ProConnection® Newsletter | May 2008 | Vol. VII, No. 6
ProConnection® Newsletter | May 2008 | Vol. VII, No. 6
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Using QuickBooks for Beauty Parlors, Salons, Barbershops, and Spas All across the country, women and men are flocking to parlors, salons, barbershops and spas to look their best, with hair going up in rollers, styled in braids, trimmed, dyed, streaked and treated. Yet while the business of beauty is strong, the owners of salons and spas can sometimes look a mess when it comes to accounting systems, controls and procedures.
Unless, of course, QuickBooks software and a good QuickBooks consultant are behind the scenes, making the back office of the salon look as good as the customers in front. Scott Cytron interviews CPA Raffaele B. Mari, a savvy practitioner who works with salon owners and QuickBooks to keep the their books looking marvelous.
Read this CPA's advice on working with beauty parlors, salons, barbershops, and spas.
Former CPA Becomes Salon Owner, Shares Advice For more on this practice niche, here’s advice from Tom Kuhn, a former CPA who transitioned into the beauty industry. Tom has seen the business from both sides – outside professional and inside business owner – so his tips for financial professionals are especially helpful.
Among his tips, he advises establishing "financial rituals" with salon owners on a weekly basis. He notes that salon owners have a weekly -- and not a quarterly -- mindset. “Many salon owners need help gaining confidence with the numbers,” he adds. “If you do this, you can add great value and provide peace of mind for them.”
Alert Your Clients. Effective May 31, 2008, in accordance with our QuickBooks Service Discontinuation Plan, Intuit will discontinue live support* and add-on service(s) available for some software products, specifically
Each year, we strive to deliver the best products to our customers by investing in technology that makes QuickBooks better and easier to use. One of the ways we are able to do that is to manage the costs associated with supporting older releases. We believe this enables us to provide you with the right level of service, while still providing leading-edge business solutions to our customers at the lowest cost.
For more information about products and services affected, see the QuickBooks Service Discontinuation posting here.
* Live support includes any telephone support, data recovery and password removal services, and electronic support provided by a technical support representative.
Making environmentally friendly changes in your office pays big dividends by permanently lowering your operating expenses. Electricity and fuel, office supplies and postage, and packaging and waste are just a few of the areas where you can save big.
Added Bonus: Running a green office is also a great marketing tool to attract green-minded clients.
CPA Sandi Smith offers up a living checklist to see how you measure up. Also included are tips on how to get clients and employees on board.
OFFER: "The QuickBooks Client (QBC)" NewsletterThe QBC is now available in an HTML email version through Constant Contact. Try it free for two months. Or get $100 off our very popular PDF version.
The publisher of QBC urges you to begin growing your QuickBooks practice with your own personalized QuickBooks client newsletter. The newsletter lets you keep your name, surrounded by great QuickBooks articles, in front of clients and prospects every month. The publisher recommends the newsletter as a great tool for ProAdvisors or any accounting professional serious about growing their practice with QuickBooks.
The two months FREE is based on a rate of $69.90 per month after the free two months. The $100 off is a discount from the regular annual price of $599.
Learn more about the offer for two months free or $100 off on this QuickBooks client newsletter.
Note: The QBC is a brand of Ghost Partner, Inc., which is not affiliated with QuickBooks. However, we are identifying this opportunity here in response to requests we get from readers about client newsletters.
New Dependency Rules Provide Simplification for Some—But Not for OthersAlthough 2004 legislation tried to simplify the rules on tax breaks for families with children, the requirements remain tough for some clients, and especially for nontraditional families.
A recent tax court case highlights how complicated the task can be.
Five Ways to Keep an Individual Tax Client after Tax SeasonYouve made it through another tax season. After you take a well-deserved vacation, whats next?
CPA Sandi Smith offers five ways you can keep your individual tax clients through the year (and even add to your bottom line).
Be among the First. Intuit has just introduced the Intuit Document Management System (DMS) for QuickBooks Accounting and you can try it out at no cost for up to five clients. Store client files electronically and access them instantly right from your PC.
You already know that moving to "less paper" in the office is an easy way to save on office space. It will also increase your productivity.
Note: If you are a QuickBooks user, you should be receiving a special discount offer on this product in your email in-box later this month.
Learn more about the Intuit Document Management System here.
Still the Number One Question from Practitioners Using QuickBooks Payroll. Here is our tip on how to add a new taxpayer ID to a payroll subscription.
Here's how to add another taxpayer EIN to an existing QuickBooks Payroll subscription.
Applications for the Council Are Open. Intuit wants to hear from you if you are interested in joining a select group of accounting and tax practitioners: the 2008-2009 Accountant and Advisor Customer Council. Members meet twice a year at an Intuit location and join in several teleconference calls throughout their term to provide Intuit's product managers, marketers and top executives with action-oriented feedback.
New Faces Are Good. Dont worry if you have not been actively involved with Intuit in the past. We want to reach out to ProAdvisors and other practitioners who have been part of the conversation previously.
Many small businesses look to their accountants to help them select the right entity – should they incorporate, file an S-Corp election, form an LLC? This webcast, from Intuit’s Legal Director Deborah Sweeney, walks an accountant through the key decision points,discusses the models available for engaging clients in this arena, and shows them how to grow their practice while doing so.
Deborah Sweeney is the General Manager of Intuit’s MyCorporation – which provides affordable, reliable legal filing services to small businesses, accounting and legal professionals.
View this 30-minute recorded Webcast, "Selecting the Right Entity Type," at your convenience.
Product Resources. To support practitioners in their efforts to address more of their clients' ongoing business needs, MyCorporation has assembled resources meant just for this purpose.
You can add more consulting services to your practice, helping your clients solve common business problems, by using MyCorporation for filing of LLC formation, incorporation, business licenses, trademarks, copyrights, DBA names, and more all for a great price.
As you learned in our special Conference edition sent last month, Intuit is holding conferences with CPE sessions on QuickBooks, Lacerte, and managing your practice, in San Diego and Orlando.
As you make plans to attend accounting conferences over the summer, look for Intuit at the following events:
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