Hi there, I need some help. I have hired a bookkeeper, and she has reconciled my 2019 data but things seem off - way off....my rent for example shows In the profit and loss statement as double the expense (43,200) than it actually was (1800/month = 21,600). I've looked up the "transaction list by supplier" report should there be negative numbers? should there be a listing for bill, then cheque expense, then another bill payment line all for the same transaction? I've attached a screen shot of the report referring to the rent.
I don't understand this - hence why I've hired a bookkeeper, but her numbers seem way WAY off...I'd like to get some input before I ask her to explain it to me, as there was another discrepancy that she said she reconciled one amount, but client asked for a statement because they were reconciling their accounts, I went back to the bank account, and the client actually paid $10 less than the amount received in quickbooks (mistake in entering into the debit machine) - my bookkeeper didn't catch it, but even when it was questioned, she said that it was reconciled correctly. It is making me wonder if I need to go through EVERY transaction to triple check it. Am I liable for any wrong information submitted to CRA, or is she?
