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O ff- S ite Business Services, Inc. Full-Time Professional Office Management, Without The Full-Time Cost. Grow a successful business. Certified ProAdvisor on Staff. Quickbooks ™ for Bookkeeping and Payroll. Certified Since 2007. New Overlay Tips. Brand New Look
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Off-SiteBusiness Services, Inc. Full-Time Professional Office Management, Without The Full-Time Cost. Grow a successful business.
Certified ProAdvisor on Staff Quickbooks ™ for Bookkeeping and Payroll Certified Since 2007
New Overlay Tips • Brand New Look • The enhanced user interface has more of a Microsoft Office design with enhanced centers • Highlights new features • Disappears and reappears on command
Other New Features • Selective Expand/Collapse in Reports • Improved Save as PDF Feature • E-Mailed Journal Entries from Accountant • Improved Fixed Renaming Rules for Online Banking • New Print Bills Feature - No More Looking for Original Paperwork • Improved Integration With Intuit App Center
New Quickbooks Online Quickbooks has greatly improved Quickbooks Online this year. • Security-Quickbooks Online uses the same data encryption technology as leading banks. • VeriSign Secured. • Automatic backups and Upgrades.
Advantages Over Quickbooks Desktop • Invoice/Sales Receipt Automation • Delayed Customer Charge/Billing • Activity Log • No Need for Accountant’s Copy • Automatic E-mail Reporting
Advantages Over Quickbooks Desktop • Bank Transactions Automatically Downloaded Nightly • Unlimited Report Reader & Time Tracker users • Both Class and Location Tracking • One Click Reports
Three Online Versions • Simple Start – for starting your business • 1 User / 1 Bank or Credit Card Account • Online Essentials – for growing your business • 3 Users / Unlimited Bank Accounts / Payroll • Online Plus – Includes everything • 5 Users / 1099 Preparation / Budgeting & Planning
Test Drive QBO https://qbo.intuit.com/redir/testdrive
Have You Prepared Your 1099’s Yet? Now is the time to check payments made to vendors and see if you need to obtain W-9 forms required for 1099-Misc reporting.
Who Needs a 1099? Individuals, sole proprietors, attorneys (see note below), partnerships and certain LLC's to whom you have paid more than $600 in rents, services (including parts and materials), crop insurance proceeds, cash paid from a notional principal contract to an individual, partnership or estate. You must also file Form 1099-Misc to each person from whom you have withheld any federal income tax under the backup withholding rules regardless of the amount. NOTE: Attorneys fees (including corporations) over $600 must be reported.
Exceptions • Payments to a Corporation. • Payments for merchandise, telephone, freight, storage, and other similar items. • Payments of rent to real estate agents. • Wages paid to employees. • Reimbursed employee and independent contractor business expenses, providing proper accounting has been submitted to the taxpayer.
For More Information For more information on 1099 reporting, visit http://www.irs.gov/pub/irs-pdf/1099misc.pdf
Questions? Grow a successful business.
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