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Accounting Tips
Depreciation is expensing of the cost of a fixed asset over its useful life. It's a non-cash expense.
Reading List
The Tipping Point:
Malcolm Gladwell
Words of Wisdom
"A billion here and a billion there, and pretty soon you're talking real money."
Everett Dirksen
QuickBooks Tips
If I use the Enter Bills option, can I use the Write Checks option to pay them?
QuickBooks has two options for handling your payments. One option is to Enter Bills for vendors and then pay those bills. The other is to Write Checks. It is important to note that if you Enter Bills you must use the Pay Bills option. If you use Write Checks, those bills will still show as due and you will end up double counting the expense by entering it once as a bill and then again as a check.
Guest Column
Getting Tax-Time Papers Under Control - Anne McGurty
Make it a goal to make next year’s tax time a breeze by getting organized NOW! Use these tips to set up a simple and effective filing system.
