Importance of Inventory Tracking

Importance of Inventory Tracking

When you think about inventory tracking, you’re most likely thinking about physically counting goods or maybe scanning things in and out. Inventory management is more than checking the shelves or warehouse. Robust accounting processes and accounting software help...

New to QBO: Price Rules– automate different prices for different customers Contractor Management – track payments for the appropriate tax slip Employee tax-new setting setup and new sections for tax settings Tags-customizable labels to track information your way...
How to determine a winning pricing strategy

How to determine a winning pricing strategy

Determining how to price your product or service is critical to success. When you are considering what to charge your customers, it’s important to know your costs by: ItemGross margin by itemVolume of sales by item If you have multiple items in a product line, each...
Staying ahead of growth overwhelm by planning ahead

Staying ahead of growth overwhelm by planning ahead

When small business owners want to know the secret to staying in business (profitably!), the answer is to keep planning ahead. Cash flow is typically the biggest challenge for startups and small business owners. Being able to manage your cash flow to cover not just...