A client of ours (before becoming a client) lost $118,000 because they weren’t reviewing monthly statements. I’m going to tell you this story – one that is all the more heartbreaking because the business (a bakery) was already on the brink – but first, some basics every small business owner should know (but many don’t): [...]read more
Posted Tuesday, May 15, 2012If you ask business owners why they chose QuickBooks for their bookkeeping needs, you get several basic responses. Some who say “I didn’t give it much thought but I have a friend who uses it.” Others will say “my CPA uses it” A very select group will who rationalized their decision: talk about features, ease [...]read more
Posted Wednesday, April 25, 2012Many businesses come to a point when their QuickBooks file has become too large and to slow and impacts daily usage. The definition of “too large” in QuickBooks is not always clear. You can hit a ceiling based on the size of the file (defined in megabytes, or MB) or the content in the file [...]read more
Posted Friday, April 20, 2012For eight years, the woman worked in accounts payable for a Catholic Archdiocese, gaining the trust of her superiors. Colleagues praised her quiet dedication and hard work, and noted that she prayed often. No one questioned the hundreds of checks she wrote at the archdiocese to cover small expenses, like office supplies and utility bills. [...]read more
Posted Thursday, March 29, 2012
I am a licensed CPA in both New York and Massachusetts, and a member of the American Institute of Certified Public Accountants.