Understanding The Balance Sheet – Equity Accounts
Equity Accounts are the last stop on the Balance Sheet. The total equity in your business represents the net worth of your business, or the “book value”. Everything you own minus everything you owe...
View ArticleUnderstanding The Balance Sheet: Assets and how to build Net Worth
In last week’s segment we looked at Equity accounts. The equity or the net worth of your business represents the real net worth or value of your business at a moment in time. The assets of your company...
View ArticleUnderstanding The Balance Sheet – Liability Accounts
QuickBooks makes it easy to manage your balance sheet with the infrastructure it has for setting up and tracking all types of liability accounts on your books. You can see a detailed review of How To...
View ArticleUnderstanding And Building Your Profit and Loss Statement
The Profit and Loss statement is arguably the most popular of the financial statements! Most QuickBooks users I have worked with want to know first what does their Profit and Loss look like? This is...
View ArticleUnderstanding The Statement Of Cash Flows An Introduction
The Statement Of Cash Flows is the least understood in my experience and not nearly enough people pay attention to I yet without it you do NOT have the complete financial picture for your company. You...
View ArticleAnalyzing The Statement Of Cash Flows
The Statement Of Cash Flows is broken up into 3 sections and it is important to understand what these sections are telling us about the company. Very often clients ask me when they made (eg $140K) net...
View ArticleNerd Unwraps QuickBooks 2012
This Friday October 28, 2011 at 3pm Pacific Time I will be live online unwrapping QuickBooks 2012! This is a FREE 1 hour webinar and YES you can get the recording if you sign up so even if you can’t...
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