- #CAN I PLUG A NUMBER INTO THE BALANCE SHEET IN QUICKBOOKS 2016 FOR MAC HOW TO#
- #CAN I PLUG A NUMBER INTO THE BALANCE SHEET IN QUICKBOOKS 2016 FOR MAC FULL#
#CAN I PLUG A NUMBER INTO THE BALANCE SHEET IN QUICKBOOKS 2016 FOR MAC FULL#
The full length videos found in our learning center will take what you learn in the short videos 100 steps further.ĭo you want to learn the secret to our training?
#CAN I PLUG A NUMBER INTO THE BALANCE SHEET IN QUICKBOOKS 2016 FOR MAC HOW TO#
Our short videos are designed to help you learn some tips and tricks on how to use these programs more effectively.
People really love the fact that we can record the session and provide that FREE. The one-on-one online trainings have been most popular. Then I started our QuickBooks Blog and our Excel Blog īefore I knew it people were asking for one on one online training in QuickBooks and Excel. In order to make our services available to anyone, anywhere, anytime I started the Learning Center I know accounting and bookkeeping.Īccordingly we’ve been very successful at finding good bookkeepers for our clients, but we are NOT a recruiting firm. It was easy for me to find good bookkeepers because I understand what they need to understand. Then I realized I could only take on so much on my own, so I started hiring bookkeepers. The expression of gratitude on people’s faces when I help them is worth more than what I charge! I found that I really like to organize things for people. I started going in to clean up those messes. I also realized that there were a lot of bookkeepers out there quite frankly making a mess of things.
I realized there were a lot of people who knew their business but really needed help with their accounting. Craigslist worked and the clients started coming in.Īll we had to do was get the first client. Then I started posting ads on Craigslist. You would laugh now if you saw the original site. I taught myself a little bit of web design. I was making $40,000/year which in Los Angeles is barely surviving. I was tired of the condescending bosses that offered venom instead of help and training. I started this business from nothing back in 2003 because I was frustrated working for someone else. If you are a small business then you probably are or should be using QuickBooks If you have 500 or fewer employees then you are a small business. is still a “small business” – so we know the struggles you face. If you are a small business we can help you grow. If you’re watching our videos here or on YouTube or anywhere else then there is a good chance you have a small business. This means that in between these two steps we will need to determine what the cost was. The second step is to record the transfer of cost from Cost of Goods Sold to Charitable Contributions. The first step in to record the invoice for the donated inventory. There are 2 steps in accounting for donated inventory in QuickBooks. So it is NOT recorded for the value of what you would have sold it for, but for what it cost you to acquire it. The donation is recorded at the lower of cost or market (in this and most cases that will be cost). One additional step is required to get the cost out of “Cost of Goods Sold” and into “Charitable Contributions”. So donating inventory is actually pretty simple. When you sell inventory for zero what you have is a situation where your sales are zero and your inventory is then transferred at cost from the Balance Sheet Account “Inventory” to the Profit and Loss Account “Cost of Goods Sold”. When you donate inventory you essentially sell it for 0. It means they are giving back and helping others and I love that. So I love when clients ask me how to account for donated inventory. If we don’t give back as much as we can then the success is literally wasted on us. The more successful we become the more important it is to give back and help others to achieve success.
I have always felt that it is important to give back.
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