About Accracy Accounting

Returning Member

Latest badges earned

Member profile

About Accracy Accounting

Remote Bookkeeping & Accounting Services Including Payroll, Sales Tax, AP & AR using various Tech Stack

Replies
Posts

Re: How do you fix mixed expenses between two LLC businesses?

Credit Card 1 (Legally on LLC 1's name)Under LLC 1 Books: Post them under Due to/from LLC 2Under LLC 2 Books: Post JE - Debit (Expenses) and Credit (Due to/from...

Accracy Accounting

Updated Jul 27, 2024
Re: Making an Entry for funds received one fiscal year but used in n...

You mentioned cash basis so your current accounting treatment to recognize revenue when funds were received (previous fiscal year) is correct by the old treasur...

Accracy Accounting

Updated Jul 27, 2024
Re: How do you issue a dollar amount credit on a customers account

You can just issue a credit memo1) Go to Sales2) Go to Customer > Select the Customer3) New Transaction dropdown > Select Credit Memo4) Enter the dollar value o...

Accracy Accounting

Updated Jul 27, 2024
Re: We run a non-profit that accepts donations/grants that are often...

So here is how I do it (you will need QBO projects module)1) Customer: Create New Customer - "Grant 1"2) Projects: Create 3 Projects - Client 1, Client 2, Clien...

Accracy Accounting

Updated Jul 26, 2024
Re: Vat Recording & Reports for Multiple Vat countries

Yes, all this is possible by adding separate agencies and rates.In terms of integration, you need to use a third-party integration tool such as A2X accounting t...

Accracy Accounting

Updated Jul 26, 2024

Membership stats

Quick links

Need to get in touch?