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About Steve Chase

Steve Chase grew up in Dayton, OH but now calls San Antonio, TX home along with his entrepreneur wife, Erin, and their 4 sons. Steve founded Sequentia Solutions in 2017 to help small business owners grow their business with practical and effective solutions. Steve's #1 Clifton StrengthsFinder skill is Learner which comes in handy while he teaches others how to best use various business software applications like QuickBooks Online and Excel. Steve is an active volunteer leader with the Boy Scouts and treasures the lessons he learned while participating in Scouts as a youth on his path to Eagle. Steve enjoys drinking coffee, a good book, visiting art museums, and doing math problems using a brand new sharpened #2 pencils.
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How to run the audit log in QuickBooks Online to see who voided and deleted transactions

The Audit Log will report all activity with a timestamp on the user who performed the transaction. An audit log report could show you when and who voided or deleted a transaction from the register. It also could let you see if a transaction changed from a reconciled status to un-reconciled status. Access the Audit Log by clicking on the gear icon which is located in the upper right corner then click Audit Log from the tools menu. You will see the following headers: Date Changed User Event Name Date Amount History A special trick that I like to use is the filter button to view all voided/deleted transactions. Click the filter button then check [...]

By |2018-06-20T11:07:45-05:00June 20th, 2018|QuickBooks Online|0 Comments
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How to run a Profit and Loss report by Month in QuickBooks Online

The Profit and Loss report by month is an insightful report that sheds insight on monthly income or losses. As as small business owner, this report can help you understand which month was your highest net income month. It also can report which month had the greatest expenses. Knowing your income by month will help you create budgets and have a greater clarity of how your business operates in a yearly cycle. You may wish to collapse the report details by clicking the arrows next to Income, Cost of Goods Sold, and Expenses.

By |2018-06-19T06:59:11-05:00June 19th, 2018|OntraPort, QuickBooks Online|0 Comments
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How to run the Profit and Loss report by Customers in QuickBooks Online

The Profit and Loss report by Customer (aka Income Statement) will display your income, expenses and net income (profit or loss) by customer. Like the regular P&L report, it will be based on a starting and ending period of time. You can access the P&L by Customer by first clicking Reports on the left navigation bar. Then scroll down and select Profit and Loss By Customer which is in the Business Overview section. You can also find it in the search bar by typing "profit" and then selecting the report from the pop up list. This report will help you understand a clearer picture of income or losses by customers.  

By |2018-06-18T18:02:55-05:00June 18th, 2018|QuickBooks Online|1 Comment
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How to to run and customize the open invoices report in QuickBooks Online

The open invoices reports in QuickBooks Online displays a list of all customers that haven't paid in full. This report will link to the Accounts Receivable of the Chart of Accounts. A common mistake for small business owners is to forget the past work they performed for their customers. The may have sent an invoice out to a customer but got so busy serving other customers they forget to collect payments. A business owner who is not organized in collecting customer payments in a timely manner will threat his own chances for existing. The good news is that QuickBooks Online will not forget which customers still have invoices not paid in full. To run the [...]

By |2018-06-18T18:03:27-05:00June 15th, 2018|QuickBooks Online|0 Comments
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How to decide which QuickBooks Online version is right for you?

QuickBooks Online offers three options to purchase. Simple Start Essentials Plus As of June 2018, the pricing is $20 (QuickBooks Online Simple Start), $40 (QuickBooks Online Essentials) and $60 (QuickBooks Online Plus) per month. As your business moves forward, you can opt to upgrade or downgrade your plan. If you want to track inventory in QBO, then need to purchase the Plus version. If you are a non-profit you probably want a copy of the Plus version so you can use the Class tracking feature. TechSoup offers a $50 price for the entire year for copy of a new QuickBooks Plus version. If you are a business coach then you can go with the Simple [...]

By |2018-06-14T13:06:37-05:00June 14th, 2018|QuickBooks Online|0 Comments
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How to reconcile your checking account in QuickBooks Online

If you have a QuickBooks Online account, you should be performing monthly reconciliations for each business checking and credit card account you have. Reconciliation is the process of matching your bank statements to your QuickBooks registers. This process ensures that you do any course correction such as dealing with QuickBooks duplicate entries or bank errors. Before you can reconcile, you will need to obtain your monthly statement from your bank. A checking account statement will have the following: Account Number Beginning Balance Ending Balance Date range period Summary Information that is helpful for the person reconciling: Subtotal of Deposits and Additions (Instances) Checks Paid (Instances) ATM & Debit Card withdraws Electronic withdraws Other withdraws Bank [...]

By |2018-06-13T08:07:18-05:00June 13th, 2018|QuickBooks Online|0 Comments
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