I learned something fascinating this week on one of my favorite podcasts—Tides of History (if you love history like I do, I’d highly recommend it). Growing up, I always assumed that when Gutenberg invented the movable-type printing press that he became very wealthy from that invention. After all, what he created is consistently rated one of the most important inventions of all time. Instead, shortly after printing his famous and beautiful Gutenberg Bibles, his business partne

Not using Undeposited Funds Correctly If you are like most businesses, you deposit more than one check at a time. The way QuickBooks handles this is with a special account called Undeposited Funds, which I think of as the drawer in your desk where you put checks until you deposit them. It might be that you make a deposit every day, but even then, throughout the day, when checks or cash comes in from customers, you put them in your drawer until you make that deposit. Some peop