Quickbooks – Brave Accounting

3 New Year’s Resolutions to Work Faster & Make More Money

By braveaccounting on December 17, 2019

The end of the year is fast approaching and that means prepping and preparing for tax reporting. As I review the past year’s bookkeeping, I like to keep a list of reclass items and other issues that surface during my review. I take a little time to ponder the time I am allocating to tasks […]

Check Your Company’s Financial Health: Part 2

By braveaccounting on January 2, 2016

The All Powerful Income Statement Last week we dove into the Balance Sheet, which I am the first to admit is a bit of a snore (though very useful). This week we are going to take a look at arguably the most versatile financial report available (queue drum roll)…the Income Statement. QB or Xero […]

Check Your Company’s Financial Health: Part 1

By braveaccounting on December 21, 2015

The most basic accounting software is going to be able to produce two reports using the accounting entries you have already made: the Balance Sheet and the Income Statement. These two reports are at the heart of financial reporting. Today we will discuss the Balance Sheet. The balance sheet is a snapshot of […]