, or …

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Invoice vs. Sales Receipt

These are common questions that we get A LOT. – What is the difference between an invoice vs. sales receipt? – When should I use an invoice vs. sales receipt? – Why is this money I got from my customer showing up in my QuickBooks twice? They are all very good questions. INVOICE An invoice is what you send to one …

Cash vs. Accrual – Counting Chickens

Some common questions we hear: What is the difference between cash basis and accrual basis? How does selecting cash vs. accrual affect my reports? How do I decide whether cash vs. accrual is better for my business? These are all very good questions! Selecting cash vs. accrual is like trying to decide whether to count your chickens before they hatch …

Upcoming changes to QuickBooks Online

QuickBooks Online is going through some big changes. Some of these changes are AWESOME, others are going to take a bit of getting used to, and a handful are likely to change back as the programmers receive feedback from users like you.  Keep in mind that your feedback is essential to this process, and that most of these changes are …

It’s Never Too Late! 4 Tips on how to stop procrastinating.

Have you been putting something off for a while? Maybe it’s your books. Maybe it’s cleaning your office. Maybe it’s getting your will or personal affairs in order in case of a worst case scenario coming to pass. Whatever it is, the longer you put it off, the more daunting it becomes. You may start to link emotions of guilt, …

Taking Responsibility for Positive Change

What a January! It’s been a wonderful whirlwind getting all of our beloved clients wrapped up for 2013 so we can submit W2’s and 1099’s by the month-end deadline. January is the busiest month of the year for bookkeepers, and while taking care of the needs of our clients there are a few other aspects of Polymath (such as blogging) …

Happy Holidays 2013

Happy Holidays! Best wishes and plenty of holiday cheer to your family from ours. With love and thanks, Ingrid, Sheri, Darya, Penny, & Polly Polymath, LLC: Ashland Bookkeeping Services

The illusion of failure

 If you haven’t already checked out the blog on Choice, I suggest taking a peek at that one first. The question comes up, what happens when we don’t succeed? Is failure the end result?  When our choices lead us someplace other than our goal, there are some important things to keep in mind. Goals can change. What do we want? …

Risk –> Growth! Why Fear is Holding you Back.

We often do not recognize the roadblocks that are in our way. Those blocks often have their roots in our fears. Fear of failure, fear of success, fear of being called out on our weaknesses. Being afraid takes a lot of energy. How do you shift that energy from the place of fear to a place of success? Choose it. …

Choice – The Foundation of Time Management

I recently had the opportunity to partake in a wonderful presentation on time management by Jayne Donnelly of Altus Effect Coaching. She is an Ashland local and a business coach that can help a business owner through a variety of roadblocks, whether those blocks be mental, financial, or system related. Check out her website here. In Jayne’s presentation, cleverly titled …