Books Blog / Bookkeeping (2)

Are Your Books Ready for Tax Prep?

3 MIN READ With 2020 officially in the rearview mirror (see ya never!) and our sights set on 2021, it's time to start thinking about fresh starts, new beginnings, and, of course,...

5 Things You Need to Know About Vendors in QuickBooks

3 MIN READ We field a lot of questions from advisors about how to handle vendors in QuickBooks. We get it. There’s a lot to keep track of and you signed up to be a financial...

How to Create Bank Rules (to Save Time!) in QuickBooks Online

7 MIN READ Ask any advisor what they need more of and chances are they won’t say clients first—they’ll say time. While we’re incapable of offering you more than 24 hours in a day...

Shared Transactions: How to Make a Clean Split in QuickBooks Online

4 MIN READ Even during these unique times of social distancing, sharing can still be caring, at least for some transactions within your books. If it's not immediately obvious,...

Doing Your Own Bookkeeping? Avoid These Common Mistakes

3.5 MIN READ When new clients come to us with neglected books, the first thing we do is clean them up. This simply means we find mistakes—often the result of bad bookkeeping...

Payroll Service Options for Your Small Business

3 MIN READ A wise person once said, “Outsource your payroll.” We don’t know who exactly that wise person was, but here at FA Bean Counters, we believe that using a payroll service...

What Small Businesses Should Know About the Paycheck Protection Program

4 MIN READ Updated April 7, 2020 at 12:30 PM MT With the advent of the $2.2 trillion (yes, that’s a t, not a b) government stimulus package in light of the novel coronavirus,...

How to Record AdvicePay Deposits in QuickBooks Online

6 MIN READ Let’s talk about AdvicePay. We work with many advisors here at FABC who use this billing and payment solution—after all, it’s specifically designed for fee-for-service...

5 Bookkeeping Items to Double-Check Before Finalizing Your Tax Return

3 MIN READ Getting ready to finalize your tax return? STOP! Before you call it done, double-check these five things to make sure your return is really ready to be filed. #1. Are...

1099 FAQs: What Small Business Owners Need to Know

Click here to find an updated version of this blog. Here at XYPN Books, we receive a lot of questions from small business owners about 1099s. A LOT. And we’re happy to answer...