Accounting Solutions

Top 5 Year-End Accounting Tips

With the end of year approaching, it’s important to ensure your accounting records are in order to avoid unnecessary work and stress, during an already busy time of year!  ...
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Decoding Key Accounting Terms Every Business Owner Should Know

Navigating the financial aspects of your business can be challenging, but understanding essential accounting terminology is a crucial step toward financial success. Here, we break down some key terms that...
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Unveiling the Power of Classes and Locations in QuickBooks Online

QuickBooks Online offers robust tools for managing your business's finances, and among the standout features are "Classes" and "Locations." These two functionalities are invaluable for businesses seeking to gain deeper...
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Setting Up ACH Payments for your Business

Setting your business up to initiate ACH payments can be instrumental in improving your business’ cash flow. It is typically simple to setup, but it is not automatic. • 1...
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What is A Prepaid Expense?

 Prepaid Expense A Prepaid Expense is an expense for something that you have already paid for, but you haven’t yet received the benefit of that expense. For example, if you...
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Customer Payment Options that Improve Cash Flow

Cash Flow is one of the most critical factors to operating a successful business. Growth requires cash and if your business is not able to effectively manage your cash flow,...
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Accounting Treatment of CD’s

With FDIC limits still being a hot topic these days, we’ve seen lots of different tools being used for people and companies to diversify their cash and keep it safe....
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Pros and Cons to Outsourcing Your Accounting

  Outsourcing accounting has become a more common practice in recent years. With companies looking for increased efficiency and a way to combat the talent shortage, outsourcing is becoming a...
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Why We Use QuickBooks Online

Fortiviti works with various accounting software for our clients, but the most common is QuickBooks Online. QuickBooks Online (QBO) is a powerful and intuitive accounting software that offers a wide...
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Excel: Summing by Colored Cells

We LOVE Excel! And, we love it even more when we find a new way to use it to save time and get us results faster. If you have an...
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