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Maintaining your transaction registers conscientiously leads to a clearer understanding of your finances.
Last month, we talked about the types of best practices that can lead to more effective use of QuickBooks Online and, ultimately, more thorough knowledge of your finances. The first one was this: Go through your new transactions every day. Categorizing and otherwise expanding on the data brought in by your financial institutions really pays off when it comes to customer billing, reports, and taxes.
Granted, this habit will add time to your daily accounting chores. But there’s a tool on the site that can greatly accelerate this process: Rules. This feature must be used with care to avoid mischaracterizing or, worse, losing track of critical transactions. Here’s how it works.
This article explains how rules work in QuickBooks and how to use this tool efficiently.
The AICPA released a special update late on Saturday, April 4 regarding the Paycheck Protection Program (“PPP”), which authorizes up to $349 billion in forgivable loans to small businesses to pay their employees during the COVID-19 crisis.
Paycheck Protection Program Update
The U.S. Small Business Administration just released the interim final rule to the Paycheck Protection Program (“PPP”), which authorizes up to $349 billion in forgivable loans to small businesses to pay their employees during the COVID-19 crisis.
Growing fear over the coronavirus pandemic has sparked a rise in scam activity, counterfeit products, price gouging and fake cures.
Now present on every continent except Antarctica, COVID-19 has infected more than 125,000 people, and is responsible for more than 4,600 deaths. With the number of cases in the U.S. continuing to climb, individuals and companies alike are taking steps to prepare for a pandemic. From a shortage of masks and hand sanitizer, to CDC-imposed travel restrictions and the cancellation of conferences and other large events across the globe, this public health emergency is rapidly evolving and all sectors are having to navigate its impact and uncertainty around what the future holds.
Novel coronavirus (COVID-19) concerns are having a significant impact on the commercial aviation market. The impact is also being felt by Government contractors with portfolios containing a mix of commercial and Government business, and in particular, by aerospace OEM and parts manufacturers, as airlines ground aircraft and defer new aircraft deliveries. In this environment, companies with contracting portfolios that contain a mix of Government and commercial contracts are better positioned to withstand potential disruption.
Nonprofits and higher education institutions continue to be on the front lines of the novel coronavirus (COVID-19) pandemic. As organizations wrangle with ensuring the welfare of their own people and enabling the “new normal” of remote work, they are also contending with how to continue their mission—all while navigating funding uncertainty.
The old ways of managing risk are not enough to protect the people, products, and proﬁts that shape organizations. Companies must think creatively to survive – looking both inside and outside the discipline of risk for inspiration.
Globally industry has seen a sharp rise in cyber-attacks since the Chinese government disclosed the spread of the coronavirus or COVID-19 within China and internationally. Especially, cyber-attacks focused on health-care systems using spear-phishing and ransomware, impersonation attacks combined with business email compromise (BEC) targeting financial systems, supply-chain cyber-attacks focused on re-directed manufacturing operations outside of China, and distributed denial of service (DDoS) cyber-attacks on the energy, hospitality, and travel industries.
On March 11, the World Health Organization (WHO) declared the novel coronavirus (COVID-19) outbreak a pandemic, with numerous countries—including China, the Czech Republic, Hong Kong, Italy, Slovakia and the U.S.—announcing travel restrictions and social distancing measures. Beyond the immense impacts the outbreak is having on public health, the pandemic directly impacts economic activity and poses unique challenges to businesses across industries because of its potentially compounding and unpredictable consequences.