Mid year check up
This is for all of those small business owners. It is almost June, have you reconciled all of your bank statements and credit card statements for the year so far? You need to make sure everything that is on your statements is also in your Quick Books file. By doing this now it will make it easier at the end of the year to get ready for your CPA and taxes. Other things to be staying on top of: Sales tax reporting and payments Payroll tax payments Also, now would be a really good time to make sure all of your employees and contract labor people have given you their social security/EIN numbers and correct address. This is easier to do now than at the last minute for end of the year W2 and 1099 filing. I wish all of you a prosperous rest of your year. If you need any help with your bookkeeping needs please give me a call. I am here to help.
Recent PostsSee All
Setting up pricing levels for business will be necessary for maintaining a profit and making sure you and possibly your employees are able to keep a sustainable or desired income. When setting up your
An accounting cycle is a process that is used to conduct the financial side of a business when transactions (income and expenses) occur over the length of an accounting period. Each accounting period
Every business should have an accounting method to track its finances. Accounting methods are used when reporting both revenues and expenses, and it is a set of rules that are followed when completing