I have worked with DCAA since 1985 and do not suggest contacting them for advice on how to be compliant. Follow the information provided on their website and if...
Health insurance premiums for S-Corp SH (Shareholder/Owner) are usually paid to insurance provider via AP and coded as health insurance expense on your books. T...
Accounting entries must begin with entity type, you seem to be mixing up these 3 entity types:- Owners = Sole Proprietor- Partners = LLC/Partnership- Shareholde...
Every business needs multiple accounts to do accounting properly but those depend on many factors unique to your company. I suggest you should hire accountant t...