Insights

Build Your Business! Live Your Dream!

Our new ONLINE training course is launching by year-end!   Our mission at Fiscal Foundations has always been to “improve the success and success rate of small businesses!” Since 1994, we’ve trained business owners and bookkeeping staff in over 650 local businesses through our onsite consulting services, and several thousand more through our 1500+ member Meetup…

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QuickBooks Online vs Desktop: How They Compare

QuickBooks Online vs Desktop: How They Compare   The biggest difference between QuickBooks Online vs Desktop is that Online requires no installation on a computer and Desktop does. Product-based businesses with inventory needs typically work better with QuickBooks Desktop, whereas service-based businesses or businesses that use multiple devices typically choose QuickBooks Online. Psst… If you…

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2015 and Beyond: The New Formula for Success!

NEW TRENDS = HIGHER PROFITS + MORE EFFECTIVE BUSINESS MANAGEMENT We just returned from the annual conference, led by the Woodard Group, for the National Advisor Network, the QuickBooks® ProAdvisor group trained and certified by Intuit. Fiscal Foundations, LLC is the leader of the local chapter of ProAdvisors here in Minneapolis/St. Paul. We were fortunate…

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Introducing Strategic Business Services

Linda and I are thrilled to announce the introduction and roll-out of Fiscal Foundations Strategic Business Services (SBS).  This is a new division of Fiscal Foundations.  As you know, all of us at FF are committed to helping small businesses and non profit organizations succeed – and we do this by ensuring that our clients have…

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MN Unemployment Audit – 1099 Independent Contractors

Just went thru another Minnesota Unemployment audit with a client. Ugh. No one wants to see the audit letter or the auditor. This auditor gave me hope by giving me explanations in plain language on how to treat 1099 independent contractors. No matter what the “contractor” is trying to convince you of. A true 1099…

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Questionnaire for Assessing Church Bookkeeping Needs and Preferences

Provided by Fiscal Foundations, LLC [For questions, call Linda Logan, 612-387-8619] Tracking member contributions Each year a church tracks and reports total donations made by each member. Usually a letter or report is sent during the first half of January informing members of the amount of their donations they can claim on their tax return.…

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St. Paul Pioneer Press Article – Fiscal Foundations is quoted.

We were pleased to be quoted in this St. Paul Pioneer Press article on small business.

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Receipt Printer Can Save Time, Money and Space

Using QuickBooks Pro, Premier, Enterprise or POS provides you with the opportunity to use a receipt printer for the smaller professional looking receipts to hand to a customer upon receiving payment. TIME: This is a great option for the retailer to provide the customer with a professional receipt with all the details. It also makes…

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Managing Trust Accounts with QuickBooks

For lawyers and real estate agents— Managing Trust Accounts (Iolta Accounts) with QuickBooks® Attorneys and real estate agents often hold client or third party funds in trust and are responsible for tracking the receipt and dispensation of these funds. The purpose is to safeguard these funds from loss. The monies belong to the clients/third parties…

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