Benefits of Using Xero vs QuickBooks Online August 07, 2024Rachel Dauchy Discover the benefits of using Xero vs QuickBooks Online. Learn how these top accounting software solutions compare and which one is best suited for your business needs.
Streamline Vendor Relationships with QuickBooks Online: A Guide for Small Businesses August 05, 2024Rachel Dauchy Discover essential bookkeeping tips for new Shopify store owners. Learn how to use QuickBooks Online to manage vendor relationships, streamline your bookkeeping processes, and improve your small business operations
Essential Bookkeeping Tips for New Shopify Store Owners August 02, 2024Rachel Dauchy Discover essential bookkeeping tips for new Shopify store owners. Learn bookkeeping tips for small businesses, Shopify bookkeeping best practices, and how to manage your finances efficiently.
The Benefits of Integrating Shopify with QuickBooks Online July 30, 2024Rachel Dauchy Discover the benefits of integrating Shopify with QuickBooks Online. Learn how this powerful integration can streamline your e-commerce and accounting processes, enhance accuracy, and save you time.
QBO Simple Start Paired with SchoolofBookkeeping.com! July 08, 2024Rachel Dauchy I am excited to announce that NetDeposited is teaming up with SchoolofBookkeeping.com to give users a bundled discount.  The annual price for SchoolofBookkeeping.com is $420, or $35 a month. They are...
Why Do We Need An Accrual Based Accounting Method for Inventory? May 29, 2024Rachel Dauchy This is ABSOLUTLEY my favorite topic to talk about. I am SUCH an advocate of accrual accounting. My thought is that if you are spending the money for a professional...
Understanding the Revenue Recognition Principle: A Comprehensive Guide May 25, 2024Rachel Dauchy At the heart of revenue recognition is the principle that revenue should be recognized when it is earned, regardless of when the payment is received.
COGS vs. Expenses: Understanding Their Impact on Your Business May 24, 2024Rachel Dauchy Typically, indirect expenses are not included in COGS. They should be clarified or possibly rephrased to prevent misunderstanding. For example: "COGS represents the direct costs associated with the production of...
Why Do You Need an Accountant That Specializes in Inventory? May 24, 2024Rachel Dauchy Inventory accounting is a specialized area of finance that deals with the complex process of tracking and valuing inventory—a critical asset for many businesses. The intricate details involved in inventory...
What are the Different Tiers of QBO Payroll? | Understanding How Does Payroll Work in QuickBooks Online May 24, 2024Rachel Dauchy Discover how payroll functions within QuickBooks, including its different service tiers like QuickBooks Online Payroll Core, Premium, and Elite. Learn about submitting payroll, tax compliance, payroll history and the benefits...
Gusto for Payroll Software Review and Pricing May 24, 2024Rachel Dauchy What sets Gusto apart from its competitors is its emphasis on not just serving employers but also enhancing the employee experience. Features like on-demand pay through the Gusto Wallet app...
What Are GAAP Accounting Principles May 23, 2024Rachel Dauchy I know that sometimes accounting can be a boring topic, BUT at NetDeposited, we abide by GAAP rules with everything we do. In the intricate realm of accounting, Generally Accepted...