MISSION

Many businesses use merchant processors to process credit card payments. When you process a payment, you will most likely need it to operate your business. However, its possible for merchant processors to place holds on your money and not provide it to you in a timely manner. In this episode, Bernard Roesch explains why merchant […] The post Why Merchant Processors Hold Payments, and What to Do Ab...

To process credit card payments, you must have a merchant processing account. When you shop around to get setup with a merchant processing account, it can be quite confusing to compare companies. There are many different pricing models and different companies present the pricing in different ways. In today’s episode, Bernard Roesch will explain how […] The post Different Types of Merchant Account...

We’ve talked in other episodes about choosing the right merchant credit card processor for your business. Once you have merchant processing in place, it’s important to have best practice security protocols to keep the credit card information secure. Not only is this a best practice for the benefit of your customers but it will also […] The post How to Secure Credit Card Data as a Business appeared...

As a business you need to be able to process payments. Many of your customers and clients may want to pay via credit card. To process credit card payments you need a merchant credit card processing account. There are many factors to consider when choosing a merchant processor. In this episode, Bernard Roesch explains which […] The post Choosing a Merchant Credit Card Processor for Your Business ap...

Many businesses use QuickBooks to invoice clients and then receive payment at a later time. If you need to do automatic recurring payments where you charge clients on their credit card for a set amount every single month, this can also be done within QuickBooks. In today’s episode, Bernard Roesch explains how to configure automatic […] The post How to Bill and Get Paid Recurring Payments in QuickB...

It’s important to keep your QuickBooks data accurate so that you can use it to run your business effectively. There are certain situations where you pay an expense but may want to log that expense to a previous time period. In today’s episode, Bernard Roesch explains situations of when you may need to do this, […] The post How to Log Expenses to a Previous Time Period appeared first on MISSION .

Financial data is important for many business decisions. However, often data is stored in different places, which makes it easy to analyze different data points for complex decisions. Using an accounting dashboard is a great way to combine metrics and see the relationship between those metrics, even though they may be stored in different places. […] The post Key Metrics to Include in an Accounting...

Business accounting is a process. As with any process, it’s important to streamline things so that you are confident the process is running efficiently. Using third-party payment providers with QuickBooks Online is a great way to streamline your accounting process. In today’s episode, Bernard Roesch shares the pros and cons of using a third-party payment […] The post Pros and Cons of Using Third P...

Having a process to run your business matters. Without a clear process, you won’t be able to deliver a high quality service. The accounting and financial side of your business is the same. In today’s episode, Bernard Roesch will share a simple accounting routine that your Professional Services business can follow. For more information, visit […] The post Simple Accounting Routine for Professional...

In order to get the full value of QuickBooks, it’s important to have your data properly organized. Sometimes you may realize that you need to change the organization of your data. In today’s episode, Bernard Roesch describes how to bulk update QuickBooks data in order to make reorganization easier. For more information, visit www. MissionBusinessPodcast.com. If […] The post Bulk Updating Transacti...

QuickBooks is powerful for financial reporting, but by using advanced features of QuickBooks, such as transaction classes, you can get more value out of your QuickBooks reporting insights. In this episode, Bernard Roesch will talk about the use cases for transaction classes and how to implement them briefly within QuickBooks. For more information, visit www. MissionBusinessPodcast.com. […] The pos...

QuickBooks is a powerful accounting software that has a lot of features built in. But there’s also a lot of third-party apps available in the QuickBooks apps store. These third-party apps provide a wide range of specialized features that many businesses can use even though they are not built in directly to QuickBooks. In today’s […] The post Using Third Party Apps vs Native QuickBooks Features app...

Accounting is all about processes and accounts payable is no different. Your accounts payable workflow is a list of steps to be completed. But with modern cloud-based accounting, you can do your accounts payable process online in a much more efficient way. As a business owner, you should not be involved with any part of […] The post How to Simplify Your Accounts Payable Process with Cloud-Based Ac...

It’s important that all of your financial transactions are logged appropriately within QuickBooks. However, if you have made retirement contributions within your business, it’s important to log those in a specific way. In today’s episode, Bernard Roesch explains how to log retirement contributions appropriately within QuickBooks. For more information, visit www. MissionBusinessPodcast.com. If you...

It’s important to make sure your accounting data is accurate and actionable. However, in business, there are often purchases you make where you pay one time per year, but use the service every month, throughout the year. In today’s episode, Bernard Roesch talks about how to appropriately track annual expenses within QuickBooks. For more information, […] The post How to Track Annual Software Expens...

It’s important to have good records when running your business for many reasons. Sometimes you need to run your personal expenses through your business, but this can cause your business records to be messy. In today’s episode of MissionBusinessPodcast.com, Bernard Roesch explains how to separate personal and Expenses>Business Expenses effectively within QuickBooks. If you have […] The post Separat...

As discussed in other episodes, it’s important to have good records when running your business. But if you decide to sell your business someday, it can be absolutely essential to have good record keeping in order to sell for maximum profit. In some cases, you may not be even able to sell the business at […] The post Bookkeeping Issues That Hurt the Sale of Your Business appeared first on MISSION .

Electronic payments make your accounting process much more efficient. But in order to accept electronic payments such as credit cards, you have to have a merchant processor. There are so many merchant processors in the marketplace that choosing one can be incredibly intimidating. In today’s episode of MissionBusinessPodcast.com, Bernard Roesch explains the most important factors […] The post Choos...

The accounting part of your business is simply a process. Just like any process, there are ways you can make your accounting more efficient. The accounts receivable part of accounting is one of the most important as it determines how you get paid by your customers. In today’s episode of MissionBusinessPodcast.com, Bernard Roesch shares how […] The post Streamline Accounts Receivable with QuickBook...

QuickBooks tracks the accounting records for your business. One of the main uses for accounting records is to determine taxes owed and to keep tax checks or records for a possible audit. However, there are certain situations where you may want to track the financial records of your business for operational reasons different than how […] The post Different Accounting Records – 1 for Business and 1...

Day-day-accounting is one part of running your business. But, tracking assets in your business is also important, especially when it comes to tax time. Bernard Roesch is going to explain how to track business assets and depreciation within QuickBooks. Why Tracking Assets And Depreciation Is Important It’s important to track assets and depreciation in your […] The post Tracking Business Assets and...

As a business owner, you want your business to run smoothly. You’ve probably focused on certain parts of your business more than others. For example, your bookkeeping process is probably not at the top of your mind for something that you need to make sure runs perfectly. This might be fine day-to-day but can become […] The post Avoid Headaches When Replacing Your Bookkeeper appeared first on MISSI...

QuickBooks is a powerful accounting software. But if you use QuickBooks online, you can get even more powerful tools in the app center. In today’s episode of MissionBusinessPodcast.com, Bernard Roesch walks through what the app center is and what can be done with the tools available. If you have any questions about this podcast episode, […] The post QuickBooks Add Ons – Tools For All Types of Need...

To run a business, you need to keep track of certain numbers. These numbers are called key metrics, and they can make running your business successfully much easier. In this episode of MissionBusinessPodcast.com, Bernard Roesch explains why it’s important to have metrics and how to identify and use them in your business. If you have […] The post Tracking Key Metrics to Run Your Business appeared f...

Although metrics are an important aspect of running a business, the main thing that matters with metrics is using the data to make important decisions. In this episode of MissionBusinessPodcast.com, Bernard Roesch shares dashboards as a way to visualize your data and make decisions. If you have any questions about this podcast episode, please feel […] The post Integrating QuickBooks with Third Par...