A reader asks, "I Use the Order System in QB Premier. Why Don't the Customer Sales Order and Supplier Purchase Order Appear in My Financial Statements?" Read today's edition of "Ask the Accountant" for the answer...
A reader asks, “I am Starting Out as an Ad Specialty Distributor. Is It Better to Set Up My Books on a Cash or Accrual Basis for Tax Purposes?” Read today’s edition of “Ask the Accountant” for the answer...
Customer objections are part of sales. Unfortunately, most salespeople are coming up with answers to…
A reader asks, “Do I need to have a separate checking account for my business?” Read today’s edition of “Ask the Accountant” for the answer…
The sales manager is arguably the most critical position in any organization. Not just responsible for revenue, but responsible for revenue through the ability to influence several sales representatives. The sales manager needs to fully understand the organizational strategic plan, both short and long term...
There’s a certain myth surrounding mergers and acquisitions (M&As). It’s this idea that when a larger company buys a smaller business, it does so with a “slash-and-burn” mindset—meaning that fear of job loss and change usually works its way into the minds of existing employees working within the company being acquired...
Profitable growth … it’s the oxygen of a company. Any organization looking for a silver bullet to…
A reader asks, "Is there a way to handle sales taxes in QuickBooks if you owe multiple government agencies?" Read today's edition of "Ask the Accountant" for the answer...
QuickBooks allows you to set up purchase orders as jobs. A report of profitability by job can be run after the purchase order has been invoiced and the supplier purchase order has been converted to a bill or paid. To set up a job, go to “customer” and then “customer center.” Highlight the...
Distributors generally are great, creative sales people—a skill set that is rare and valuable. It's one you should build on and appreciate. It's the major "super power" that you bring to your business. Applaud yourself for that. How you spend your time to the best of your advantage comes down to...
