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Blog
Are Physical Company Checks Necessary
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?
Windows Security App Will Not Launch After Upgrading To Windows 11
If you recently upgraded your Windows PC from Windows 10 to Windows 11 and cannot launch the Windows Security app (ex: you click on the Windows Security icon in the taskbar and nothing happens; you right-click Windows Security to try to open View notification options or View security dashboard and are prompted to search the Microsoft Store for an app to open the options), you can try resetting the Windows Security app to its original settings by using the Reset-AppxPackage cmdlet.
How To Launch Task Manager In Windows 11
If you’re accustomed to launching Task Manager in Windows by right-clicking the taskbar and selecting Task Manager, you’ll get quite the surprise in Windows 11 when right-clicking the taskbar only gets you the Taskbar settings. Not quite sure why Microsoft opted to remove this convenient option to access Task Manager but if you find the need to access the Task Manager in Windows 11, you do have some alternative options.
Creating Bootable Windows 11 Installation Media
If you need or want to perform a clean installation of Windows 11, you’ll need to create bootable Windows 11 installation media. To create bootable Windows 11 installation media, you can use the Microsoft Windows Media Creation tool.
How Do Business Owners Get Paid - Part 2
A limited liability company (LLC) with two or more members is defaultly treated as a Partnership for tax purposes.
How Do Business Owners Get Paid - Part 1
If you’ve decided to operate a business as yourself without forming a separate legal business entity, you might be thinking … well, the money flows right into my personal account so that’s how I get paid … while that’s certainly true, it’s not the ideal way to operate as a sole proprietor.
QuickBooks Desktop 2022 Compatibility With Windows 11
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.
Creating a macOS Monterey USB Installer
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).
QuickBooks Desktop 2022 Moves To Subscription Only Model
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.
Use Genuine Software
It should go without saying that you should always purchase and use genuine licensed software.
Business Formation Documents
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.
Reimbursable Employee Expenses
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.
Cash Flow Projections
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.
Don’t Rob Peter To Pay Paul!
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!
Your Business Bank Account Is Not A Personal Expense Account
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.
Financial Projections
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.
Contracts and Agreements
As a business owner, you undoubtedly will need to deal with contracts and agreements.