You don’t need a different accounting system. Wave Apps works just fine.

You don’t need a different accounting system. Wave Apps works just fine. AGHHH!  It’s that time again.  It’s time to sit down at the computer and do the most dreaded task in your business.  No, I’m not talking about collections. I’m not talking about calling a customer that you don’t want to deal with. Yes,…

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How to create a transfer in Wave Apps (Wave Accounting)

HINT: Before you go any further.  If you want to see a larger image of any of the pictures on this page, right click and select “Open Image In A New Tab”.   All the knowledge and understanding in the world is useless if  you can’t effectively transfer and relate that understanding to your clients. See…

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How to track 1099 vendor payments in Wave Apps

I am the Wave Apps Master. No this isn’t a title I’ve given myself. That’s what Todd said when he tweeted this question: The first step you should take doesn’t even involve your accounting system. Before you pay contractor or anyone you know who will need to have a 1099 issued, I recommend to have…

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Which accounting system you should be using

I wish there was a magic wand I could wave and all of your accounting could be done, accurate, and saves you a butt ton of money in taxes (that’s a lotl!).  Unfortunately, that’s not possible. Ultimately the best accounting software to use is the software you use and understand. A few factors need to…

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Your Faith Must Be Stronger Than Your Fear

If you haven’t already heard me mention it before, my wife had her second kidney transplant 5 years ago.  I mention this because it’s a critical part of my story and why I even started my business.  But she was in the hospital again.  🙁  We are somewhat use to going to the hospital on…

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Why I attended Christy Wright’s Business Boutique in Nashville TN

Yes, I attended a business conference for women.  Yes, I’m a man.  No matter what you may hear.  Two month’s in advance, I bought VIP ticket’s to attend Christy Wright’s Business Boutique.  I wanted my wife to see what I’m trying to do in my business and help her understand how many moving pieces there…

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Why You Should Switch To Wave Accounting

Many business owners think there is some great accounting system that will perfectly work.  It will memorize how you categorize transaction and imports transactions perfectly each day.  News Flash.  No such accounting systems exists.  But my favorite accounting system to recommend is Wave Accounting. Wave Accounting is FREE.  There aren’t many complete accounting packages that…

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Cash basis accounting explained

For many business owners, the idea of accounting makes them crawl into the fetal position and cry like they never had before.  But with a little explaining, I think you’ll feel a lot better about your numbers. Cash basis If you have a deposit clear the bank, it will show up on your financial statement.…

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One Accounting Tip You Must Implement

If you can relax, accounting will be much easier. Well that goes for anything right?  Sometimes we get so worked up over our work, relationships, and even worrying about the future.  But when you can relax and have a clear mind working on your accounting you will be able to focus on the task at…

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Tax forms to file for tax season

Okay, I’m not a big fan of H&R Block but they did make this nice infographic that may be helpful.  It shows you which tax forms you will need to file depending on the type of entity you are and other tax forms that may apply. If you have any questions, please leave a comment.…

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