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Freshbooks Tips And Tricks

7 tips for efficient invoicing

by Chris Talbot | May 11/2011 | efficient-invoicing, small-business-advice, tips-and-tricks
7 tips for efficient invoicing

[caption id=”attachment_11679” align=”alignright” width=”300” caption=”Invoicing with crayons can be time consuming”][/caption]

Invoicing is one of those elements of running a business that freelancers either like or hate. It’s either a task that one can take some delight in (knowing payment will soon be on its way) or it can feel like a chore that…


Podcast with FreshBooks’ Mike McDerment - BusinessCast

by John Coates | April 19/2011 | businesscast, financial-post, mike-mcderment, podcast
Podcast with FreshBooks' Mike McDerment - BusinessCast mike - head and shoulders Mike McDerment was in the hot seat on BusinessCast episode 195 over the weekend. Mike covered a number of great topics for entrepreneurs including running a business online and finding fragmented markets. However, there is quotation that stands out for all people trying to work for themselves and get paid for doing what they love:…

Last minute tax prep: Pull your Profit & Loss report

by John Coates | April 8/2011 | profit-and-loss, tax-2011, tax-prep, tax-season
Last minute tax prep: Pull your Profit & Loss report

Sent out as an email to FreshBooks users yesterday.

Spring is here! Unfortunately that means taxes are due in the next few weeks – but since you’ve been using FreshBooks this year, you can pull your sales and expense information in seconds and quickly flip it to your accountant. #### Step 1: Pull your Profit…

COGS! Huh! What are they good for? Showing real value.*

by John Coates | April 5/2011 | cogs, cost-of-goods-sold, revenue, tax
COGS! Huh! What are they good for? Showing real value.*

*Sung

[caption id=”attachment_11074” align=”alignnone” width=”288” caption=”Not these type of cogs”]Fixed_gear_cog[/caption]

COGS is not just another complicated accounting term that’s on your tax forms, they’re actually fairly simple to understand (and you can record them in FreshBooks).

What are they?

COGS stands for Cost of Goods Sold, which essentially explains what it is. This…


Making expense deductibles a piece of cake

by Guest Author | April 4/2011 | expense-deductibles, schedule-c, tax, w-9
Making expense deductibles a piece of cake

Contributed by FreshBooks customer Mariette Knoblauch. For a Canadian perspective, please read ThatBookKeeper’s post on FreshBooks and Taxes.

List of Expenses - Taxes - FreshBooks As you’re getting ready to file taxes this April, you’re probably running into a few frustrations, especially around deductibles and write-offs. One easy way to avoid this is to use expense categories in FreshBooks, so…

7 Invoicing Tips That Are Guaranteed Time Savers

by Guest Author | March 18/2011 | cartridge-save, online-payment, payment-terms, save-time, tom-walker
7 Invoicing Tips That Are Guaranteed Time Savers

Paid invoice - FreshBooksFreelancers don’t want to raise (create) invoices. It’s an irritating necessity. It’s something we have to do if we want to get paid and that should be the main objective of any professional. While we do have to invoice our clients, there’s no reason why it should be such a lengthy task that it interferes…


Five ways to stay productive on St. Patrick’s Day

by Chris Talbot | March 17/2011 |
Five ways to stay productive on St. Patrick’s Day

[caption id=”attachment_10640” align=”alignnone” width=”300” caption=”Gross.”]green beer[/caption]

St. Patrick’s Day is celebrated with everything green: green beer, green accessories and parades in the street (and rivers dyed green in some cities). So why not make non-self-employed office workers green with envy? Self-employed professionals can use the day as a good excuse to slip out of the…


New: Compound Sales Taxes for Invoices & Expenses

by Casey McKinnon | March 16/2011 | compound-taxes, pei, quebec
New: Compound Sales Taxes for Invoices & Expenses

This feature is only available for businesses in the Canadian Provinces of P.E.I. and Québec. If you need compound taxes for your region, please get in touch with us.

FreshBooks now has compound sales taxes for your invoices, items, estimates and expenses! Now, when you assign a compound tax as a second tax…


How to work with an accountant

by John Coates | March 4/2011 | accounting, cpa, shoeboxed, tax
How to work with an accountant

Certified Public Accountants (CPAs or CAs) can be beneficial to your company in many ways you may not have considered. Your accountant will serve as your primary source of financial guidance for your business, offering assistance in a variety of areas that your business may or may not need. Before you begin to work with…


Why FreshBooks, as a SaaS app, no longer issues discount codes

by John Coates | March 1/2011 | customer-aquisition, discount-codes, marketing, saas
Why FreshBooks, as a SaaS app, no longer issues discount codes

Discounts and special offers are a hot topic for marketers, they can improve sales but might compromise a brand. We’ve done a number of discount offers over the past few years, but recently, we tested them to see if it was worth it for our business over time.

Why have a Discount Offer with SaaS?