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OSYB Blog: Number Crunch!

News and Views from OutSource Your Books, LLC

Be a Realistic Optimist

October 2, 2017 by Ed Becker

Glass half-empty or glass half-full?  It seems like most people would prefer to be the latter. Isn’t optimism always a great trait to possess?  Intuit Quickbooks shares an interview with Josh Pigford, founder of Baremetrics, that reveals that optimism should be served with a dash of reality. Entrepreneurs are most likely to lean towards optimism, […]

Understanding and designing your Chart of Accounts in QuickBooks

September 18, 2017 by Ed Becker

The Chart of Accounts is the starting place for any accounting system, including QuickBooks, because it is here that each General Leger Account is defined. From here, you can quickly learn where the money is, where it came from and where it’s gone to. The Chart of Accounts in QuickBooks As illustrated below, the Chart […]

“Accounting Success” for Your Restaurant

September 11, 2017 by Ed Becker

The first thing to do is set up a chart of accounts, and then you should  make sure that the three key accounts complement each other. The very first step you need to take, is to set up your chart of accounts, as everything else hinges on this fundamental list. The trick here is that […]

QuickBooks Online for the Small Business Owner

August 28, 2017 by Ed Becker

With QuickBooks Online, all you need is a laptop or desktop with an internet connection to gain access to your records at any time and from anyplace. This is a great advantage to you as a busy small businessperson on the go, especially if you prefer to do your books at home, away from the […]

An Overview of QuickBooks Desktop

August 24, 2017 by Ed Becker

As a small business owner, your first step is to determine if QuickBooks is right for you, based on the size and needs of your business. Then you must decide which specific product and edition best solves those needs. When QuickBooks may not be the right Accounting Software for your Small or Mid-Sized Business QuickBooks […]

Thank You for Making Us Lucky # 13

August 17, 2017 by Ed Becker

Outsource Your Books, LLC is proud to announce that our blog, Number Crunch, is on Consultants 500’s  Best Blogs About Accounting – Top 20 for 2017 to follow.   Consultants 500 extensively reviewed 137 accounting blogs to come up with the best 20.  With your support and following, we are number 13 on their list.   Our […]

How to Confidently Start with QuickBooks

August 14, 2017 by Ed Becker

Using QuickBooks can be quite simple if you are an experienced bookkeeper, because the basics are the basics, whether you’ve been using a different program, or if you’ve been doing it the old way with a paper ledger. The all-important first choice And that is, do you opt for QuickBooks online or QuickBooks desktop? With […]

QuickBooks Starter Tips

July 31, 2017 by Ed Becker

If you are new to QuickBooks or new to bookkeeping, there are some things you should know before getting started. Hopefully, you have some bookkeeping background because taking on this task can be overwhelming. QuickBooks is quite user friendly and has many tutorials and courses that you can easily access. But without a basic understanding […]