A Powerful Control: Reconciling Balance Sheet Accounts Before Close
In this article, I explain why you need to reconcile balance sheet accounts before closing your books.ย Reconcile Balance…
CPAs provide bookkeeping services to clients. These services usually involve the monthly recording of receivables, payables, cash receipts and disbursements, and other monthly activities. Additionally, the CPA normally reconciles the bank statements as a part of this service.
Cloud products such as QuickBooks or internal CPA bookkeeping software are used in providing this service.
At year-end the CPA often uses the bookkeeping information to prepare annual tax returns.
In this article, I explain why you need to reconcile balance sheet accounts before closing your books.ย Reconcile Balance…
Journal Entries Made Easy, an Introduction to Accounting is my new book available on Amazon. Are you an accounting…
In this article, I provide eight different types of accounting journal entries. Understanding journal entries is critical to understanding…
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Today, we’ll answer various questions regarding bookkeeping, preparations, compilations, and review engagement. Q: Should I issue management letters for…