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Nonprofit accounting can be intimidating to some people. Instead of tracking just net income, nonprofits track income and expenses based on donor restrictions. This level of tracking ensures the funds are being spent as intended based on the donation and/or grant. QuickBooks Online offers the class tracking feature to assist nonprofits in providing clear and organized financial reports to its stakeholders. When class tracking is turned on in QuickBooks Online, each transacti

Creating efficiency in accounting is not always about working faster. Efficiency can be created in accounting when transactions are coded correctly at the beginning of the workflow to avoid fixing mistakes in later stages. QuickBooks Online has several built-in automation features that may be new to you. My favorite built-in automation feature in QuickBooks Online is the bank and credit card account connector. When you connect your bank and credit card accounts to QuickBooks

A big challenge for small business owners is to keep business and personal financial transactions separate. Most small business owners have a business checking account, but they treat it like their personal account. It is important to keep business and personal transactions separate for several reasons such as: simpler tax reporting, more accurate financial reports, and credibility with lenders or investors. One of my goals is to ensure my clients have clean and accurate book

Do you have goals for your business in 2026? Maybe your goal is to quickly grow your business. Or maybe your goal is to maintain the level of work you have right now and grow a little slower. No matter what your goals are for 2026, here are some basic reminders. Track your expenses and income regularly Make sure your bills and invoices are paid on time Build up your cash reserve for slower months and unexpected expenses Evaluate your salary to make sure it is reasonable for y

Hello and welcome to JLH Accounting Services! Let me tell you a little bit about the winding road that led me here. My career really began while I was in college working as a teller for a local bank. I loved, loved, loved being a teller. It was so much fun getting to know the customers, balancing my cash drawer, and helping out the loan and proof staff. When I graduated with a degree in Finance, my original plan was to continue in the banking world. I held roles in loan

I know I say this every year, but how is it December already?! With only a few short months to the start of tax season, here are some tips to make sure your books are in shape for your tax preparer. Double check that all transactions for all checking, savings, credit card, and loan accounts have been entered by reconciling your accounts to the bank statements. Double check that all income and expenses have been coded consistently. Double check vendors/contractors to make sur