QB Power Hour Podcast

There are times as a QuickBooks ProAdvisor that you might want to entertain other options, either temporary or permanently. Lynda Artesani and Sarah Prevost join the panel to discuss the differences between QBO and Xero for those that might be looking to add Xero to their suite of supported offerings. Learn about Xero: https://xero5440.partnerlinks.io/80w3795vt0k0-nx0cim CPE offered through Earmark. There is no Live CPE for this Webinar, however you can check out the Prior CPE eligible sessions here: https://bit.ly/QBPHCPE [https://bit.ly/QBPHCPE] QB Power Hour is a free, biweekly webinar series for accountants, ProAdvisors, CPAs, bookkeepers and QuickBooks consultants presented by Matthew "Spot" Fulton and Dan DeLong who are very passionate about the industry, QuickBooks and apps that integrate with QuickBooks. Watch or listen to all of the QB Power Hours at https://www.qbpowerhour.com/blog  [https://www.qbpowerhour.com/blog ] Register for upcoming webinars at https://www.qbpowerhour.com/ [https://www.qbpowerhour.com/] 00:00 Introduction to Earmark App and Course Enrollment 01:07 Welcome to QB Power Hour Webinar Series 01:42 Today's Topic: Is the Grass Greener at Xero? 02:31 Meet the Guest Speakers: Sarah Prevost and   Artesani 04:47 Discussion on QuickBooks and Xero 15:05 Intuit's Changes and Their Impact 25:28 Exploring Xero's Features and Support 36:02 Xero's Bank Feed and Reconciliation 38:02 Discussing Xero Payroll Capabilities 38:46 Reconciliation Process in Xero 41:04 Exploring Xero's User Interface 41:54 Bulk Work and Cash Coding in Xero 43:14 Mobile App Enhancements 43:34 Customizing Chart of Accounts 45:08 Financial Statements and Reporting 47:41 Time Tracking and Project Management 51:03 Find and Recode Tool 53:02 Xero Pricing and User Management 55:31 Xero App Store and Integrations 57:06 Certification and Training for Xero 58:59 Comparing Xero and QuickBooks 01:01:37 Merchant Services and Inventory Management 01:03:43 Final Thoughts and Closing Remarks

Ted McRae - Certified Prompt Specialist will be joining Matt and Dan to overview strategies accounting professionals can utilize in their practice to incorporate AI. QB Power Hour is a free, biweekly webinar series for accountants, ProAdvisors, CPAs, bookkeepers and QuickBooks consultants presented by Dan DeLong and Matthew Fulton who are very passionate about the industry, QuickBooks and apps that integrate with QuickBooks. Earn CPE through Earmark: https://bit.ly/QBPHCPE  Watch or listen to all of the QB Power Hours at https://www.qbpowerhour.com/blog Register for upcoming webinars at https://www.qbpowerhour.com/ 00:00 Introduction and Welcome 01:06 AI in the Accounting Industry 06:06 Housekeeping and Session Details 15:45 Understanding Large Language Models (LLMs) 24:10 Practical Applications of AI in Accounting 32:46 The Cost of Private AI Environments 33:10 Handling Personal Identifiable Information 33:44 AI in Business: Practical Examples 34:21 Different Types of AI 35:24 Generative AI: Creating Content 37:17 Machine Learning: Continuous Improvement 38:23 The Future of AI: Risks and Opportunities 43:33 AI Hallucinations: Understanding the Concept 48:59 Effective Prompting Techniques 51:42 Upcoming AI Cohort and Final Thoughts

Matthew Fulton and Dan DeLong will be discussing some Intuit program updates as well as a discussion about Intuit's direction and how the accounting community will play a role in the direction they are heading. We will also be discussing some recent questions added in the the QB Power User Facebook Group QB Power Hour is a free, biweekly webinar series for accountants, ProAdvisors, CPAs, bookkeepers and QuickBooks consultants presented by Dan DeLong and Matthew Fulton who are very passionate about the industry, QuickBooks and apps that integrate with QuickBooks. Earn CPE through Earmark: https://bit.ly/QBPHCPE  Watch or listen to all of the QB Power Hours at https://www.qbpowerhour.com/blog Register for upcoming webinars at https://www.qbpowerhour.com/ 00:00 Introduction and Greetings 00:24 Overview of Today's Session 01:22 Meet the Hosts 03:11 Technical Announcements and Challenges 05:15 QuickBooks Updates and Features 05:57 Polling Question: QuickBooks Versions 08:19 Client Access Roles in QuickBooks Online 13:09 Migration from Tags to Custom Fields 32:27 Introduction to Automatic Matching Transactions 33:55 Concerns and Caveats of Auto Matching 36:41 Payroll and Tax Payment Enhancements 38:28 Intuit Enterprise Suite Updates 43:22 QuickBooks Desktop Migration Options 52:06 QuickBooks Payments and Revenue Share 01:00:28 Handling Write-Offs in QuickBooks Online 01:06:08 Conclusion and Upcoming Topics

Rachel and Dan discuss making daily sales summaries for entering transactions into Quickbooks. We will also be taking a closer look into a POS system, Lightspeed and how they handle this process. QB Power Hour is a free, biweekly webinar series for accountants, ProAdvisors, CPAs, bookkeepers and QuickBooks consultants presented by Dan DeLong and Matthew Fulton who are very passionate about the industry, QuickBooks and apps that integrate with QuickBooks. Earn CPE through Earmark: https://bit.ly/QBPHCPE  Watch or listen to all of the QB Power Hours at https://www.qbpowerhour.com/blog Register for upcoming webinars at https://www.qbpowerhour.com/ 00:00 Introduction and Course Instructions 01:09 April Fools and Technical Difficulties 01:33 Welcome to QB Power Hour 02:05 Introducing Today's Topic: Daily Sales Summaries 03:05 Meet the Co-Host: Rachel Doci 05:12 Housekeeping and Agenda Overview 06:51 Understanding Daily Sales Summaries 15:35 Setting Up QuickBooks for Daily Sales Summaries 19:07 Integrating Point of Sale Systems 21:24 Best Practices and Common Issues 29:46 Clearing Accounts and Daily Sales Summary 30:45 Manual Entry and Mapping Complexities 31:15 Setting Up Accounts and Items for Daily Sales 34:40 Handling Sales Tax and Reporting Issues 42:05 QuickBooks and Lightspeed Integration 45:10 Lightspeed's Features and Benefits 51:53 Training and Implementation with Lightspeed 54:01 E-commerce Integration and Product Mapping 57:21 Conclusion and Final Thoughts

Matthew and Dan will be talking about how Zapier offers a no-code way to connect applications that don't normally talk to each other. QB Power Hour is a free, biweekly webinar series for accountants, ProAdvisors, CPAs, bookkeepers and QuickBooks consultants presented by Dan DeLong and Matthew Fulton who are very passionate about the industry, QuickBooks and apps that integrate with QuickBooks. Earn CPE through Earmark: https://bit.ly/QBPHCPE  Watch or listen to all of the QB Power Hours at https://www.qbpowerhour.com/blog Register for upcoming webinars at https://www.qbpowerhour.com/ 00:00 Introduction and Welcome 00:21 Meet the Hosts 02:48 Overview of QB Power Hour 04:37 Today's Agenda: Zapier and QuickBooks Integration 05:06 Why Zapier? 07:17 Understanding Zapier Integrations 07:54 Poll Question: Familiarity with Zapier 15:08 Zapier Pricing and Task Accounting 20:27 Triggers and Actions in Zapier 21:35 Types of Triggers and Their Limitations 26:43 Action Steps and Field Types in Zapier 31:01 Advanced Features in Zapier 31:37 Understanding Zapier Icons 31:55 Integrating Zapier with QuickBooks Online 32:28 Setting Up Triggers and Actions in QuickBooks 37:02 Maintaining and Troubleshooting Zaps 41:00 Simple Zap Examples 46:20 Intermediate Zap Examples 51:31 Advanced Zap Examples 54:28 Exploring Zapier's App Directory 01:00:29 Conclusion and Future Topics