Bookkeeping

You can customize our donation receipts with your logo, a simple message, and other options. Some dependent care expenses may qualify for a tax credit, including money paid to a daycare provider, babysitter, after-school program, or day camp. By having … Read More

If the totals didn’t align, you’d investigate to find and fix the mistake before preparing further financial statements. A balance sheet is a formal overview of your business’s financial position. It is used to see whether the total of debit … Read More

Similar to canceled checks, voided checks cannot be used to withdraw money from a deposit account. However, voided checks still show electronic banking information to help individuals or organizations connect with a bank account. Many online check writer software provides … Read More

QuickBooks no longer offers pricing details or allows purchases of Premier online. We’ll break down the pros, cons, pricing, and other details for each product to help you make the most informed purchasing decision. If they use their smartphones, the … Read More

This includes lease payments, gas, registration fees, tolls, repairs, and commercial auto insurance premiums. Explore tailored tax write-offs with our self-employed tax deductions calculator. Ideal for contractors or content creators, it covers more than 30 industries and brings you one … Read More

It involves tracking where your funds are going and identifying areas where you may need to cut back or raise more money. Keep monthly and quarterly tabs on your nonprofit’s cash flow with this all-inclusive, customizable template. Pre-filled income sources … Read More

The Statement of Functional Expenses, a key component of nonprofit financial reporting, further breaks down expenses by function, enhancing transparency and accountability. In summary, nonprofit organizations recognize revenue from pledges and contributions based on certain conditions, donor-imposed restrictions, and specific … Read More

It should take approximately three and a half hours to complete all six sections. To become a QuickBooks ProAdvisor, you need to sign up for the QuickBooks ProAdvisor program on the Intuit website. You will then have access to training … Read More

Petty cash bookkeeping is a single-entry system that simply records the total amount of money you have in your petty cash drawer. If you’re using an actual cash box for this, it’s best to keep track of each entry. This … Read More