Bank reconciliations are a great way to double check your books. It provides accuracy and completeness, allowing management to have a true picture of the business.
Continue reading “Bank Reconciliation Among Different Accounting Methods”
Form 1099: Q&A About Tax Forms
The 1099 tax form can be daunting and lead many business owners to avoid itself. Avoiding it can bring many penalties and interest fees. This should help you figure out what to include and how to fill it out. Continue reading “Form 1099: Q&A About Tax Forms”
Bookkeeping, QuickBooks®, & Tax: Glossary/Definition of Terms
Bookkeeping is confusing for business owners who didn’t major in accounting. This glossary of terms will help out with some key bookkeeping, QuickBooks, & Tax terminology. This list will evolve over time, so feel free to ask questions below that we can respond to! Also, check out our separate accounting definition of terms. Continue reading “Bookkeeping, QuickBooks®, & Tax: Glossary/Definition of Terms”