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31
drcfo
Carl Stoddard
President of Doctors CFO and creator of The Fine-Ants.
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110 Followers
6 Following
US
https://www.drcfo.com/blog
June 21, 2017
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Wallet
Mute
drcfo
doctor
6y
Sophisticated Users Cost More
September 20, 2018 Carl Stoddard For my many years of working with various tools and software, I have seen what I consider an incorrect correlation that increasing the quality of the tool will alone increase
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drcfo
accounting
6y
Accounting a 24 x 7 Occupation
This was the first FineAnts cartoon and the style changed afterward. Sitting at my desk, I realized that accounting and finance are 24x7 professions. The advent of computers has increased the consumption
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drcfo
quickbooks
7y
The Future of QuickBooks Desktop
If you go to the Intuit website, it is difficult to find information about the desktop products. So what is in store for the QuickBooks Desktop products? From a marketing and research standpoint, the majority
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drcfo
quickbooks
7y
Attaching Receipts and Documents in QuickBooks Online
One of the best things about QuickBooks Online is that it lets you upload attachments and link them to your transactions, customers, and vendors. You can easily become a paper-free office and your CPA
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drcfo
quickbooks
7y
Scanning Apps For Your Phone
I don’t know about you, but, for me it is very hard to nicely center a receipt in the viewfinder of my camera in order to take a picture and post it to QuickBooks. Luckily, there are apps to fix this!
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drcfo
quickbooks
7y
QuickBooks Online Desktop App
While it isn’t “official”, I think the QuickBooks Online Desktop App is Intuit’s way of appeasing Desktop customers who have switched to the Online version. While you don’t have the well-known Desktop
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drcfo
quickbooks
7y
QuickBooks Online ... Bill vs Check vs Expense
This is the area that causes the most confusion for QuickBooks Online users. First, let’s take a look at the definition of each … Bill: This is an invoice you receive from someone you do business with;
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drcfo
petty
7y
Proper Procedures for Petty Cash
Many businesses keep a small amount of cash in the office for incidental expenses. If you, the owner, is away and there is a small expense that has to be paid, it would be appropriate to do so out of Petty
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drcfo
irs
7y
Do You Really Need To Keep All Those Receipts?
Which Receipts Should You Keep? Some business owners keep every receipt they are given, others don’t keep any. Hopefully, you are somewhere in the middle. A basic rule of thumb is to receipts keep proof
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drcfo
medical
7y
Understanding The Clinical Supply KPI for Medical & Dental Providers
By: Carl Stoddard Tracking your clinical supply costs is critical to running a successful medical or dental practice. Definitions are also important, so Intermountain Practice Partners defines clinical
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drcfo
accounting
7y
Accounting Principles & Guidelines
There are general rules and concepts that govern the field of accounting which form the groundwork on which more detailed, complicated, and legalistic accounting rules are based. The phrase “generally
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drcfo
accounting
7y
The Importance of Monthly Bank Reconciliations
Proper reconciliation of bank statements is vital for any business. Almost all of your business transactions go through your bank account; every bill you pay, every bit of revenue you receive. The reasons
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drcfo
accounting
7y
Dependent Children as Employees
If your dependent children are working in your business, it is possible that the IRS will deny the wage expense; even if the children report the income on their personal taxes.This is an area that is very
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drcfo
accounting
7y
Jigsaw Chart of Accounts Puzzle
A Chart of Accounts is very much like a jigsaw puzzle; they come in different sizes with different levels of detail.A 50-piece or 100-piece jigsaw puzzle is pretty easy and can be completed quickly. For
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drcfo
accounting
7y
The Importance of Monthly Bank Reconciliations
Proper reconciliation of bank statements is vital for any business. Almost all of your business transactions go through your bank account; every bill you pay, every bit of revenue you receive.The reasons
$ 0.961
2
drcfo
accounting
7y
Debits and Credits
Over 500 years ago an Italian monk created double-entry bookkeeping which is used by all accounting professionals today. The words, debit, and credit, are very similar to the words that monk used. In
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