Bookkeeping Tips: Understanding Your Chart of Accounts
Understanding your Chart of Accounts is key to creating accurate financials statements. Your Chart of Accounts is a complete list of the ledger accounts you will use to record transactions…
Understanding your Chart of Accounts is key to creating accurate financials statements. Your Chart of Accounts is a complete list of the ledger accounts you will use to record transactions…
If there is one thing I’ve learned while running a small business, it’s that nothing gets accomplished without organization. While there must be room for “creative freedom” in most industries,…
When you record a transaction in QuickBooks (or any accounting system for that matter), you use ledger accounts that are listed in your Chart of Accounts. QuickBooks helps you create…
Employee Retention Credit Update Because of the predatory practices by many “pop up companies” targeting small businesses with claims of getting $$$ from the IRS, small-business owners worried about being…
The ERC is a refundable tax credit designed for businesses who continued to pay employees while shutdown due to the COVID-19 pandemic or had significant declines in gross receipts from…
Sales and Use Tax for Business in North CarolinaPart II: Nexus Last month’s blog covered what sales and use taxes are, as well as how businesses file and pay them….