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Posts Tagged ‘QuickBooks’
Canadian Employees working for a US Company
February 22nd, 2010 by MarshaDo you currently have employees who are Canadian residents and are exempt from Social Security and Medicare withholding because they are participating in the Canadian Pension Plan? Well this is no problem if you (more…)
QuickBooks Document Management for the Mac
February 22nd, 2010 by MarshaQuickBooks 2010 has some great new features including Document Management, which allows you to electronically “paperclip” documents to QuickBooks transactions to stay organized and save time finding what you need. You can (more…)
Duplicate Bills in QuickBooks
February 17th, 2010 by MarshaIt is an unfortunate part of doing business, but sometimes you find that you have double entered a bill into QuickBooks. Not only have the expenses been doubled, but the open bill continually shows up on the Open Accounts Payable list, making you and your boss very frustrated.
Raul Rivera says the best way to correct this issue is to (more…)
Preventing Fraud in a Small Business
January 11th, 2010 by Stephen KingThe statistics about fraud in small business from the Association of Certified Fraud Examiners are staggering:
- 42% of all fraud originates in privately-held businesses
- The median loss in a privately-held business is $123,000
- Two-thirds of frauds are from employees – only 12% had a criminal record
- Frauds take an average of 18 months to be discovered
No system of internal control should be built on trust. Most small businesses have one “trusted” staff person handling all their accounting and financial matters. You can reduce your risk of fraud by (more…)