BOOKKEEPING IN THE AGE OF AI

In today's AI-driven landscape, QuickBooks Online empowers your small business like never before. Yet, behind every transaction, every ledger entry, a deeper understanding is essential. If you do not understand the basics of double entry accounting, you are going to mess things up. And you need correct and coherent accounts to manage your business properly, never mind the tax man. While AI streamlines, the professional, personal (human) bookkeeper elevates – translating numbers into knowledge, insight and strategy. Like a guardian.While QuickBooks Online is your toolkit, your personal, professional bookkeeper is your navigator, ensuring you're guided by both innovation and expertise - and a dollop of common sense. Unlock the full potential of QuickBooks Online with the wisdom of a trained bookkeeper by your side. I am an Advanced QBO ProAdvisor with Pre CPA Accounting Certification offering professional, personalized bookkeeping excellence. ... See MoreSee Less

15th century bookkeeping advice!

Good accounting/bookkeeping ensures that transactions are properly recorded ... else the business owner will find him or herself “in great trouble and confusion as to all...(business) affairs.” So, said Pacioli, the Venetian inventor of accounting's fundamental principle, the double entry bookkeeping system. “Trouble and confusion’ certainly describe the accounting experience of many small business owners these days notwithstanding the overload of apps that promise to make things easier.Notwithstanding the marvels of online bookkeeping and the overwhelming plethora of apps that promise to make things easier, too many small, owner managed businesses, consultants and the like get themselves into a real mess around their bookkeeping. It's partly because the ease of entering invoices and making payments in modern accounting software like QBO, can mask a real lack of knowledge of double entry bookkeeping. Doing it all yourself can only go so far.Originally Debits and Credits meant simply Debit is the left side of a 2-column ledger, (a page divided into 2 columns) and Credit is the right side of an account. But don’t let that fool you as debit means something different in an asset account compared to an expense account. Their use is not intuitive and can be confusing. Like life, it is full of paradox. A debit entry in an asset or expense account increases those assets or expenses, and a debit entry in a liabilities, equity or revenue account decreases those accounts. The reverse is true for credit entries in each of these cases. The wisdom is to know the difference – long the bane of an accounting student’s existence. Writers after Pacioli would include lists of rules to show how this is done. Every single transaction will have both a debit and credit entry recorded in the audit journal behind the scenes which the online software rightly hides from the everyman. But that’s exactly what those medieval scribes, the bookkeepers, were doing by laboriously entering the transactions into multiple journals and ledgers. Pacioli recommended that “first you shall get a helper as you could hardly do it alone” ... ‘for, if you are not a good bookkeeper in your business, you will go on groping like a blind man and meet great losses’. He concludes his treatise by saying: ‘Therefore, take good care and make all efforts to be a good bookkeeper, such as I have shown you fully in this sublime work how to become one.’ These days your best helper is an Advanced certified QuickBooks ProAdvisor. ... See MoreSee Less

I offer Artisan Accounting in QBO for modern entrepreneurs.

My clients are interesting small business, self-employed consultants, psychologists, non-profits, online services etc). I serve them by:* untangling reconciliation conundrums* troubleshooting messy, incorrect books* performing clean-up and catch-up projects* converting from QuickBooks Desktop to QBO* customizing the new tech to suit the business & owner's work-style (& lifestyle)* setting-up QBO for new businesses and start-ups and teaching best practices * being their go-to advisory friend, coach and trainer for any bookkeeping hasslesBasically, my clients focus on building their business without worrying about the bookkeeping because they know they have me behind them. Just me. Customized and dedicated. I love that!I'm based in the San Francisco Bay Area but work virtually throughout the USA.See my EXCELLENT reviews on the official PROADVISOR SITE ( proadvisor.intuit.com/app/accountant/search?searchId=adele-gruber) ... See MoreSee Less