Oct 26, Late Filing Penalties
What is the best account to record late filing penalties in or should there be an account designated specifically to this? I usually create a sub
Using a cleanup checklist for successful QBO cleanups
QuickBooks cleanup projects can easily become overwhelming and time-consuming, especially if you’re not sure where to start. That’s why I always recommend using a cleanup checklist for successful QBO cleanups. It will help you stay on track, make sure nothing is missed, and give you confidence in the end result. Watch the video below or keep reading to see what a cleanup checklist can do for you. Click on the video link below to watch: Using a cleanup checklist for successful QBO cleanups First things first, what is a cleanup? What is a QuickBooks Online cleanup? Let’s define what I’m talking about just to make sure that we’re all on the same page. A cleanup starts with your client’s messy or incomplete books and follows a process – which includes reviewing the books, catching them up, fixing problems, and reconciling – and ends with books that are complete, accurate, and tax-ready. The cleanup process is full of challenges. When facing a cleanup, you may be wondering: Where...
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