Ask the Accountant… Question: I am downloading QuickBooks Premier. Which edition do I pick? Answer: QB Premier has multiple editions built into it. You purchase QB Premier, but select the edition when you are downloading the software. For our industry, choose the Manufacturing and Wholesale Edition. It best suits our business needs, and has a…
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Some business advisors encourage entrepreneurs to have a vision for their business. I agree. And I would encourage you to go much farther. Take some time to close your eyes and envision what your business will look like many years from now. Envision the building. Envision the number of employees. Envision your levels of sales…
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Many people seem to go through life satisfied with just being ordinary; okay with just doing okay. But there’s an amazing world and wonderful options available for all of us who are willing to reach for more and go beyond ordinary. It’s called extraordinary. We can all turn what otherwise might just be just an…
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Do you see your career as just a job? Just a way of making money? Something that keeps you from doing what you really want to be doing with your life? If you can see your career as a calling, it can become a positive expression of you, an integral part of who you are…
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Ask the Accountant… Question: Is it hard to update from my QuickBooks Premier from an earlier year to the current year? Answer: That depends on how old your current QB is. If it’s from the last three or four years, it should be a matter of installing your new QB Premier, and merely opening the…
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In his list of things to do to maximize success, Lou Holtz, the legendary coach and analyst, once said, “Stop watching CNN.” He wasn’t talking about the news station. He was talking about all news sources that only broadcast “CNN”—Constantly Negative News…
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Ask the Accountant… Question: How do you suggest I research credit cards to pay my suppliers and get points? Answer: Credit card points are a nice perk for our industry, but you should only use credit cards for this purpose if you pay the complete balance off each and every month. If you don’t plan…
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Every day we make mistakes—mistakes in business, mistakes in relationships, and mistakes in life. Some people overthink their mistakes. Sometimes overthinking our mistakes can keep us from trying to live our best life today because of mistakes from yesterday. Let it go. Move on. See yesterday’s mistakes as great learning opportunities, and see today as…
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Ask the Accountant… Question: I have a Promotional Products business using QuickBooks Enterprise. Our business has changed, and QuickBooks Enterprise is overkill for us now. Can we convert from Enterprise to Premier? Answer: QuickBooks makes it easy to convert from Premier to Enterprise (a more expensive product), but not convert from Enterprise to Premier. I…
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Ask the Accountant… Question: Is there a good way to keep track of documents related to purchase orders? Answer: We certainly have a lot of paperwork attached to the orders in our industry! It is a challenge to keep a record of orders and the attending documentation. Keeping paper files can be cumbersome, but see…
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