The Blog

 
QB Online for RE Investors - Purchase Property with Financing Sep 15, 2023

Following up on the Cash purchase, this video demonstrates how to purchase a property with financing. Specifically, we'll hit

  1. Capture the Loan as a LT Liability
  2. Differentiate loan costs from...
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QB Online for RE Investors - Purchase Property with Cash Sep 15, 2023

Let's get back to basics with a quick-hitting demonstration on how to record the purchase or property in QBO.

  1. Generic Chart of Accounts
  2. Record the Purchase Deposit Ahead of Time
  3. Differentiate...
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How to Move Payroll Costs to Cost of Goods Sold (COGS) Aug 25, 2023

By default, QBO will categorize all your payroll costs as Expenses. But what about the labor that we sell to our customers? We should be accounting for that as Cost of Goods Sold. Check out my...

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How to Super-Power your Building Business with QB Online Aug 11, 2023
QBO is not just for Taxes! Use it to super-power your business! This video will demonstrate:
  1. The difference between Markup and Margin (and why most get it wrong)
  2. The power of cost Codes
  3. Projects,...
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How to Master your Cashflow Projection with Google Sheets accounting Jul 01, 2023

Forecast and analyze your cashflow with this simple but powerful Cashflow Forecast template. Download the free template here: https://www.incomedigs.com/cashflowtemplate

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