The short answer to this question is YES! Incidents of cybercrime have been problematic for a long time, but have soared exponentially since the start of the pandemic. If the reputation of your firm depends in part on your maintaining confidential client records secure and private, then this insurance is a must. It’s not a […]
Pick up just about any public company’s most recent annual report, and you’ll find a section on ESG. ESG stands for Environment, Social, and Governance, and the trend of not only considering, but also measuring a company’s sustainability performance on ESG issues has become key. A new generation of investors is driving this movement as […]
ABILITY BUSINESS’S LISA BURNETT RECEIVES INSIGHTFUL ACCOUNTANT’S 2022 TOP 100 PROADVISOR AWARDNorth Canton, Ohio – May 25, 2022 – Ability Business is pleased to announce that Business Consultant and General Manager Lisa Burnett has been named a 2022 Top 100 ProAdvisor by Insightful Accountant, an independent news and information source written specifically for the small […]
Getting your business loan can be an exciting step in the growth of your business. Recording your loan properly in your accounting system usually requires special handling by your accountant. Your loan statement will provide the information you need to get it booked properly. You’ll need the following pieces of information about your loan: Total […]
A refund policy defines the processes and rules for when customers want their money back and want to return the products or services they purchased from you. It’s often required by your credit card or shopping cart company as part of maintaining PCI (Payment Card Industry) compliance. Plus, it’s just a good, fair business practice […]
Measuring and encouraging customer retention is important for businesses in many industries. There are a couple of great measures to see how you are doing in this area. We’ll explain those and provide some tactical tips in this article. Measuring Customer Retention The most common metric to measure customer retention is the customer retention ratio. […]
Quickbook recently released a new patch, R9, that increases security and improves QuickBooks Payments processing for QuickBooks Point of Sale 19.0.
First, QuickBooks is moving the built-in browser for Payments sign in from IE 11 to Microsoft Edge so you will want to make sure that you install the update to Microsoft Edge to continue to sign into Payments.
Is it that time of the year already? It sure is! Those users who are running their business with QuickBooks Desktop 2019 software have big decisions to make before May 31st, 2022 especially with Intuit discontinuing the outright buy option for QuickBooks Pro and QuickBooks Premier. As you review your setup and plan to upgrade your business systems, my hope is to offer you some guidance throughout the process. I’ll take a look at how your business could be affected, what Intuit services will be discontinued, subscription pricing, tips for planning your upgrade, and purchase options.
Most large businesses have developed mission, vision, and values statements to help guide them and inform stakeholders about the company’s strategic direction. Going through this strategic exercise is a wonderful idea for even the smallest business as well. A company’s mission statement lists its core purpose and desired impact for employees, customers, owners, and other […]
Collecting money from customers is a key function in any business, and the more automated this process is, the better. The payment function varies by type of business, but more and more, there are online options available for collecting money over the internet. Here are few tips on what that looks like. Your Website The […]