Intuit has announced QuickBooks Desktop Pro, Premier, and Enterprise 2022 (R3 or later) are certified as fully compatible with Windows 11 64-bit (natively installed). The key is R3 or later … you must make sure your version of QuickBooks Desktop 2022 is updated to R3 or later if it’s not already.

If you’re ready to upgrade to Apple’s latest version of macOS, macOS Monterey, your best and simplest option is to upgrade your existing installation of macOS to macOS Monterey provided your existing Mac is supported. If your Mac supports macOS Monterey, download macOS Monterey from the App Store and run the installation (or via Software Update, if available).

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.

It should go without saying that you should always purchase and use genuine licensed software.

When you form a new business, you will amass a collection of different business formation documents. Be sure to store the original documents in a safe place and keep copies so you have the documents readily available.

Generally, if an employee incurs legitimate business expenses on behalf of the company and pays for those expenses using their own money or a personal credit/charge card, the employee, subject to the company’s policy and its ownership or management’s approval, may submit a company expense report with the proper receipts/backup for reimbursement through the company.

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!

It should go without saying that your business bank account is intended for legitimate business transactions and is not to be used as a personal expense account.

Tax season for the 2021 tax year is right around the corner!

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.

As a business owner, you undoubtedly will need to deal with contracts and agreements.

On Analysis business bank accounts are typically ideal for businesses that maintain a higher average monthly ledger balance. In other words, you keep/maintain more money in the bank each month.

Year-end bonuses can be a way to show appreciation to your employees for their passion, dedication, and hard work over the course of the year.

Need to run Windows on an Apple Silicon-based Mac?

If you have a Mac with M1, M1 Pro or M1 Max, you can’t use Boot Camp as Apple does not support Boot Camp on M1.

Need to run Windows on a Mac?

If you have an Intel-based Mac, you can use Boot Camp to setup a Boot Camp partition on your Mac to install and run Windows.

Many clients still remit payments by check and that’s certainly fine. With mobile and remote deposit, depositing checks are a lot simpler, easier and much more convenient for businesses. No need to always run to the local bank branch before 5pm to make a deposit.

CPAs and legal counsel provide important guidance, make key recommendations and advise you on pertinent related matters, respectively. However, they do not and cannot make the decisions for you! As a business owner, you are the ultimate decision-maker!