Used by Contractors, Service-Based Business & Accounting Students
Don’t Delay, Learn Cash Basis Accounting in 4 to 6 Hours
Cash Basis Accounting for Quickbooks is the only book available that can teach small business owners and contractors cash basis secrets that can help them manage their finances, save thousands of dollars, and meet important tax deadlines. Business owners like you can avoid IRS audits, late fees, or last-minute accounting fees.
Late filing your taxes? Want to avoid those IRS notices and fees?
We all know that it’s important to get tax filings submitted on time. But have you considered that the IRS could get involved if you fail to properly account for your business’s revenue streams and operating expenses? Reading through our book can provide you with the tools you need to account for your business’s transactions correctly, while ensuring that all precautions are taken to avoid problems down the line.
Behind in Quickbooks with your bookkeeping? Not sure how to catch up?
Don’t hand over your outdated records and receipts to an accounting professional if you can help it. Many accountants will charge up-front fees before even beginning the process of completing your records. Cash Basis Accounting for Quickbooks can educate you on the techniques you can use to catch up on records and ensure your work is accurate and up-to-date.
Save your money. Avoid those high-priced accounting fees.
Every year, contractors and service-based businesses make the mistake of waiting too long before getting caught up on their bookkeeping records. To meet important tax deadlines, these tasks are often outsourced to qualified service providers who cover the accounting tasks without the involvement of business owners. Learn how to account for your own business practices with Cash Basis Accounting for Quickbooks. Doing so can save you and your business significant amounts of time, money, and energy.
Having trouble utilizing Quickbooks on the Accrual Basis?
Accrual accounting is most appropriate for large-scale businesses and businesses who are up to date on records and bookkeeping on a day-to-day basis. Cash basis accounting is the most common accounting method that is used. It is much easier to implement than the accrual method and it is very simple to understand. With Cash Basis Accounting for Quickbooks, you can dive into a more relevant approach to your business.
Can I make extra money on the side using Quickbooks?
Following the tips and advice in Cash Basis Accounting for Quickbooks can put you in a position to create an additional stream of income for yourself. The skills taught in this book can become rather profitable during this economic state that our country and world is in. Every entrepreneur and business manager needs to do their accounting and file their taxes at the end of the day. With Cash Basis Accounting for Quickbooks, you have all the tools that you need to make money for yourself on the side while enhancing your skill set with real-world experience.
What You'll Learn
CHAPTER 1 - 3
- How to Navigate the Book
- Basic Theories of Accounting
- Cash Basis vs. Accrual Accounting
- Converting to Cash Basis in Quickbooks
- Important Elements of Cash Basis Accounting
- Recommended Versions of Quickbooks
CHAPTER 4 - 6
- Which Financial Materials You Will Need
- How to Organize the Data to Record
- Setting Up a New Company in Quickbooks
- Elements of Quickbooks Homepage
- Separating Direct Job Costs from Overhead Expenses
- Adding Indirect Costs to Records
CHAPTER 7 - 10
- Entering Checks Written
- Entering Debit Card & ATM Transactions
- Entering Credit Card Charges
- Entering Bank Statements
- Entering Bank Deposits
- Recording Cash Out-of-Pocket Expenses