BLOG: Bookkeeping, Accounting,  Acumatica, and QuickBooks Tutorials

Get the latest news, trends, and tips in our tutorial blog posts below.  Then, just click the Tutorials drop-down menu on our homepage to find videos and diagnostic quizzes about bookkeeping, accounting, Acumatica, and Quickbooks.

In a prior edition of Ed Talks, I discussed the user permissions and roles available in QuickBooks Online (QBO) Plus and Advanced.  Another very useful feature unique to QBO Advanced is workflows, which help automate various business processes.  Workflows can send reminders or notifications, require......

Each edition of QuickBooks Online (QBO) offers a limited number of company and accounting users, ensuring that businesses can maintain control over their financial data while delegating tasks efficiently.  Here’s a comprehensive look at how user roles work within QBO. When you add a user,......

As a business owner, you are constantly managing the flow of money in and out of your business. One of the most crucial elements in maintaining healthy cash flow is accounts receivable (AR). For many businesses, AR can be challenging to keep under control, but......

Now is a better time than ever to migrate to QuickBooks Online! As of October 1, 2024, the following QuickBooks Desktop SKUs will no longer be receiving updates. QuickBooks Desktop Pro Plus QuickBooks Desktop Premier Plus QuickBooks Desktop Mac Plus QuickBooks Desktop Enhanced Payroll Save......

QuickBooks Online (QBO) has three general “editions”:  QBO Essentials, QBO Plus, and QBO Advanced.  In a prior issue of Ed Talks, I discussed some of the features unique to QBO Advanced.  In this month’s edition, I will focus on the “enhanced reporting” features found only......

Starting on October 1, 2024, there will be a change regarding Intuit QuickBooks offerings, the following products will no longer be available:  QuickBooks Desktop Pro Plus  QuickBooks Desktop Premier Plus  QuickBooks Desktop Mac Plus  QuickBooks Desktop Enhanced Payroll    Existing users will still be able......

You often hear QuickBooks trainers and consultants talk about QuickBooks “best practices”.  There is no written set of rules or QuickBooks law that requires specific practices, but in the over 23 years that I have been teaching and consulting hundreds of QuickBooks users, I have......

Intuit offers several “editions” of their cloud accounting product, QuickBooks Online (QBO).  These editions are Solopreneur, Simple Start, Essentials, Plus, and Advanced.  The difference between editions lies in the features and functionality, number of users, number of delivered reports, and subscription price.   Here’s a quick......

In the complex world of business finance, the balance sheet stands as one of the most critical financial statements, offering a snapshot of a company’s financial position at a specific point in time. Whether you are an investor, manager, or financial analyst, understanding how to......

Before discussing this software, it’s important to note that efficiency and integration are crucial in the realm of business management. QuickBooks Online has long been a favorite for small to medium-sized businesses due to its robust accounting capabilities. However, outside of the accounting functions, QuickBooks......

Are you ready to take your retail game to the next level in 2024?  As your trusted QuickBooks Solution Provider, we’re here to guide you through the latest retail trends you cannot afford to overlook. AI is Transforming Retail Operations AI continues to revolutionize the......

By Ed Jaworski Converting from QuickBooks Desktop Editions to QuickBooks Online QuickBooks offers both Desktop and Online versions to cater to the diverse needs of businesses. While the Desktop editions (QBDT) offer robust features and data control, QuickBooks Online (QBO) provides the convenience of accessing......

By Aimee Garneau In the world of accounting and finance, deferred revenue stands as a critical concept for businesses to understand and manage effectively. Often referred to as unearned revenue, it represents money received by a company for goods or services that are yet to......

By: Jeff Siegel Siegel Solutions works with many industries and one of those are the service industries focusing on trades:  Electrical, Plumbing, HVAC, Cleaning, Locksmiths Pool Services, Pest Control, Lawn Care Appliance Repair and more!   While QuickBooks alone is great and can do all the......

By: Ed Jaworski Exploring Data Exchange Tool SaasAnt for QBO Efficient data exchange is crucial for maintaining accurate and up-to-date financial records.  QuickBooks Online (QBO) provides several tools and methods for importing and exporting data.  Understanding these tools can help streamline your workflow, reduce errors......

At Siegel Solutions, we pride ourselves on delivering exceptional service and expertise to our clients. Our team’s dedication and hard work have been recognized on a national level, and we are thrilled to share the news of our employees’ achievements in the ProAdvisor community.  Insightful......

By: Ed Jaworski In this edition of Ed Talks, we will explore the Power of Excel Power Query.  Let’s face it:  us accountants are number geeks…we love numbers!  Power Query is a data analysis tool built into MS 365 versions of Excel and other data......

By: Jeff Siegel QuickBooks is undoubtedly a powerful accounting system with many useful features such as: The ability to download transactions from bank or credit cards Easy to run customize reports Emailing invoices with payment links Access for your accountants Multi-device accessibility (with internet access)......

Finding QuickBooks’ internal reports lacking? Seeking consolidated insights? In need of custom metrics or tailored KPIs for your unique business needs? Yearning for a sophisticated dashboard and polished reports? Look no further… We’ve explored numerous reporting solutions, only to find ourselves constrained by their rigid......

In the previous edition of Ed Talks, we delved into the fundamental business requirements of an inventory management system. Now, let’s take a deeper dive into the available options for such systems. While QuickBooks Online (QBO) offers inventory features, they are exclusively accessible in the......

In today’s business climate, effective inventory management is a crucial factor that can significantly impact the success of a company. Whether you’re a wholesaler, distributor, or manufacturer, understanding the basics of inventory is essential for streamlined operations and financial success. In this article, we delve......

In a move that marks a significant shift in the landscape of accounting software, Intuit has announced plans to discontinue the sales of new subscriptions for several QuickBooks Desktop products, effective July 31, 2024. The affected products include QuickBooks Desktop Pro Plus, Premier Plus, Mac......

In the ever-evolving world of accounting, one standout professional is making waves at Siegel Solutions. Join us in shining a spotlight on Janice Kats, who joined the Siegel family as an Associate in December 2023. Janice’s journey in the world of accounting began in high......

In the fast-paced world of construction, businesses are constantly juggling numerous tasks to ensure projects are delivered on time and within budget. One aspect that demands meticulous attention is financial management.   As construction firms navigate through complex financial landscapes, many are discovering the transformative benefits......

In the world of financial management, QuickBooks has long been a staple for businesses seeking efficient and accurate bookkeeping. However, one of the key distinctions between QuickBooks Desktop and QuickBooks Online was the absence of full budgeting capabilities, particularly in the realm of Balance Sheet......

Managing bills can be a daunting task for business owners, with the constant juggle of payments to vendors, lenders, and suppliers, not to mention overhead costs like rent and utilities. QuickBooks recognizes the challenges faced by entrepreneurs and has introduced a revolutionary feature – QuickBooks......

[Needham, MA] – Siegel Solutions, a renowned provider of outsourced accounting, and a QuickBooks Solutions Provider, is thrilled to announce its strategic partnership with NE Paradigm, a dynamic, full-service marketing solutions team. NE Paradigm has been selected as the trusted marketing partner to further enhance......

 If you’re a small to mid-sized business (SMB) owner who has found success using desktop solutions or spreadsheets for accounting, it can seem unnecessary to change anything up. After all, if your business is stable and growing, your solutions are probably doing just fine, right?......

With every year, new “must-have” technology gets released to the masses, and small and mid-sized business (SMB) owners are left with the job of choosing what to pick up and what to leave behind. In the case of cloud-based accounting, many SMB owners share worries......

As a small or midsize (SMB) business owner, you wear a lot of hats. You’re trying to balance hiring with sales, manage cash flow, and decide what technologies are best for your business. You’ve likely heard of the cloud, but moving all your legacy systems......

One of the many beauties of QuickBooks Online is that the platform integrates with countless programs streamlining business processes. A program that you may not know about is Results® 2023. What is Results® 2023? Results® 2023 is an award-winning cloud-based Customer Relationship Management (CRM), Project,......

Why enter the same data twice? With QuickBooks Online and Shopify, you don’t have to! This blog will tell you everything you need to know about the integration of these two platforms and the endless benefits for your business.  Why Shopify?  For starters, it is......

QuickBooks Online is more than just accounting software – it helps you track income, expenses, and so much more. Here at Siegel Solutions, we are a QuickBooks Solutions Provider and we’re excited to share with you the endless benefits of using QuickBooks Online as well......

Even if Your Business is an SMB Written and Edited By Jessie McLaren September 4, 2019   It’s no secret. We at Siegel Solutions think you should outsource bookkeeping and accounting, even if your business is an SMB. Companies who hire outside experts to manage......

What skills should a bookkeeper possess? CHOOSING SKILLED QUICKBOOKS BOOKKEEPERS REQUIRES ASSESSING SKILLS & TECHNOLOGY SAVVY I’m frequently asked to interview my clients’ prospective bookkeepers because choosing skilled QuickBooks Bookkeepers is challenging. As Siegel Solutions grows, I routinely hire more bookkeepers to meet client demands. ......

The choice between QuickBooks Desktop or QuickBooks Online depends upon your specific business model and demands. Written by Jeffrey Siegel, Edited by Jessie McLaren July 31, 2019 Many of our clients eager to migrate all business functions and solutions to online cloud environments were quick......

You probably already run reports in QuickBooks – but are you making full use of the program’s reporting tools? Let’s take a look. Reporting changed a lot between QuickBooks 2009 and 2010 in terms of interface, navigation, and access to reports. We’ll look at version......

In looking for a Pro Advisor, one should first look to see if they are on Intuit’s Local Expert Page.  If they are NOT and claim to be a Pro Advisor, it means they have signed up, but have not received any certifications.  Additionally, if they did, their......

The power of this simple report: Under the Reports menu in QuickBooks, there is a submenu called Company and Financial.  One of the first reports you will see is called the Profit and Loss Standard.  While this report is self-explanatory, most users do not understand the......

QuickBooks does not allow you to take the inactive items off the inventory adjustment report because some inactive items (in any company) will have inventory on hand that you need to count for the valuation to be accurate.  You can also adjust them to zero......

QuickBooks Meetup

Learn how to get the most out of your QuickBooks software! Meet with other small business owners to trade tips and socialize. This group is facilitated by Jeff Siegel. Jeff is a QuickBooks Solutions Provider and Top 100 QuickBooks ProAdvisor with certifications in all Intuit QuickBooks software, including Advanced & Enterprise Certifications. He possesses over 20 years of experience tailoring solutions to emerging growth businesses. Siegel Solutions provides part-time bookkeeping services onsite to over 200 clients. Additionally, we offer QuickBooks sales, consulting, and training, and are experts in all QuickBooks products. These include: Enterprise, Premier, Pro, and QuickBooks Online. Siegel Solutions is one of only five QuickBooks Enterprise Certified Solution Providers in New England. *Siegel Solutions, Inc. does not prepare taxes or perform audits, reviews, or compilations.

kim

Kimberly Mitchell
Partner Development Manager

 

Kim is a Partner Development Manager with 10 years of experience working with Strategic Partners. As a 19-year veteran with Intuit and a history of driving growth and sales results within the QuickBooks echo system Kim, brings a wealth of knowledge to our team by assisting us with sales and marketing initiatives while helping us strive for the highest net promoter (clients satisfaction) scores. Kim is passionate about creating and nurturing new partnership opportunities through the relationships she has built over the past 25 years of sales experience.

This will close in 0 seconds

Noah

Noah Raney
Senior Account Payroll Manager

 

Noah is our dedicated Intuit Senior Account Payroll Manager who can help you find the right payroll solution for you and your business. He is well versed in all of the QuickBooks platforms being desktop/online/standalone and payroll has been his world since joining Intuit 13 years ago. Whether you are looking for ways to save on time, reduce inflated payroll costs or just get set up with the best discounts, he is here to help. Your success and satisfaction are of utmost importance!

This will close in 0 seconds

Sean

Sean McCaffery
Global Channel Sales Partnerships and Alliances Leader

 

Sean McCaffery has more than 15 years of experience leading channel sales and cloud solutions in the US and Internationally. Sean has held leadership positions with Avaya in Europe growing the channel business with resellers and distributors in key countries driving double-digit growth. He then joined Rackspace Technology and was instrumental in developing sales growth strategies in cloud adoption for customers and partners. Most recently, he ran channels at Dizzion responsible for dynamically growing and expanding the partner ecosystem through SaaS-based VDI solutions before joining Intuit. Currently, he runs the QuickBooks Solution Provider Program supporting the strong business that solution providers and ISV partners have established as well as finding new opportunities to drive emerging mid-market growth together!

This will close in 0 seconds

Gabor

Gabor Terebesi
Payments Account Manager

 

Gabor Terebesi is an Account Manager with the Payments Team of Intuit for over 15 years. He works in the partner division for Intuit payments to ensure Intuit partners along with any clients of theirs are in the most suitable and financially cost-effective solution accepting payments through eCommerce, QuickBooks, mobile payments, or any other options necessary for their business.

This will close in 0 seconds

Aimee

Aimee Garneau
Accounting Manager

 

Aimee joined Siegel in 2022 as the Accounting Manager overseeing the accounting and bookkeeping team. Aimee brings 18 years of experience with increased responsibility with privately and publicly held companies. Her experience lies with SaaS-based companies as well as in healthcare, consulting, education and nonprofits. Prior to joining Siegel, she held accounting leadership positions with Waban Projects, Elastic Path, Moltin, and Ned Davis Research. Aimee loves partnering with business owners to establish financial reporting and results that promote growth and expansion. When Aimee is not working, she loves spending time with her family and friends and exploring all New England has to offer. She is also an avid Red Sox fan and enjoys going to Fenway Park when she can.

This will close in 0 seconds

Jeffrey Siegel
CPA, CEO

Jeff has spent the last twenty years working providing solutions to emerging growth businesses. After graduating from Northeastern University, he spent five years working with two multinational CPA firms in an auditor capacity building a foundation for understanding how business work. He later went on to work in various controller and CFO roles before starting Siegel & Associates (previously Siegel Financial Group) in 2000. In those roles, he sold a company to ADP, raised funds for a major expansion of a large regional IVF clinic, and helped set up accounting and financial structures for dozens of companies. Since starting Siegel & Associates, Jeff has worked with hundreds of clients providing accounting system solutions. Those solutions include setting up QuickBooks in a single-user environment putting in QuickBooks Enterprise in a 30-user environment and integrating various add-ons including inventory, CRM, and e-commerce. He is a Certified Public Accountant, a QuickBooks Pro Advisor, a QuickBooks Advanced Pro Advisor, and an Intuit Solution Provider certified in Enterprise Solutions, Point of Sale & QuickBase. Jeff is also a Microsoft Certified Systems Engineer

This will close in 0 seconds

Lori Swartz
Client Support Manager

After graduating from Boston University, Lori spent eight years working in various managerial positions for two national companies. In those positions, Lori developed the skills necessary to manage multiple projects, clients, and resources. She later went on to work for a management company that handled over 25 real estate properties with multiple tenants. Lori joined Siegel Solutions in 2003 as a client services manager where she utilized her skills developed to manage multiple clients and multiple staff. She recently moved into the client support manager role where she is responsible for meeting with and onboarding new clients, managing and maintaining our technology stack along with QuickBooks setups, conversions, training, and consulting.

In her free time, Lori enjoys spending time with her family. She loves to travel, music, and theater.

This will close in 0 seconds

Kristin Hogan
Associate

Kristin has been with Siegel Solutions since 2008 when she started as a part-time Office Administrator. In addition to the administrative work for Siegel Solutions, Kristin also assists with bookkeeping for a handful of clients, and manages and processes payroll for about 25 clients. Kristin has been working in administrative roles for many years in various fields, including from an academic department in a local university, a start-up biomedical company, to recording and pricing inventory for a small gift shop. Kristin has also held customer service positions in food service, department stores, a local Boys & Girls Club, and a nursing home.

Outside of work, Kristin enjoys hanging out with family, friends, and the family’s black lab named Clyde. Kristin is a New England Revolution fan and goes to as many games as possible each season.

This will close in 0 seconds

Kathy Crouse
Senior Associate

Kathy graduated from Framingham State College. She then attended Bently College in their Accounting Certificate program, while also working as an Assistant Payroll Supervisor and Compensation Specialist in the corporate offices of a large contract employer. After many years of experience as a Full Charge Bookkeeper for a private investment firm, and various small CPA firms, Kathy joined Siegel Solutions in 2001. She enjoys learning about different types of businesses working for Siegel and the satisfaction of tailoring our role to best serve each client's needs.

During her free time, Kathy loves spending time with her family and her dog. She also enjoys DIY projects and exploring the beautiful New England coast.

This will close in 0 seconds

Janet

Janet Jodoin
Bookkeeping Associate

Janet joined Siegel Solutions in May of 2022 as an Associate Bookkeeper. In her younger years, while raising her family, she completed her degree in Business and she spent 20 years in the trades as a custom designer. Janet also has 16 years in corporate management. Her strong team support, training, and development led her to support and manage Human Resources. Janet's desire to change careers has led her to return back to bookkeeping at Siegel Solutions. In Janet's free time she enjoys spending time with her growing family. Her personal favorite is creative landscaping in her yard. She also enjoys working alongside her partner in construction and remodeling.

This will close in 0 seconds

Tricia

Tricia Gullage
Associate

Tricia Joined Siegel Solutions in 2022 as a bookkeeper and works with our clients to keep their day-to-day bookkeeping in order. Tricia has 12 years of bookkeeping experience working for a large construction company for 10 of those years handling all their accounting and Payroll. She met Jeff our CEO while working there and decided she wanted to join our team.

When not working Tricia enjoys spending time with her family and friends. She recently moved up to the lakes region in NH and loves going to concerts, enjoying her time boating and snowmobiling.

This will close in 0 seconds

Ed Jaworski
Professional Services Manager

With over 21 years of corporate experience at PeopleSoft Consulting, Sun Life Financial, and KPMG, Ed brings a big business approach to small business solutions. Prior to joining Siegel Solutions in 2022, Ed helped small businesses get the most out of QuickBooks for 21 years as a co-founder of SMB Partners and the founder of Solutions for Office Software.

Ed is an Advanced Certified QuickBooks® ProAdvisor, a Certified QuickBooks® Point of Sale ProAdvisor, a Certified QuickBooks Enterprise Solutions ProAdvisor, and a Certified SOS Inventory Consultant. Ed holds an MS in Computer Information Systems from Bentley University and a BS in Business Administration from Northeastern University.

This will close in 0 seconds

Debby Mono
Firm Administrator

Prior to joining Siegel Solutions in March 2023, Debby had been working in administrative and executive assistant roles for many years in various fields. Her extensive background in these positions has provided her with a range of skills and knowledge that are valuable in her new role as a Virtual Administrative Assistant. She graduated from Suffolk University with a Bachelor's Degree.

Outside of work, Debby can be found at football fields or dojos cheering for her sons. She also enjoys hikes with her dog, Sawyer, reading, sports, and live music. She and her husband also love to entertain family and friends.

This will close in 0 seconds

Letitia Cote
Senior Associate

Letitia has an accounting degree and has been working in the Accounting/Bookkeeping industry for over 25 years. Tish is also an Acumatica Business Consultant. Outside of work, Tish has 4 grown children and 5 grandchildren, she loves to ski, hike, bike, and be outdoors. Tish has worked with Jeff for over 10 years.

This will close in 0 seconds

Ashley Sumner
Senior Associate

Ashley joined Siegel Solutions in April of 2023 as a Senior Associate. She has worked in accounting for 10 years, working her way up from an associate to a Senior Accountant/Controller at her previous jobs. Ashley loves working with numbers, helping clients out specifically with budgets and financial forecasting. She has an extensive background in Construction Finances including AIA billings, WIP schedules, and financial forecasting public and private construction projections.

When Ashley is not working, she loves spending time with her husband and 2 kids, extended family, and friends and watching her Boston Sports Teams!

This will close in 0 seconds

Alison Pickwick
Associate

Alison joined Siegel in 2023 as an Associate. She enjoys producing a product that assists company owners in seeing the big picture of their company. Previously, she put this passion to use as an auditor and as a financial advisor traveling the country to various companies in many different industries. With her passion, she also brings years of experience and vast knowledge to Seigel. After hours Alison doesn't stop working. She gardens, has chickens, teaches her godkids carpentry and small engine mechanics, fishes, makes maple syrup, and even brews her own wines and beers. Whenever she can, she goes to her family camp in northern New Hampshire where you can find her working on a project from planting blueberries to building a shed.

This will close in 0 seconds

Andrea

Andrea Alencar
Associate

Andrea graduated from Bridgewater State with a Bachelor's degree in Accounting. Andrea joined Siegel Solutions in 2022. Andrea has gained accounting experience working in various industries including a CPA firm, legal, hospitality, and telecommunications. Before coming to Siegel Solutions Andrea previously worked as a bookkeeper and staff accountant.

Andrea has 4 kids which keep her busy. Outside of work, Andrea enjoys spending time with her kids, being outside, cooking, and going to softball/baseball games.

This will close in 0 seconds

Mike Derrico
IT

I started my career in 1983 when I designed and built a device to share a computer program, written by the president of a local bank and his son, running on an Apple Lisa computer. The device allowed the large and expensive Lisa's computer to be shared with bank employees. With this program, and with my device, we started a company to market this unique solution to banks. At this point, computer networks were just starting to be used in businesses. I transitioned my efforts to providing support for migrating banking terminal/mainframe functions to the emerging Personal Computer networking platform. For the next decade, I worked with, and beta tested, numerous technologies to integrate the banking functions from dumb terminals into the now smart desktop computers. After working with a few small consulting firms, I started my own company focusing on providing I.T. support to SMBs. More recently I am now doing the exact opposite by helping customers migrate their PC applications and data from their local computers to The Cloud. A few years ago, I joined Siegel Solutions to add my years of I.T. experience to their firm.

In my spare time, I like to travel, fly my drone and, most importantly, spend time with my family. I also still enjoy tinkering with technology.

This will close in 0 seconds

Pat Jaworski
Associate

After spending most of her corporate career in the insurance industry, Pat joined a QuickBooks consulting firm providing bookkeeping services to several small companies. Late in 2022, that firm merged with Siegel Solutions, Inc., bringing Pat and her clients to the group. She provides services to clients in a variety of industries: fitness, construction, beauty, equine care, and medical billing, to name a few. She enjoys supporting her clients by keeping their financial records in good shape and allowing them to focus on growing their respective businesses.

Pat resides in the 495/MetroWest area with her husband Ed, daughter Abby and Duffy, their lovable, energetic golden retriever.

This will close in 0 seconds

Noah Tan

Noah Tan

Associate

Noah has over 12 years of experience in accounting and graduated from the University of Bedfordshire in the UK. Prior to joining Siegel Solutions in August 2023, he has worked with clients in Asia and Europe across a variety of industries, including manufacturing, software, e-commerce, and education. Noah specializes in real estate, property management, and construction enterprises.

Noah is a passionate and results-oriented individual with a proven track record of success. He is skilled in financial planning and analysis, budgeting, forecasting, and reporting with expertise in business process improvement and risk management. Noah is committed to helping his clients achieve their financial goals.

Noah loves to travel and has been to over 50 countries and 4 continents with his wife. He is passionate about financial market analysis and enjoys using stock charts to identify trends and patterns.

This will close in 0 seconds

Tari Crowley

Administrative Assistant

Tari Crowley joined Siegel Solutions in September 2023 as a part-time Administrative Assistant. She actually wears many hats not just in her position, but in her every day life! She is also a real estate agent, softball coach, wife and full-time mother. When she isn’t busy with everyday life activities, she enjoys spending time with her chocolate lab, Bailey, as well as having fun and laughing with her family.

This will close in 0 seconds