Veronica WasekEvery podcast appearance, updated as new ones drop

Alicia and Veronica spin their "Wheel of Rants" to discuss essential boundaries accountants and bookkeepers should establish in their practice. From avoiding legal advice to setting proper client communication channels, they share war stories about embezzlement, email scams, and problematic client relationships. The hosts reveal why engagement letters are critical, how proper password management protects everyone involved, and why working for free ultimately undermines the entire industry. Sponsors Human at Scale - https://uqb.promo/human Debits - https://uqb.promo/debits (00:00) - Welcome to The Unofficial QuickBooks Accountants Podcast (00:27) - Spring Break Road Trip and Intuit Campus Visit (01:54) - Spinning the Wheel of Rants (02:47) - Allowing Clients to Control the Work (04:34) - Giving Legal or Tax Advice (09:24) - Taking Clients Without Required Skills (13:35) - Working for Free and Discounting Invoices (19:48) - Access to Client Bank Accounts (24:28) - Managing Client Communication (28:31) - Importance of Engagement Letters (31:52) - Reviewing and Updating Engagement Letters (34:43) - Vetting Clients Before Engagement (40:34) - Emotional Boundaries with Clients (43:36) - Confidentiality and Professionalism (46:34) - Course Announcements and Wrap-Up Resources LinkedIn Group: https://www.linkedin.com/groups/14630719/ YouTube Channel: https://www.youtube.com/@UnofficialQuickBooksPodcast Email: unofficialquickbookspodcast@gmail.com Nancy McClelland’s Ask A CPA community: https://www.thedancingaccountant.com/ask-a-cpa-signup 1Password: 1password.com Keeper: https://keeper.app/?via=4aaea6 Alicia’s Mobile App class: May 13 Sign up to Earmark to earn free CPE for listening to this podcast https://www.earmark.app/onboarding

Veronica Wasek joins Alicia for "wheel of rants" to dive into QuickBooks Online's chart of accounts transformation. They explore how Intuit's changes to expand the chart have created both opportunities and challenges for accountants and small business owners alike. The hosts discuss common account types including opening balance equity, undeposited funds, and reconciliation discrepancies, while offering insights on modernizing traditional categories to better reflect today's digital business environment.. Sponsors Rightworks Rightnow 2025 - https://uqb.promo/rightnow2025 (use code UQB15 for 15% OFF) (00:00) - Welcome to the Show (00:35) - QuickBooks Online's Chart of Accounts Evolution (02:18) - Reactions to the New Chart of Accounts (04:01) - Renaming Classic Categories (07:33) - GAAP and Custom Chart of Accounts (10:54) - Detail Types and Tax Preparation (16:13) - Managing Opening Balance Equity (20:31) - Undeposited Funds Workflow (24:00) - Reconciliation Discrepancy (26:27) - QuickBooks Online Adjustments (29:12) - The Importance of Numbering Systems (32:39) - Reclassify Tool and Modern Categories (36:01) - Meals and Entertainment Changes (37:32) - Merchant Services and Modern Expenses (42:27) - Final Thoughts and Upcoming Classes Send your Questions/Comments (we could read/answer them on air) unofficialquickbookspodcast@gmail.com Alicia’s classes: Chart of Accounts in QBO: http://royl.ws/QBOCOA Reconciling in QBO, Including troubleshooting: http://royl.ws/Reconciling-In-QBO Credit Cards in QBO, April 1, 2025: http://royl.ws/QBO-credit-cards Veronica’s class: QBO Paid Diagnostic Review System: http://bit.ly/5mb_diagnostic

The sudden shutdown of Bench Accounting in December 2024 left 11,000 business owners without access to their financial data, highlighting the risks of venture-backed automated bookkeeping services. Hosts Alicia Katz Pollock and Veronica Wasek discuss how this pivotal moment presents an opportunity for professional bookkeepers to showcase their value through personalized service, deep expertise, and genuine commitment to client success. They explore how independent bookkeepers can differentiate themselves from automated services while maintaining sustainable pricing models and building lasting client relationships. Sponsors Bluevine - https://uqb.promo/bluevine Settle - https://uqb.promo/settle TeamUp - https://uqb.promo/teamup Send your Questions/Comments (we could read/answer them on air) unofficialquickbookspodcast@gmail.com Links/Apps Mentioned in this episode: Year-end Cleanup and Tax Prep: http://royl.ws/yearend Converting from QBDT to QBO: http://royl.ws/QBDT2QBO Intro to Bookkeeping and Accounting class on Feb 18: https://royl.ws/intro-to-accounting-for-small-business QBO’s Banking Center on March 4: http://royl.ws/QuickBooks-Online-Banking https://5mbAcademy.com https://5MinuteBookkeeping.com https://5MBvideo.com https://mavency.com/ Sign up to Earmark to earn free CPE for listening to this podcast https://www.earmark.app/onboarding

Join us as we revisit this conversation from 2020! As an accounting community we each face similar challenges as professionals starting and building and accounting business. Listen to Veronica as she shares her story and offers advice. As a successful Certified Public Accountant, CPA, she has much to share. Listen as we discuss the back office realities of an accounting business and how the Virtual Bookkeeper's Roadmap was designed to help fast track everyone's success to running the premier accounting firm. Your Host: Roger Knecht , president of Universal Accounting Center Our Guest: Veronica Wasek , CPA and CEO/Founder of VM Wasek Veronica is busy working with clients, running her business and now giving back to the accounting community in a variety of platforms: • 5 Minute Bookkeeping blog / YouTube channel • 5MB Academy for virtual bookkeepers and accountants • 5 Minute Bookkeeping with QuickBooks Online FB Group 5 Minute Bookkeeping.com FB Group Veronica is also a Top 10 ProAdvisor - 2018, Member of Intuit's Trainer Writer Network, Top Accounting Influencer, CPA, Certified Advanced QBO and QBD ProAdvisor. Sponsors: Universal Accounting Center Helping accounting professionals confidently and competently offer quality accounting services to get paid what they are worth. The Virtual Bookkeeper The workflow every accounting firm ( from sole-preneur to multi-staffed firm ) should use to establish proven standards of operating procedures. This is the turnkey practice management process to insure efficiency and profitability. Offers: As discussed in the podcast we have some special offers that you'll want to take advantage of now. First, consider becoming a certified Profit & Growth Expert to help your clients with the most common issue facing small business, cash flow management. Learn to market, sell and offer this service with confidence and competence to get paid what your worth. Secondly, run your business efficiently applying the proven workflows found in the Virtual Bookkeeper's Roadmap and benefit from the technologies available today to help you and your clients stay on the cutting edge of what really works. Doing so you'll have the timely information to make intelligent business decisions using the information you produce. Thirdly, get your copy of the book written to help you work ON your business : "in the BLACK, nine principles to make your business profitable." This classic book has the timeless information you need to have the premier accounting business is your area. Get your copy NOW! Remember this, if it's about accounting its Universal. Listen to our next episode and be sure to subscribe. For more information on how you can apply these principl

I interview Veronica Wasek, Founder of VM Wasek and 5MB Academy where she helps bookkeepers and accountants through he videos, resources and her programs. We discuss all things clean ups, how to approach them and what’s the best way to know when you’re done. In this episode you’ll hear: How to approach a diagnostic review on prospects books How to leverage your clean up process in sales conversations Recommended clean up softwares to get the job done easier What the expected time frame and average for completing clean ups About our guest: Veronica Wasek is an accomplished entrepreneur, influencer, educator, and accountant. She is the CEO and Founder of VM Wasek – an accounting and consulting firm that specializes in helping Shopify sellers. Her presence in social media is well-known, including her 5 Minute Bookkeeping YouTube Channel, blog, and Facebook community. She also runs the 5MB Academy, an online academy for bookkeepers and accountants. Veronica is a Certified Public Accountant and is advanced certified in QuickBooks Online. Her expertise has earned her a spot among the Top 100 and Top 10 QuickBooks ProAdvisors. Veronica lives in Sugar Land, Texas and enjoys spending time with her husband Eric at their farm. Connect with Veronica Wasek: Check out her YouTube channel: @5MinuteBookkeeping Join her Facebook group: https://www.facebook.com/groups/5minutebookkeeping Follow her on Instagram: @5MinuteBookkeeping Resources mentioned in this episode: 👥 5 Minute Bookkeeping Facebook group 🎥 5 Minute Bookkeeping YouTube Channel 📝 Smart Review Checklist (Free checklist and learn how to review prospective clients' books in just 15 minutes ) 💻 Complete QBO Cleanup System 💻 QBO Paid Diagnostic Review System 💻 5MB Academy (all programs and resources created by Veronica Wasek) ⚙️ Asana ⚙️ Keeper Thanks for listening. If this episode inspired you in some way, take a screenshot of you listening on your device and post it to your Instagram stories and tag me, @ workflowqueen For more information about the Conquering Workflows & Systems for Bookkeepers & Accountants Podcast or interest in our programs or mentoring visit our resources below: Visit our website: workflowqueen.com Check out our courses: workflowqueen.com/courses Follow the Blog: workflowqueen.com/blog Connect on LinkedIn: linkedin.com/in/alyssa-lang-wq Connect on Instagram: instagram.com/workflowqueen Connect on Facebook: Facebook.com/workflowqueen Podcast Publishing Tools we use: Podcast Editing: Ian Gilliam: iangilliam.com

Are you looking for a trusted and reliable financial team who care about you, your business, and your vision for your business? ► HOW I CAN HELP YOU ◄ I help owners of modern service-based companies to free themselves from the hassle of dealing with the numbers side of their business. My services include: ♦ Cloud accounting and bookkeeping using QuickBooks Online ♦ QuickBooks Online set up and conversions ♦ Regular QuickBooks checkups ♦ QuickBooks cleanup (from small to colossal) ► CLIENTS I WORK WITH ◄ ♦ Modern service-based companies ♦ Creative and innovative businesses ♦ Veterinarians ► IS THERE VALUE IN US TALKING? ◄ ♦ Do you want to free up your time and stop worrying about your business so you can do what you love? ♦ Do you want to work with highly qualified, trusted, and dedicated professionals dedicated to your success? ♦ Do you value working with an expert? Let's talk. If you're unhappy with your current accounting pro or if you're ready to let experts handle your financial management. We are a trusted and reliable team of experts with a proven track record. Schedule a free discovery session at ♦ https://vmwasek.as.me/vw45dc ♦ MY STORY: After losing two jobs to the great recession, I started my professional services company in 2010 from nothing - no clients and no employees. I read the book "The E-myth Revisited" and realized that I am an entrepreneur and I never looked back. I set out to reinvent the traditional accounting firm and to redefine the role of the accountant. I focus on listening to my clients and with improving their business lives so they can focus on their passion.