Setting Up Products and Services

  The products and services your business sells make it unique. The same thing is true of how these items are set up in your accounting software.  Whether you’re using QuickBooks Online or something else, setting up products and services correctly can impact the quality of the information you can get out of your accounting […]

Evaluate Your Marketing Spend

One of the most important success factors of small businesses is the ability to generate revenue.  To do that most businesses need to market their services and products to bring in new customers and sales. The challenge for small business is how to make their marketing dollars work the hardest, and this requires careful tracking […]

Filed an Extension? Five Tips to Make Tax Time Painless

Filed an Extension? Five Tips to Make Tax Time Painless Some people filed an extension and have until October 15th. The deadline to file on April 17th has already passed. Tax time is probably not your favorite time of year, especially if you have to pay the government your hard-earned dollars. Here are five tips […]

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 […]

QuickBooks Bookkeeping Services

Diversified Business Solutions provide QuickBooks Bookkeeping Services to businesses. We believe that you should spend your time making money, not accounting for it. Every business owner know that as business start to grow, it’s probably good idea to look into outsourcing certain areas of the business. Outsourcing your accounting needs will not only help you get […]

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? […]

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 […]

Bookkeeping Services

Bookkeeping Services Is your bookkeeping tasks keeping you up late at night from a long day’s worth of work? Do you find yourself spending too much time going through the books? If so, then you have come to the right place! You are among many people who are being driven up the wall by an […]

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 […]

Tax Planning For Your Business

Tax planning is very important since it affects most aspects of the lives of business people as well as the people in employment. It becomes even more important when you are also doing tax planning for your business. Some people make a mistake of waiting until specific time of the year before they concern themselves […]