Tag Archives: QuickBooks tips

How to Build Cost of Goods Sold (COGS) in QuickBooks Online for Service-Based Businesses

Calculator and notebook displaying "COST OF GOODS SOLD," with U.S. dollar bills in the background, illustrating financial analysis for business profitability.

Dave thought everything was going fine. He ran a commercial property maintenance company. Solid team. Regular clients. Decent revenue. But one Friday afternoon, reviewing his Profit & Loss report, something didn’t sit right. His gross profit margin seemed off—way off. It said he was making a 48% margin. Except his bank account said otherwise. So, […]

You Used Your Personal Card for Business Expenses — Now What?

Man in apron mixing money labeled "Personal Account" and "Business Account" in a large bowl with a commercial mixer, symbolizing financial management for small business owners.

Let’s be real. Most business owners swipe their personal card in the early days — not because they planned poorly, but because they had to move. Fast. Maybe it was a legal fee. Maybe it was a website, a Canva subscription, or a hefty franchise fee. Either way, you made a move to invest in […]