NO FUSS TIPS AND TOOLS DEC 09

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Dec 09 edition of the Tips and Tools Newsletter presented by No Fuss Accounting Services.

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NO FUSS TIPS AND TOOLS DEC 09

  1. 1. Joanne Del Balso From: NO FUSS ACCOUNTING SERVICES [jdelbalso@nofussaccounting.com] Sent: Thursday, February 04, 2010 10:01 AM To: jdelbalso@nofussaccounting.com Subject: No Fuss Tips and Tools for Small Business Having trouble viewing this email? Click here In This Issue No Fuss Tips and Tools QuickBook Tip of Week No Fuss Tips and Tools to assist you in using Your Accounting System your QuickBooks software more efficiently, gain more knowledge in setting up a functional accounting system Gadgets and Tools and maybe find a software, website or gadget that can make your business and personal life easier. Quick Links Wishing you all the best success. Email Us No Fuss Blog QuickBook Tip of the Week More About Joanne www.nofussaccounting.com QuickBooks Tip of the Week! Short cuts to save you time. Debits and Credits QuickBooks is a "double entry" bookkeeping system - every transaction has two sides. Sometimes it might not be clear just what accounts are being posted to in a particular transaction, such as an invoice. Tip: Press ctrl-Y when looking at a transaction to see 1
  2. 2. the transaction journal for that transaction. A transaction journal listing for a specific transaction will show you every account that is debited and credited. It is a quick and easy way to see what is going on "under the hood". Your Business' Accounting System Keep Up to Date Falling behind on your bookkeeping will only make matters worse. Set a specific time aside to deal primarily with recordkeeping. This will make tax time easier and quicker for you or your accountant. If you simply do not have the time necessary to complete the task, then look at outsourcing the work, or bringing in a part-time bookkeeper. This necessary function of business is so crucial to the success of the business that it cannot be put off and/or forgotten. Now is the time to update your books, and see if any "year end" tax planning needs to be taken care for BEFORE year end, because delaying until tax time may be to late for some tax strategies to be put in place. Gadgets and Tools Mobile Device Remote Access Remote Access/Syncing LogMeIn If all you need is occasional access to a single PC that isn't within walking distance, you can get by with this simple remote-access tool. LogMeIn lets you quickly connect to your office computer to grab a file or check an application you don't have on your laptop, all via any computer with a Web browser. (free to $20 per month) www.logmein.com 2

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