QuickBooks Support & Training

Are you serious about your investments? As an investor, you need to be serious about budgeting and tracking costs, if you are want to make a profit! Are you a rehabber? Do you own rental property? Do you do short sales? I just read an article this morning about how the IRS is attempting to distinguish between LLCs and corporations who merely file for that type of status and those that actually maintain a separate business structure.

If you are serious about your investments, you need to be just as serious about maintaining your business as a separate entity, meaning that you keep your business bank accounts separate from your personal funds. You record every transaction accurately and in a timely manner, keeping your personal transactions separate from your business transactions.

Are you guessing at your costs, losing track of expenses associated with your investments, hoping you will make a profit on the next deal, but forgot to add in your overhead costs? Do you need help? Our company exists to help you, as an investor, formulate accurate estimates, compare your estimates to actual costs, and maintain accurate financial records that will assist you in creating income-producing, profitable deals.

Contact us today for a free consultation to see how Online Bookkeeping Solutions can help you!

Americans have always proved to be creative and inventive when the job market changes. When one line of work becomes obsolete, people have developed new ways of making money. The high unemployment rates, volatile market, and rampant, reckless spending by the government is forcing people to think outside the box. And for those who do, it may be a very good thing. True entrepreneurs understand the importance of a positive cash flow, no matter what is happening in the economy! Successful entrepreneurs are people who find ways to provide quality goods and services at market prices to consumers who need them and are willing to pay the price.

CareerBuilders found almost 25% of Americans over the age of 55 who lost their jobs this year have considered starting their own business (Elizabeth Pope, “Hire Yourself”, AARP Bulletin, December, 2009, p. 26). In South Jersey Magazine, Vol. 6, Issue 9, Jennifer Kelley discusses the success of South Jersey small businesses in her article “Minding the Store”. According to Kelley, many “mom and pop” retailers are flourishing in towns such as Haddonfield, Collingswood, Moorestown, and Mullica Hill, as “consumers are showing a willingness to invest their hard-earned dollars in their neighbors’ businesses…in a bid to strengthen their town’s economic fortunes”. (p. 71)

Maybe you started your own business this year. If you did, I am sure you realize the importance of keeping accurate financial records. However, even though you know you need to keep accurate records, maybe you have been so busy working on your business that you have set aside the record keeping and now have a pile of receipts, bank statements, and invoices that are overwhelming you. Maybe you purchased accounting software, but haven’t had the time to learn how to use it.

Accurate financial records are not just about being prepared for tax season. Maintaining your financial data is about minding your business. Successful entrepreneurs understand CASH FLOW. Every business owner needs to know how much money you have earned, how much do your customers owe you, how much did you spend, and how much do you owe. Are you bringing in more cash than you are spending? Without a proper knowledge of your finances, it is impossible to make wise financial decisions!

Online Bookkeeping Solutions provides local & remote services in South Jersey and beyond that will assist you, the entrepreneur, in managing your financial data so that you can mind your business. Take advantage of these year-end discounts to finish out 2009 and to begin the year of 2010 equipped with the knowledge you need to grow your business and succeed!

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Are your financial records up to date? I mean have you really entered all of your financial data for 2009? Everything? Have you filed your receipts, entered your deposits, posted customer payments?

When is the last time you ran a cash flow statement? What is your net worth as of today? Do you know what your profits are for this year? this quarter? this month?

Who are your best customers? How much do your customers owe you for work done this year? How much do you owe your vendors?

This is important stuff! If you, as the owner of your business, don’t know where you are financially, how can you make wise decisions for the future?

Online Bookkeeping Solutions is a small business, just like you, that understands how busy you are with your own business and your family. Life is so busy, you are working hard every day, and in the evening you need time to stop and be with your family. Frankly, you are too tired to think of sitting down and dealing with record keeping.  It is difficult to keep track of the “details” when your business and your family  needs you to be out there doing your business! Yet, if you don’t, it is almost impossible to make wise financial decisions – and when tax time comes – Oh, boy! – you are in for some long days and nights trying to get it all together.

Online Bookkeeping Solutions can help you to get it all together now, before the tax season begins. We would love the opportunity to sit down with you and discuss how we can help you to develop a system that works for you and your business. We offer a variety of services beginning with helping you find the right software, training to help you use the software and keep your own records, and varying levels of support to minimize your work.

For local businesses, we are always interested in working with you from your office or ours! We will gladly sit down with you and help you through the process. For those who are not in the local area, our online services will provide you with online services and phone support based on your needs. We value your business whether near or far away and endeavor to provide you with personal and professional service in a timely manner.

Call or email us today for a free consultation! Let us help you manage your financial data so you can manage your business!

Kim Olachea, Your Certified QuickBooks Pro Advisor

*QuickBooks Data File Analysis

*QuickBooks Setup & Training

*Local & Remote Support

*Payroll Support

For a free consultation, email us at kim@onlinebookkeepingsolutions.com

Online Bookkeeping Solutions assists entrepreneurs and small business owners in managing their financial data through consultation, set-up, training, and support.

Helping you manage your money, so you can mind your business!

Kim Olachea, *Certified QuickBooks Pro Advisor ®

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