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Here is a list of bookkeeping tasks that should be performed every month to help eliminate messy books: Accounts Receivable: Review all open invoices and make sure that payments have been properly applied to invoices that have been paid. Additionally, you should check your bank account to ensure all deposits have cleared the bank.
QuickBooks Money, is a wide-ranging banking solution that includes interest-bearing deposit accounts, payments, and invoicing – essentially a one-stop shop tailored toward B2B transactions. QuickBooks Payments will then manage the back-end actions to ensure the cash is correctly deposited into your account.
It was certainly one of the areas that I struggled with the most while growing my virtualbookkeeping business. Keep reading or click on the video linked below and I’ll share the biggest pricing mistakes that I have made in my bookkeeping business, and the very valuable lessons that I have learned.
Kelly Phillips Erb: [00:00:21] What the bill does is it expands the eligibility for small businesses, meaning those that are under 500 employees to receive loans under the Small Business Act. The way that this- the bill is set up, right now, and again, this is a proposal. This isn't fixed. I do think we're gonna see some kind of check.
I got a deposit from the IRS in my bank account for $32.12, and I thought, oh, no, is this my stimulus payment? I didn't even know- it didn't feel like my refund was any more delayed or less than it has been in previous years, but that's the deposit everybody got. This was for bookkeeping, and payroll, and bill pay.
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