We have a family landscaping business and have been using Quick books for over 20 years. I have been managing the accounting for the last 15 years and still learn new things often..
To clairify - I do not move the funds all at once. When I cut a check to the owners I expense it to the S/H Distribution and then once a quarter I create a JE t...
@tj1701I understand what you are saying. You can do it either way, but I have a seperate equity account to make it a little more straight foward for my accounta...
@markonI want to thank you for posting your solution! As I mentioned in my other posts it has been quite a while since I completed the process and I am looking ...
While that is correct there are other issues to consider. For example I file my state sales tax on a cash basis. The sales tax collected/owed will only appear o...
Thanks for posting that link - may be some useful info for the future. I have to admit I got a little excited thinking there would be an easier way to start a c...