The Entrepreneur’s Paycheck

As business owners, we may be so busy making sure the bills get paid and the product gets out the door that we may not be quite as proactive about our own compensation.  To pay themselves, many new business owners take what’s left after employees and vendors have been paid, and that ends up being […]

Eight Ways to Increase Your Profits

Increasing your profits might sound like it’s an unattainable dream just out of your reach. There are a finite number of ways to increase your profits. Once you understand what they are, you’ll have clarity on how to best reach your profit goals. You can then implement them one at a time to increase your […]

Financial Reporting – Profit and Loss Statement

It is important to know the financial state of your business. We know that reading these financial reports may not be as simple as one would think. For this week’s Financial Reporting topic, let’s focus on the biggest one of all – the Profit and Loss Statement.   What is a P&L Statement? A Profit […]

Accounting Services

Do you spend was too much time after a full day of work to finish your accounting workload? If you answered yes, then we can help you! Diversified Business Solutions, Inc. offers bookkeeping and accounting services to help you make running your business so much easier. Our motto is: “Invest Your Time Making Money, Not […]

QuickBooks Keyboard Shortcuts

A keyboard shortcut is a combination of keys pressed simultaneously to perform a function or task that generally requires a mouse or other devices. QuickBooks keyboard shortcuts work the same way except that it only applies when you are a QuickBooks file (Desktop or Online). Whether it’s to close a scree, open a transaction, or […]

Year end Accounting

Year End Accounting It will practically wake you from your peaceful slumber dreams of a winter vacation to Hawaii (or Iceland, we don’t judge). It will make you pace back and forth, talk to yourself, and eventually be the cause of forgetting to stop in mid day to grab lunch. What is this dreadful event? […]

Score with Diversified Business Solutions!

Are the owner of a small business and is looking for a fun and stress-free accounting solution? You have come to the right place! Most business owners face the problem of managing their QuickBooks file that they do not get a chance to manage the rest of their priorities. Let Diversified Business Solutions help you manage your accounting […]

Streamline Your Accounting

Do you need to streamline your accounting? Are you tired of going through piles of accounting records? Do you get frustrated when you fail to deliver financial reports on time? Or are you going crazy due to the numerous inaccuracies and errors that pop up in your financial statements? Well, here are a few tips […]

Areas of the Business an Owner should Outsource

What Areas of the Business an Owner should Outsource? One person can handle only limited number of tasks. It is simply because one cannot be an expert on everything. At some point it becomes necessary to seek help from people who specialize in their fields. It is important to know what areas of the business […]

Xero vs QuickBooks – Choosing Accounting Software

Xero vs QuickBooks Overview You are running a small business, but sometimes the business looks like it’s running you, as you spend much of your time doing the administrative work, rather than running your business. You are hearing multiple things about which accounting software to choose, Xero vs QuickBooks. QuickBooks has been around forever, but […]