cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Everything you need to know about banking in QuickBooks Online - Discover more

Reply to Message

View discussion in a popup

Replying to:
john-pero
Community Champion

Reply to Message


@Rustler wrote:

 

 

3. Cost, you do not make money by paying for things or services that you do not need, Need is different than want, learn that too.  Brand loyalty is a thing of the past, look for the best deals and do not be afraid to change sources.


Except maybe when it comes to your outside accountant. Certainly do not be afraid to change firms. We did so as we have been growing and and it has been a good change as we now deal with outside partners as well as investors.

 

But do be afraid to switch basic methodology, meaning the HOW you keep and record business activity. This is not a blatant plug for QB or even QBDT but changing software mid stream or mid year and without a solid backup of everything can lead to chaos.

 

Example, if you have some years of experience using QB Desktop don't switch to QBO just because your new tax accountant is a QBO only kind of guy. Or switch to Wave and then to Sage and back to QBO when they send you a coupon in the post.

 

Although for the brave, One-Write system with the carbon backing on checks that records the check as you hand write and the fold out 3 page front and back spreadsheet to fill in the data is an excellent, almost free (you already buy checks, just need the "write" ones). Not only does it improve your math skills since you have to use a calculator or adding machine (remember those) to total the columns it can serve as a training module before one jumps into real computer accounting (including but not limited to Excel). Yep, think of it as "paper excel"

Need to get in touch?

Contact us