With the launch of QuickBooks Desktop 2023, Intuit has made changes to both pricing and product availability via sales channels for some QuickBooks Desktop products.

Many companies keep physical company checks on hand for their business. However, with payment options like ACH, wires and online bill pay through your financial institution and a variety of other electronic payment options, is it necessary to have physical company checks?

We’ve talked about having a good accounting system/solution to manage your business finances. While there are many accounting systems/solutions to choose from, QuickBooks remains a popular choice used by many businesses. It’s relatively easy to use and navigate. It’s adaptable and flexible to most businesses/business models and you’re sure to find accounting/finance professionals who have experience with QuickBooks.

A cash flow projection is another tool to help manage and monitor the financial health of your business and for fiscal year planning and budgeting. In a cash flow projection, you are projecting your potential monthly cash inflows and outflows.

Steady cash flow is vital for any business but even more so if you’re an independent small business. After all, if you don’t have a steady cash flow, you can’t pay bills, employees or even yourself!

Putting together financial projections for your business is a good exercise and tool for business owners to help manage and monitor the financial health of your business as well as for fiscal year business planning and budgeting.

If you currently use Intuit QuickBooks Desktop or Enterprise software to manage your business accounting and financial needs, you’re probably aware Intuit recently released the latest version of their QuickBooks Desktop and Enterprise software.

Regardless of whether you run QuickBooks locally, in a client/server environment or use QuickBooks with Hosting, you should perform your own routine backups of your QuickBooks company files.

Intuit QuickBooks is an extremely popular, easy to use and learn, flexible yet robust accounting and financial software solution for many businesses.

There are many accounting and financial software solutions available which may be suitable for your business. When choosing a solution, it’s important to select an accounting and financial software solution that contains the functionality and feature set which best aligns with your specific business needs.

While you may think running your small business’ finances using invoices generated in Word or Excel and tracking income and expenses through Excel spreadsheets will suffice, think again!

Now that we’re in Q4 and year-end is quickly approaching, it’s a good idea for small business owners to touchbase with their CPA or tax professional to make sure their business is on the right track for year-end closing.

When evaluating commercial banks for business banking, shop around and carefully review all the different service offerings available.