The best free and low cost apps for bookkeepers
5 Minute Bookkeeping
by Veronica Wasek
8M ago
Are you a bookkeeper looking for affordable and efficient tools to streamline your business operations? In today’s digital age, there are numerous free and low-cost apps available that can help you manage your bookkeeping business effectively. Let’s go over the best free and low cost apps for bookkeepers. Accounting Software My number 1 app is QuickBooks online accountant. This free app is designed for accountants and bookkeepers to manage clients’ QuickBooks files, collaborate, and streamline various accounting tasks. It includes free QuickBooks online training, including the free QuickBook ..read more
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ChatGPT for bookkeepers how to become a marketing machine in 3 steps
5 Minute Bookkeeping
by Veronica Wasek
8M ago
In today’s fast-paced digital world, bookkeepers face various challenges when it comes to marketing their services and effectively. Traditional marketing approaches can be time consuming and expensive, leaving bookkeepers searching for other solutions. One marketing solution I use and highly recommend? ChatGPT, an artificial intelligence chatbot. Today, I’ll go over ChatGPT for bookkeepers and how to become a marketing machine in 3 steps. Step 1: Create an Account Let’s start with step one, we’ll need to set up a ChatGPT account. Go to openai.com and then select sign up. Enter your credential ..read more
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5 reasons why clients keep pushing back on your bookkeeping prices
5 Minute Bookkeeping
by Veronica Wasek
8M ago
  Why do bookkeeping clients keep challenging you on your prices? Are you doing something wrong? It is not uncommon for clients to challenge the pricing structure. It’s crucial to address these objections effectively and maintain a healthy client relationship. Today, I’m going to discuss 5 reasons why clients keep pushing back on your bookkeeping prices and what you can do about it. #1: Misaligned Expectations One common reason why clients keep pushing back on pricing is because of misaligned expectations; clients think you’re doing one thing, but you’re doing another. This can be avoid ..read more
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Introverted bookkeepers: how to confidently talk to prospective clients
5 Minute Bookkeeping
by Veronica Wasek
8M ago
Does the thought of talking to strangers just make you want to hide under your desk? Believe me, I have been there. Don’t worry because I’ve got your back. Today, I’ll discuss tips to boost your confidence and navigate sales call with ease. So, get ready introverted bookkeepers: how to confidently talk to prospective clients. 1. Research Before the call, take some time to visit their website and familiarize yourself with their business and industry. This will not only help you feel more confident, but it will also show the client that you’ve done your homework. It shows that you’re intereste ..read more
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Tips for taking on a messy comingling cleanup in QuickBooks Online
5 Minute Bookkeeping
by Veronica Wasek
8M ago
Starting with a new bookkeeping client can be an exciting opportunity, but what happens when their books are a mixed mess of personal and business transactions? It becomes crucial to implement effective strategies to untangle the comingling mess and establish proper bookkeeping practices. When that happens to you, here are my tips for taking on a messy comingling cleanup in QuickBooks Online. What is Comingling? What is comingling? It is using personal funds to pay for business expenses or using business funds to cover personal expenses. It is tracking personal bank and credit card accounts w ..read more
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Free QuickBooks ProAdvisor Certification: how I used it to grow my bookkeeping business
5 Minute Bookkeeping
by Veronica Wasek
8M ago
It’s not news that QuickBooks is widely used among small business owners. When I started my business, I realized my limited knowledge of QuickBooks put me at a disadvantage. To grow, I needed to understand what was important to my clients. That was QuickBooks. Today, I’ll discuss the valuable resources provided by Intuit that are beneficial whether you’re new to bookkeeping or experienced. Keep reading or watch to learn more about the free QuickBooks ProAdvisor Certification: how I used it to grow my bookkeeping business.   What is the ProAdvisor Certification? If you’re not familiar wi ..read more
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Bookkeepers: What you need to know about legal entities and owner compensation
5 Minute Bookkeeping
by Veronica Wasek
8M ago
Are you ready to take your bookkeeping knowledge to the next level? As bookkeepers, our clients come in an assorted variety of legal entities. Legal entities and owner compensation might not sound like the most exciting topic, but trust me, it’s essential knowledge for any bookkeeper looking to grow, gain confidence, or tackle clean-up projects. Understanding your client’s legal entity and how they should be compensated can make a world of difference in your work with US clients. Today I’ll help explain the different tax forms and compensation methods for each type of legal entity, including ..read more
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How to gain confidence as a new bookkeeper
5 Minute Bookkeeping
by Veronica Wasek
8M ago
Does this sound familiar? You’re starting a bookkeeping business or recently got started as a bookkeeper and you’re struggling with self-doubt and lack of confidence. If so, you’re not alone. It’s normal to have fears about the future. I can empathize because I have been there, frozen with fear and scared out of my mind when I first started my virtual bookkeeping business. But don’t worry, there is hope. If you’re looking for some practical advice to overcome your fears and self-doubt as a bookkeeper, keep reading or click on the video linked below where I’ll share my top 4 tips with you on h ..read more
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5 Reasons why every bookkeeper should stop charging by the hour
5 Minute Bookkeeping
by Veronica Wasek
8M ago
When it comes to pricing their services, most new bookkeepers start off with charging their clients by the hour. I certainly did that in the early days of my bookkeeping business too. But one of the best things that I did to grow my business was to move away from hourly billing to pricing all services upfront for my clients instead. If you’re still charging clients by the hour, I’d love to share my insights and experience with you from my own pricing journey. Keep reading or watch the video linked below to hear my top 5 reasons why every bookkeeper should stop charging by the hour. Reason #1 ..read more
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Paid diagnostic review: Every bookkeeper’s weapon for taking on a big QuickBooks Online cleanup
5 Minute Bookkeeping
by Veronica Wasek
8M ago
Knocking out a big QuickBooks Online cleanup project requires the right preparation, tools, and strategy. Imagine if a boxer were to walk into the ring unprepared, without a strategy or the tools to take on their opponent – they would most likely lose the fight. Are you facing the challenge of a messy QuickBooks Online cleanup project, and want to triumph? Keep reading or click on the video linked below to learn about the paid diagnostic review: every bookkeeper’s weapon for taking on a big QuickBooks Online cleanup project. After doing hundreds of cleanups, the number one tool that I have u ..read more
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