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Browser Tips

The tips below are based on Google’s Chrome browser, which is the most recommended browser for QuickBooks Online. However, many of these tips work in other browsers as well:

Step 1 - Click a choice in the left navigation bar, +New menu, gear icon, or other access points, drag it up and click again to access it in a new tab in the existing browser

Step 2 - Log in to a QuickBooks Online company (including the test drive company), right-click your browser tab, left-click Duplicate. (You can repeat this as many times as you like.) Now you have multiple tabs logged in to the same QuickBooks Online Company. You can then navigate to another access point in QuickBooks Online in one (or more) of the tabs so you have two (or more) tabs open to the same company showing different areas of QuickBooks Online.

Step 3 - Pull one tab...


Whenever you set up a new area of QuickBooks, you need to review the Account and Settings related to that area. Before you go into Account and Settings, you need to make sure you understand the different types of sales and revenue transactions.

• Estimates are non-posting transactions that provide your customers with information on what you think you are going to charge them. Think of an estimate as a quote or proposal.

• Invoice is the sales transaction used when you want the customer to pay on account. An Invoice will increase accounts receivable, generally increase income and perhaps sales taxes if they are being collected.

• Receive payment is the type of transaction used to receive payment against an invoice. A Receive payment decreases accounts receivable and increases either a bank account or Undeposited Funds.

• Sales receipt is a sales transaction used when you receive payment at the time of sale; it has no effect on accounts receivable. It increases...


Tax season is upon us, and many small businesses are scrambling, unsure if they will have to pay taxes or not and how much. For small business owners, this can be a trying time as having a huge tax bill can drastically affect your bottom line and may even impact the goods and services you are able to offer, as well as your business plans. This is where having a top-notch small business accounting team by your side is paramount.

Merriman Tax Services offers the best cloud accounting services, tax preparation, online payroll services, and more for your small business. Our mission is to partner with you by not only helping you with all of your small business accounting needs, but also helping you maximize your deductions and save when tax season rolls around. Below, we'll offer up some of our top tips to help you cut your tax bill. Contact us for small business payroll services today!


Virtual accountants are accountants who offer their services remotely, not having a physical office location. This offers many benefits for the accountant, such as eliminating the need to commute and offers a better work/life balance, as well as many benefits for their clients, who are frequently small businesses.

Merriman Tax Services offers virtual and cloud-based accounting services, as well as small business tax preparation, payroll support, and a mobile notary in the Southern California area. Our team of accountants take great pride in helping you grow your small business by handling your bookkeeping needs and keeping your business on track for tax season. We also offer payroll solutions to help you run your business with ease. Below, we'll take a look at some of the many benefits of working with a virtual accountant. Contact us to get started today!

The Importance of Quarterly Cleanup for Businesses merriman tax services

Running a small business can be all-consuming. It can seem like there is never enough time in the day and the week to get everything done that you need to do. From serving your customers to managing inventory and employees, you could spend all your time just on a handful of tasks, neglecting others. However, there is one thing that you cannot put off as a small business owner and that is your bookkeeping, taxes, and payroll services.

Merriman Tax Services offers the best cloud accounting services for small businesses. We offer help with bookkeeping, small business tax filing, business payroll services, and mobile notaries. Our mission is to come alongside you and help ensure your books are accurate and compliant. Below, we'll take a look at the importance of quarterly cleanup for businesses. Call our accounting business to get started today!


Many business taxpayers fail to deduct otherwise eligible business expenses or fail to fully deduct qualifying business expenses. As a result, millions of dollars are overpaid to the Internal Revenue Service every year. Below is a listing of commonly missed deductions or deductions that you may not be fully utilizing. You may wish to carefully examine your records to determine if you may be missing any of these deductions.

[FOR TAXPAYERS FILING SCHEDULE C – Sole Prop / SMLLC] Home Office Deduction: If you use part of your home as a home office, you may be entitled to deduct expenses related to the home office based on the percentage of square footage the home office occupies. Related expenses include mortgage interest, property taxes, utilities, and repairs, etc.

  • General Business Expenses: If you use your personal funds for business expenses such as office supplies, these are qualifying business expenses, which you may deduct.



Small business owners should keep good records. This applies to all businesses, whether they have a couple dozen employees or just a few. Whether they install software or make soft-serve. Whether they cut hair or cut lawns. Keeping good records is an important part of running a successful business. Here are some questions and answers to help business owners understand the ins and outs of good recordkeeping.

Why should business owners keep records?

Good records will help them:

  • Monitor the progress of their business

  • Prepare financial statements

  • Identify income sources

  • Keep track of expenses

  • Prepare tax returns and support items reported on tax returns

What kinds of records should owners keep?

Small business owners may choose any recordkeeping system that fits their business. They should choose one that clearly...


4 Benefits of Managing Business Financials on Mobile

In this high-tech, post-cash age, making payments on a mobile device is the new normal. But people aren’t just using their phones and tablets to purchase products or pay personal bills. They’re also using mobile devices to manage bills for their businesses.

The popularity of mobile payments makes sense—they offer more flexibility, speed, and security than credit cards and paper checks. Plus, they’re easier. Particularly when it comes to managing your company’s finances, mobile options offer smart, simple solutions to complicated AP tasks.

Here are four key benefits of using mobile devices to handle your business payments.

1. Less anxiety, more control

A definite source of frustration in standard AP processes is the actual paper trail. Sifting through piles of documents to find an invoice or voiding and reissuing paper checks is not just time-consuming, it can be downright frustrating.

The simplicity and control of...


When it comes to managing bill pay for your business, learning to mitigate fraud is crucial. Improving risk management, however, can be a tricky task. That’s because companies don’t benefit from the same legislative protections consumers do regarding fraud. Businesses are held financially liable for successful fraud attempts against them, which means they have to be stringent about their account security.

To protect themselves, most businesses are forced to pay for business banking services like Positive Pay, ACH filters, and daily account reconciliation. Positive Pay is a service that cross-references remitted checks to ensure no manipulation has occurred, while an ACH filter is an automated tool that screens incoming ACH transactions for signs of fraudulent activity. Daily account reconciliation services keep your transactions updated so that you can check them in real time.

Even with these services, though, fraud continues to occur at alarming rates.

According to the...


Managing your company’s bill payments is no easy feat. The sheer number of invoices to sort through

on a regular basis can be overwhelming enough, but using a traditional paper-based billing model

presents particular logistical challenges. Think: risk-prone double entry, confusing approval chains, time

spent voiding and reissuing checks, and massive piles of paper to organize and store.

Luckily, there’s a better solution to this accounting issue. Save time and get better control over your

cash flow by outsourcing your bill payments to us.

We use to streamline accounts payable and accounts receivable management, so you can focus

on running your business instead of keeping up with administrative tasks.

Ready to save time, money, and sanity? Here are just four benefits you’ll receive when you hand your

accounting to us.

1.Stay in control with an automated process

Say farewell to labor-intensive steps in your business payments process. You don’t need to sort through

piles of paper or enter data line by...