A reader asks, “I have an older desktop version of QuickBooks Premier. So far, it seems to work fine. What are the disadvantages of staying on an older desktop QB version?” Read today’s edition of “Ask the Accountant” for the answer…
A reader asks, “I produce my month-end statements and then do my reconciliations whenever the statements are ready. Is that the right order?” Read today’s edition of “Ask the Accountant” for the answer…
A reader asks, “QuickBooks can send payment reminders to clients. What do you know about it?” Read today’s edition of “Ask the Accountant” for the answer…
On March 11, 2020, Utah Jazz center Rudy Gobert tested positive for COVID-19, resulting in the cancellation of NBA games across the league and eventually the suspension of the rest of the season after a brief “bubble experiment” in Walt Disney World...
A reader asks, “If I convert to QuickBooks, do I have to use QuickBooks Payroll?” Read today’s edition of “Ask the Accountant” for the answer…
A reader asks, “What is the perfect system for a promotional products distributor?” Read today’s edition of “Ask the Accountant” for the answer…
A reader asks, “My brother-in-law owns his own business. He says he writes off most of his personal expenses in the business, and that I should do the same thing. What do you think?” Read today’s edition of “Ask the Accountant” for the answer…
A reader asks, “I am downloading QuickBooks Premier. There is a question about which edition I want. Which one do I pick?” Read today’s edition of “Ask the Accountant” for the answer…
Recently, I had a question about what a balance sheet shows, so I thought I’d tackle income statements as well. The income statement is also known as a profit and loss statement, or a P&L...
A reader asks, “What is a balance sheet and why does my CPA ask for it?” Read today’s edition of “Ask the Accountant” for the answer…