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Showing posts from February, 2011

TAX TIME REPORTS TO TAX PREP PROFESSIONAL

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Getting ready to visit your CPA or tax preparer? Not sure what reports to send?

First thing you need to do is determine if you file your taxes on a Cash Basis or Accrual Basis. Take a look at last year’s tax return or give your tax pro a call…they can tell you which basis applies to your business.

QuickBooks allows us to print reports in either format, so you can easily print the reports your tax professional needs (and save money if you send the properly formatted reports). Simply select the Modify button inside the report onscreen and change the basis from Cash or Accrual as needed….easy! A report that doesn’t have that option is not affected by the Basis.

Here’s a list of the reports you should take to that meeting. (Cash Basis and Accrual Basis if you are not sure):

• Profit & Loss Standard for the tax reporting period from the Company & Financial report listing (Cash and/or Accrual Basis)

• Balance Sheet Standard for the tax reporting period from the Company & Financia…

Customize Forms in Quickbooks!

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You can change the format of many different forms in QuickBooks to fit your needs. Some examples include invoices, credit memos, sales receipts, purchase orders, statements and more! YOU decide which fields and columns are included, what they are named and where they are located on the form. You can also add images and other data fields!

How to Customize a New Form:Select Lists:Templates from the menu.Click the Templates button.Select New from the menu.Click the new form type in the Select Template Type window.Click OK.Click the Manage Templates button.Enter the Template Name in the Manage Templates window.Click OK.Make appropriate selections in the Basic Customization window.Click the Additional Customization button.Select whether to include fields on screen by clicking the box below Screen. Select whether the print fields by clicking the box below Print.Repeat step 11 for each tab in the Additional Customization window.Click the Layout Designer button to change the appearance of the …

New RADIO AD running!

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Our new ad will be featured in Reno on KOH am 780 this week, and Magic 99 fm next week.
If you're in RENO and need bookkeeping help, you know who to call!

Got a QuickBooks Mess?
Call The QuickBooks Gal!
775-348-9225

Call Northern Nevada's Only Intuit Solution Provider! Sales, Support, and Training 775-348-9200 qbdoc@qbdoc.com www.qbdoc.com

The QuickBooks Gal
Custom Business Solutions
1755 E Plumb Lane, Ste 101
Reno, NV 89502
775-348-9225
jayne@qbgal.com

Quicken Crashed - Got Mint?

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Have heard ofMint- a new "Quicken alternative" by Intuit?

This program allows you to upload your activity directly from your banks, credit cards, mortgage, and more.

You'll have as much history as your financial institutions allow and you can always record anything you like manually as well.

This is a great way to assure that you never lose your files again and you can access your information from anywhere that you have internet access.

For a quick overview, check out the video below!



Got a QuickBooks Mess? Call The QuickBooks Gal! 775-348-9225


Call Northern Nevada's Only Intuit Solution Provider!
Sales, Support, and Training
775-348-9200
qbdoc@qbdoc.com
www.qbdoc.com



The QuickBooks Gal
Custom Business Solutions
1755 E Plumb Lane, Ste 101
Reno, NV 89502
775-348-9225
jayne@qbgal.com


Peachtree AccountCare Partner, One-Write Plus Conversion

2011 1099 Regulations - Do You Know the New Rules?

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There are big changes in the 1099 process beginning January 1, 2011.  Do you know what they are and how they affect your business?  You can follow this link to the IRS  current publication that explains these changes and includes a link to check for updates that may result from congressional changes.  
Here's a link to aPDF fill in W-9 formthat should be issued to all 1099-eligible vendors.

Got a QuickBooks Mess? Call The QuickBooks Gal! 775-348-9225


Call Northern Nevada's Only Intuit Solution Provider!
Sales, Support, and Training
775-348-9200
qbdoc@qbdoc.com
www.qbdoc.com



The QuickBooks Gal
Custom Business Solutions
1755 E Plumb Lane, Ste 101
Reno, NV 89502
775-348-9225
jayne@qbgal.com
visit our blog:  blog.qbgal.com 

Peachtree AccountCare Partner, One-Write Plus Conversion

Got QuickBooks Mac?

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If you are using QuickBooks for Mac, here's a great Blog Post with lots of useful info.
Reno QuickBooks Blog


Got a QuickBooks Mess? Call The QuickBooks Gal! 775-348-9225
Call Northern Nevada's Only Intuit Solution Provider!
Sales, Support, and Training
775-348-9200
qbdoc@qbdoc.com
www.qbdoc.com



The QuickBooks Gal
Custom Business Solutions
1755 E Plumb Lane, Ste 101
Reno, NV 89502
775-348-9225
jayne@qbgal.com
visit our blog:  blog.qbgal.com 

Peachtree AccountCare Partner, One-Write Plus Conversion

Bookkeeping Quiz & Answer Guide

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I found a Great Bookkeeping Quiz years ago that I would like to share with those who are looking for a bookkeeper and want a quick and simple quiz that will help you to assess basic skills and separate "clerks" from bookkeepers. Try it!  When you finish, use the Answer Guide at the bottom of this page to see how you or your potential staff member did! Bookkeeping Quiz 1. What accounts make up the balance sheet?

2. What accounts make up the profit/loss statement?
3. What are the normal balances of the following? (Dr or cr)
_______Postage Expense      _______Accounts Receivable
_______Office Equipment     _______Accrued Payroll Taxes
_______A/R Allowance         _______Fee Income
_______Note Payable            _______Shareholder’s Equity
_______Payroll Advance        _______Accumulated Depreciation
_______Petty Cash                _______Depreciation Expense
4. Define or describe the following:
FUTA__________________________________________________________________
FWT______________…