Happy Nearly September!

There are some important changes coming soon.  Partly due to  a routine annual review, and also due to some rates and policy changes by Intuit.
​

• I will be reviewing and updating my rates, and will be also updating service agreements.  You can expect to hear from me directly over the next couple of weeks with the specific details.
• I am looking at some new payment options, which you may see on your next invoice.  If you do try out the new option, please feel free to share you thoughts.
• Intuit has added an automatic after-invoice survey, which you should see after receiving your Sept 1st invoice from me.  I would appreciate some Feedback in the comments below regarding this.  Do you find it relevant, or annoying, or any other thoughts you'd like to share.  This will help me decide whether or not to leave the feature turned on.
• I would also appreciate any thoughts you have regarding a backup service for your QBO data.  I am considering adding this service either as an option or including it by default.

So, please free to comment here on any of the above, or on any other topics.

I wish everyone a wonderful, hurricane-free September!
Thank you!

Hello All,
July has brought some unexpected interruptions, mostly due to the necessary replacement of my computer.  My old faithful (though not that old) was giving me some warning signs, and I decided to listen and get a new one in place to avoid any serious issues.  It's caused a bit of interruption in my work -- but I'm 'nearly' back to normal operations now.
There is not much news to share.  QBO remains in the 'buggy' stages of all of the new features and changes.  If you do find something that isn't working, I encourage you to use the 'Feedback' so they hear about it.  I've seen signs that they are indeed listening and working to stay on top of any glitches.
There are price changes coming in the next couple of months (from Intuit), and I will also be doing my annual review and updating of not only my pricing but also some practice changes.  I expect to provide details no later than September.
Thank You!

Hello All!  Just a few topics this month, but the first is especially important.

BOI - Beneficial Ownership Information Filing
There is a newly required filing for many companies that you need to be aware of, if you aren't already.
You may have received information or solicitations from service providers (and possibly some scams) regarding "BOI" - Beneficial Ownership Information.  This is a new filing required by the US Treasury Financial Crimes Enforcement Network that is due this year from many businesses.
I highly recommend that before you file, and especially before you pay anyone to file for you, you go to the official government website fincen.gov/boi and read the information provided there.
You should be able to determine whether or not your business is required to file, and what information is needed for filing.  If you have any questions or doubts after reading the information provided, you should contact your accountant or attorney.
Since this is very new and unfamiliar territory, I won't be offering to do these filings, but there do appear to be reputable companies offering the service, such as Tax1099.com.
Please let me know if you need any information that I am able to provide for this, or if you have any questions that I may be able to answer.

QBO Backup Service Poll Question
I believe you know that I am big on backups, and backups of backups, etc.  The one thing I don't have 'Backed Up' are the QBO data files, because I feel that Intuit 'has our back' there.
Lately however, I've come to believe that it may just be a good idea to get a backup service in place for those as well -- because "you just never know".
So, my question is -- would you be interested in such a service for a small monthly fee?  I believe I could offer it around $10/mo per QBO file.
Please comment on this post - Yay or Nay - so I can get an idea of whether or not it will be feasible.  The per/file rates change according to how many there are, so it's important for me to get a good idea of interest.

That is all for now -- Thank You for reading and participating!

Just some brief notes and reminders...

• QBO transitioning to new invoicing and reports continue, and it is still creating some glitches and inconveniences in the software.  I feel confident that these will clear up (eventually), so I recommend two things in the meantime -- Patience (though it's not easy), and lots of Feedback!   There are Feedback buttons within some of the QBO screens, but the option is always available under the big gear icon.
• Sales tax rate change on commercial rentals is effective June 1st, so if that affects you this is a reminder to take any action needed.
• There is a website to check the status of any QuickBooks outages or issues.  I recommend that you Bookmark this website, and optionally subscribe so you will receive notices about any outages.  It is https://status.quickbooks.intuit.com/  (I will also be adding this as a Resource in your ClientHub workspace.)
• Monthly Reports -- I found a glitch in the set up of monthly reports scheduled to auto-send on a specific date.  If you aren't receiving your regular monthly reports, please let me know so I can trouble-shoot and get those out to you.

That's all for now!   Happy Summer :-)

Greetings....
As you can see, I skipped posting in March.   There wasn't much news, and I decided to spend that time working to catch things up-to-date after the New Year crunch.
There are a few changes coming up soon:

• May 6th -- The 'Old' invoicing experience will be replaced with the 'New'.  I'm hesitant to add 'And Improved', because the jury is still out on that.  During the transition it's been pretty glitchy, but there are some new good features as well.   I think the two things to remember here are "Plan Ahead" and "Be Patient".  I expect all will go fairly well in that case.
• May 20th -- Final day to process bill payments via Melio within QBO.  After that, you will need to log in directly to Melio.  The transactions will still sync with QBO as they always have.  This is to make room for the new QuickBooks bill payment service.  I don't have any insight to share on the new service, as I haven't yet seen or tested it.  (I am sticking with Melio for the present.)
• May 1st - May 30th - QBO will be transitioning more reports to the New View.   Some will be switched to new view as the Default, and you'll be able to switch to the Classic View.  However, at the end of May more will be switched to the New View permanently.  Here I suggest patience (again), and FeedBack.  The more they hear from users about anything that's not working, the faster it will be fixed.
• The Final Change to mention is the Florida State Sales Tax Rate Change for Commercial Rentals.  The State rate is being reduced from 4.5% to 2% effective June 1st (on the June rent).  The appropriate County surtax still needs to be added.  It is no small thing to make all of the changes necessary to implement the new rate, but it is nice to see it going down again.   I look forward to the day when it is a thing of the past.  I am including a link to the TIP No 24A01-02 issued April 8, 2024 for you reading pleasure.  It does include all of the details you may need to know.  floridarevenue.com/taxes/tips/Documents/TIP_24A01-02.pdf

That's everything I can think of for now.  See ya next Month!

Hello!
The news this month is all about the New Invoicing.  Effective May 6th, all QBO users will be switched to the new invoicing layouts permanently.

In light of this, for those that use invoicing I am recommending that you go ahead and make the switch in the near future.  This will give you time to adjust to the new experience and make the transition as smooth as possible.

There are still some functions you may be using that are not yet available in the new layouts.  For this reason, I think it would be best to choose a time when invoicing is least busy to try things out so you have time to adapt and adjust if needed.
Also, please give QBO Feedback!  They need to hear from you if there are improvements that you need.

Here is a link to a short (under 4 minutes) YouTube video that can help familiarize you with the new invoicing experience.  I recommend watching it when you're ready to make the switch.
https://youtu.be/F_2ip47oO8Y?si=OpUR5NK2Lc9Pcgnc

Besides that news, I am still working to wrap up everything for 2023.  I expect for scheduling to go back to normal by the end of March.

Thank you all!