Accounting Tools

JUNE 12, 2023

Review bank reconciliations , count on-hand cash, confirm restrictions on bank balances, issue bank confirmations. Confirm account balances, investigate subsequent collections, test year-end sales and cutoff procedures. Examine subsequent payments, compare balances to prior years, recompute accruals.

Financial Statements 76

Financial Statements Auditing General Ledger Bank Reconciliation 76

Jetpack Workflow

MARCH 21, 2023

For businesses using the accrual method of accounting, it means double the work, entering data twice for every transaction. Since money from the sale has not been received, your business records it as a receivable, meaning it’s money to be collected. However, it’s not always a smooth process with Excel templates.

Bookkeeping 52

Bookkeeping Bank Reconciliation Reconciling Accounts Payable 52

5 Minute Bookkeeping

APRIL 22, 2021

Accrual or Cash accounting ( method used for their internal bookkeeping and method used for tax purposes ). To start off, you want to record the following client information: Company name ( Legal business name). Tax form that’s being filed ( depends based on entity type and location). Wrapping up a QBO cleanup. Success!

QuickBooks 52

QuickBooks Reconciling Bookkeeping Bank Reconciliation 52

Nanonets

APRIL 16, 2023

Tax Reports W-9 and other tax information collected can be used to generate periodic tax compliance reports. Give Nanonets ™ a spin for higher accuracy, greater flexibility, post-processing, and a broad set of integrations with other Accounting, ERP systems & more! The system tabulates the data for you.

AP 52

AP Accounts Payable Accounts Payable Purchase Order 52

Nanonets

JUNE 29, 2023

Features: Bank reconciliation and cash management functionalities General ledger ensures comprehensive financial tracking Workflow management, allowing for efficient approval processes and control over spending.

Budgeting 52

Budgeting Expense Reports Data Entry Invoicing 52

Cloud Accounting Podcast

AUGUST 3, 2020

There's a form called Form 3115, which you file with your income tax return to change your accounting method from cash to accrual, vice versa. I bet you a lot of these online lenders lending to small businesses are in trouble because they're never gonna be able to collect on a lot of these loans. They have to earn trust in market.

QuickBooks 40

QuickBooks XERO Bookkeeping Payroll 40