Our Blog

By Tammy Hoang, Certified QuickBooks ProAdvisor | Irvine Bookkeeping — Bookkeeping Services Orange County | (949) 482-2790 Sales tax is one of the most consequential — and most frequently misconfigured — functions in QuickBooks Online. For California small businesses, getting the QuickBooks Online sales tax setup right means collecting the correct rate on every taxable sale, remitting to the right agency on the right schedule, and keeping a clean sales tax liability balance o

By Tammy Hoang, Certified QuickBooks ProAdvisor | Irvine Bookkeeping — Bookkeeping Services Orange County | (949) 482-2790 One of the most important distinctions in QuickBooks Online bookkeeping is the difference between recording an expense you have already paid and recording a bill you owe but have not paid yet. When a vendor sends you an invoice and you need to pay it in 30 days, that is a bill — a liability sitting in your accounts payable QuickBooks balance until payment

By Tammy Hoang, Certified QuickBooks ProAdvisor | Irvine Bookkeeping — Bookkeeping Services Orange County | (949) 482-2790 QuickBooks Online is the most widely used accounting software for small businesses in the United States — and for good reason. When set up correctly and used consistently, it handles everything from bank feeds and expense categorization to invoicing, bill management, sales tax, and financial reporting in one cloud-based platform. This guide is the fourth

By Tammy Hoang, Certified QuickBooks ProAdvisor | Irvine Bookkeeping — Small Business Bookkeeping Orange County | (949) 482-2790 Almost every Orange County marketing agency uses freelancers. Copywriters, graphic designers, media buyers, web developers, video editors, social media managers — the modern agency model runs on a mix of employees and contractors. The problem is that many marketing agency owners are not clear on where the line is, and the IRS has a very specific ans

Most small business owners did not start their business to do bookkeeping. They started it to build something. But the financial side of running a business does not wait — and the mistakes that pile up in the books quietly cost money, trigger IRS scrutiny, and make tax season far more painful than it needs to be. The good news is that the most common bookkeeping mistakes are also the most predictable ones. Here are the five we see most often — and what it takes to fix them. M

Running a small business means wearing many hats. You are the owner, the salesperson, the customer service team, and often the person managing every dollar that comes in and goes out. For many small business owners, bookkeeping falls to the bottom of the priority list, something to deal with later. The problem is that later can cost you significantly more than if you had stayed on top of it from the start. A professional bookkeeper does more than organize your receipts. They