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Accounting

5 QuickBooks Online Add-On Apps You May Need to Add

June 1, 2022 by Todd Renner

Not finding quite everything you need in QuickBooks Online? Here are some handy add-on apps available. QuickBooks Online may work for you just fine as is. After all, it was designed to meet the needs of the millions of small businesses that want to manage and track their income and expenses, create records and transactions, […]

Filed Under: Accounting, Management

Take Advantage of Your Financial Statements

November 11, 2020 by Todd Renner

Financial statement information is most useful if owners and managers can use it to improve their company’s profitability, cash flow, and value. Getting the most mileage from financial statement data requires some analysis. Ratio analysis looks at the relationships between key numbers on a company’s financial statements. After the ratios are calculated, they can be […]

Filed Under: Accounting, Management

Tracking Mileage in QuickBooks Online

August 5, 2020 by Todd Renner

If you’re having to drive for work during the pandemic, let QuickBooks Online make sure you’re recording all of your deductible mileage. Many states are starting to open for business again. If yours is one of them and this is affecting you, we hope you’re taking steps to stay healthy. We also hope that you’ve […]

Filed Under: Accounting, Management, Tax Information

Are you accounting in the cloud?

March 25, 2020 by Todd Renner

Is your accounting system in the cloud? Operating in today’s uncertain environment would be much easier if your accounting was cloud-based. There are a number of secure options to allow your company to operate efficiently and allow your staff to work remotely and maintain productivity. Here are a few examples of cloud-based applications that you […]

Filed Under: Accounting, Management, Tax Information

Why Business Structure Matters

March 11, 2020 by Todd Renner

This information is pretty elementary, but it is a good introduction to some of the similarities and differences in legal entities used in business. If you’re thinking of going into business or changing your structure, please contact Woodford Financial for help. When you start a business, there are endless decisions to make. Among the most […]

Filed Under: Accounting, Management, Tax Information

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