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OSYB Blog: Number Crunch!

News and Views from OutSource Your Books, LLC

QuickBooks Online vs. QuickBooks Desktop – Which one is right for your business?

May 22, 2013 by Ed Becker

With an ever-expanding collection of features and options, businesses are left with a difficult choice between QuickBooks Online and QuickBooks Desktop. It is important to analyze your business strategy and choose a platform that will be most beneficial to your unique business model. The Key Differences QuickBooks Online lives in the cloud. It functions as […]

7 QuickBooks Apps that will Maximize Bookkeeping Efficiency

April 29, 2013 by Ed Becker

Synopsis: An overview of 7 exciting QuickBooks Apps that can improve bookkeeping efficiency for small businesses. The rapidly evolving Intuit App Center offers software add-ons that can dramatically improve bookkeeping efficiency. The app center allows 3rd party software developers to create powerful new services that expand the core QuickBooks experience. Below you will find 7 […]

Audit Trail Within QuickBooks

January 25, 2013 by Ed Becker

The QuickBooks audit trail is a great tool for business owners, CPA’s, forensic accountants and anyone who is concerned about the integrity of the accounting files they use. Unfortunately, there are dishonest employees who look for weaknesses in systems and perpetrate fraud everyday. My bookkeeping firm, Outsource Your Books LLC, has been brought in on […]

Memorized Transactions in QuickBooks – What Options Do I Have?

December 15, 2012 by Ed Becker

Most users of QuickBooks have heard of  memorized transactions as a way to save time and effort.  These functions are a great way to simplify usage of QuickBooks and when set up correctly can be used for a variety of functions (bills, invoices, deposits, debit card activity, journal entries, etc). I have guided many of […]

How To Update A Memorized Transaction in Quickbooks

November 17, 2012 by Ed Becker

Many QuickBooks users use memorized entries to save time with daily tasks.  Our consultants at OSYB are always looking for opportunities to implement a memorized transaction for this reason.  If you can save key strokes, you can save time, and who couldn’t use a little time in his or her busy day? As a reminder, […]

How To Clean Up Accounts Receivable in QuickBooks?

October 19, 2012 by Ed Becker

Ever scratch your head while looking at a  journal entry made by your CPA, especially one that leaves items unmatched within your A/R ledger? You may see a corresponding invoice and payment in the A/R ledger that net to a “zero” balance, so why are they even sitting there on an A/R report?  Shouldn’t they […]

Take “Control”- QuickBooks Keyboard Shortcuts

October 11, 2012 by Ed Becker

We all know that QuickBooks is a big part of life for many small business owners, as well as their accountants and bookkeepers.  I’m sometimes surprised to find that such heavy users for QuickBooks don’t know more tricks for speeding up their work inside the program.  There are still many shortcuts  you can utilize to […]

Is Your Email Account Secure?

September 26, 2012 by Ed Becker

When sending sensitive reports and files to your clients, family, attorney or CPA, are you comfortable that your data is secure?  If you answered NO or MAYBE, then you should act now to implement a safer method. You must go above and beyond in safeguarding your email account and the data you send or you […]