The Small Business Doer

This is a review of the DWM Bean Counter website, which is a free online accounting and bookkeeping tutorial. Whether you’re a student of accounting or a small business owner, read on to find out how you can get the most out of this website.

AccountingCoach.com is a website that offers free information on various topics related to accounting. It’s a vast resource aimed at beginners, small business owners and also those interested in pursuing a career in accounting or bookkeeping. There are free and paid areas where you can get tons of information. Read the review if you’d like to see whether it’s suited for you and your company.

Wondering how to compare one piece of accounting software to another? I lay out my criteria for my accounting software comparisons, including what are must-have, important, and nice-to-have features.

A FreshBooks Review. FreshBooks recently went from “painless billing” to “cloud accounting”. How does FreshBooks compare against other online accounting software? Find out in this comprehensive review!

The best way to keep your financials organized is to make sure your bookkeeping is entered in a timely and consistent way. That’s where a QuickBooks bookkeeping system comes in handy.

When receiving a payment in QuickBooks, whether for an invoice or for a sales receipt, do you put the money into undeposited funds or straight into a bank account?

I’ve done my own set of books for over 10 years as well as have had others aid me in the process, whether hired help or family. In the past couple years I started doing bookkeeping for others and have learned a lot (mainly by trying to fix their problems :) !

I’ve got to say that the single, biggest issue that I’ve run into in bookkeeping is not having enough information or knowing how to find the information.

In QuickBooks, what do you do if a customer underpays for an invoice you sent them? You can either leave it an an underpayment or you can write off the extra amount.

In Quickbooks, how do you know when to bill a customer using a sales receipt or an invoice? It depends on if you receive full payment at the same time you make the sale and if the customer is using one or multiple payments methods (ex: debit card and credit card).

When paying for something in Quickbooks using your bank account (debit card / electronic payment) or your credit card, what is the best method to enter the transaction?

Do you use Write Checks, Enter Credit Card Charges, or Enter Bills (and then later Pay Bills)?