Why Should a Small Business Make Use of Accounting Software?
Are you at a point where you are considering the need for small business accounting software, like QuickBooks?
How to Reissue a Bill Payment in QuickBooks in a Closed Period
A vendor you paid via Bill Payment lost the check. You need to re-issue the Bill Payment check, but it was in the last fiscal year and the books are now closed. Here's what to do.
How to Void a Check in QuickBooks in a Closed Period
So, you closed your books, your taxes are done, but now you realize a check you wrote in the closed period needs to be voided and re-issued. What do you do?
How to avoid getting hit with payroll tax penalties
Payroll Tax Penalties For small businesses, managing payroll can be one of the most […]
How to prepare WIP reports for long-term contracts
ARE YOUR PROFITS ON TARGET? Work-in-progress (WIP) is a major inventory account for manufacturers, […]
What Is The Burden Of Proof?
The responsibility to prove entries, deductions, and statements made on your tax returns is […]
Why Should I Keep Records?
Good records will help you monitor the progress of your business, prepare your financial […]
What Kind of Records Should I Keep?
You may choose any recordkeeping system suited to your business that clearly shows your […]
How Should I Record My Business Transactions?
Purchases, sales, payroll, and other transactions you have in your business generate supporting documents. […]
How Long Should I Keep Records?
The length of time you should keep a document depends on the action, expense, […]