All Eyes on Cannabis – insightfulaccountant.com

Minnesota. Ohio. Oklahoma. Pennsylvania. These are among four states that have a good chance of legalizing recreational marijuana in 2023. If all of the political and societal dominos fall into place, they would join the other 29 states that have done so. After enjoying a sales bump during the early stages of the pandemic, the … Read more

O Intuit Canada! Why Can’t We Have This Here?

Most days, I find myself working in both the Canadian and US versions of QuickBooks (both Desktop and Online). So I have a front-row seat to which features are in the US version, but aren’t in the Canadian one—yet. This article will focus on QuickBooks Online, and features that in my mind should have been … Read more

New Business Insights: Side-hustle Surge Predicted in 2023

Millions of Americans are planning to start new businesses in 2023, driven by the rising cost of living and new ways of working. That’s according to the latest “New Business Insights“survey commissioned by Intuit QuickBooks in December 2022. The survey of more than 15,000 adults throughout the US predicts which states will create the most … Read more

The MacGyver-esque Method of Viewing Funds to Deposit by Currency

Here’s a multicurrency pop quiz: What asset account on both the QuickBooks Online and QuickBooks Desktop Charts of Accounts cannot be set up with a foreign currency, but can be segregated by currency nevertheless? The answer might surprise you: It is Undeposited Funds (aka Payments to Deposit in some QuickBooks Online company files). In a … Read more

Your 4-Step Plan for Assessing Your Tech Options

If you attended Intuit‘s recent epic “QB Connect,” I’m sure you were inspired to implement some new practice strategies and tech solutions for your firm. You likely saw lots of shiny new apps and some up and coming solution providers in the exhibit hall, too. I know you did. It is so exciting to see … Read more

QBO Monday Minute: Success Strategies for Desktop Migration

As businesses adapt to the modern era, many business owners discover how much they can gain from new technology. Growing companies benefit from moving their accounting ecosystem online because it provides all the tools they need to get started, whether it is remote access for you and your employees, automation to streamline processes or dynamic, … Read more

It’s Time to Start Making Your End-of-Year WISP List

Cyber ​​security. It is a topic that’s both critical and mundane. You’ve likely heard about the threats to your company and your client’s data from hackers and cyber thieves repeatedly over the past several years. While this is true, it does not decrease the urgency in which you need to respond to these issues. Quite … Read more

Internet Explorer 11 Ending Feb. 14, 2023 For Most Windows 10 Users

The Internet Explorer 11 (IE11) desktop application is scheduled to be permanently disabled within most Windows 10 computers on Feb. 14, 2023 through a Microsoft Edge updatenot a Windows update. All remaining devices that have not already been redirected from IE11 to Microsoft Edge are scheduled to be redirected on Feb. 14, 2023. Microsoft has … Read more

QBO Monday Minute: Payroll Preparation for Year-end

It’s that time of year again. Time to break out the eggnog, put up the holiday decorations, and finalize payroll for the year. As an accountant, this time of year can be both hectic and stressful. But it doesn’t have to be. By following these simple steps, you can ensure that your year-end payroll preparations … Read more

How Accountants Can Help SMBs as Consumer Spending Dips

Amid ongoing challenging economic conditions, inflation is top of mind for consumers as they try to stretch their paycheck across rising bills, housing costs and everyday essentials. This leaves less money to spend in local small businesses. According to the latest “Xero Small Business Insights” data (XSBI)—which uses aggregated and anonymized data from tens of … Read more