Small Business Accounting Software Start for Free

All types of businesses stand to gain from the adoption of accounting software, benefiting in numerous ways. FreshBooks was originally engineered as an invoice creation and tracking project to help small businesses and solopreneurs get paid faster. Nearly 20 years...

Reconcile an account in QuickBooks Online

By comparing the transactions single entry system – what is it recorded in QuickBooks with the actual bank statements, businesses can ensure that their financial records accurately reflect the true state of their accounts from previous months. This process...

What is an Undeposited Funds Account?

The undeposited funds account is meant to be a temporary account. It’s unique to QuickBooks Online and its main purpose is to make bank reconciliations easier. Typically, when you make multiple bank deposits on one trip, the bank combines all individual checks into...