With the addition of several new business clients, with many previous tax clients opening new businesses and for those that have been using Quickbooks for a while it was evident several times this tax season that there is a need to help business owners better understand Quickbooks.

Many were fine when it came to posting the typical income and expenses. But – when something different came along, I was never sure what was going to be posted. And in many cases individuals would have paid more in taxes if we had not corrected the postings.

Areas where I consistently saw problems were postings:

• for a new loan being taken out
• for new equipment being purchased
• for the owner putting money into or taking money out of the business
• for reporting of accounts receivable and accounts payable, especially partial payments, finance charges or returning of items
• to void checks, especially if a check was for a previous year
• to report a bad debt, a bounced check and
• the general entries given to you each year.

And the list could go on.

Several of my business clients paid hundreds of dollars more than usual because of the need to reconcile previous years’ numbers before being able to reconcile current year numbers.

I want to give you the opportunity to improve your knowledge of Quickbooks and to become more familiar with what you are posting. This should also lower your tax preparation fees in the future.


Workshop dates and times:
Monday August 17 5:00pm – 8:00pm

Saturday September 26 9:00am – noon

Tuesday October 27 5:00pm - 8:00pm

Location: