QuickBooksGal: August 2009

NSF Check - How to Record In QuickBooks

Step one:

Company>make journal entry - date it the day or month that the check bounced

· Debit bad debt expense $100.00 (for example)

· Credit checking account $100.00

· Save and close

Step two:

Banking>make deposits

· Deposit to your regular checking account

· Skip "received from" column

· Account should be bad debt expense

· Memo that you are depositing a replacement check

· Enter the amount

· Save & close or print as usual

This will increase bad debt expense when you make the journal entry and decrease cash in bank

Then when you make the deposit of replacement check it will zero out the bad debt expense and put the money back into your checking account

Track Mileage For Your Tax Records

You and clients can use Google Maps and the iPhone's GPS to keep detailed records of driving trips for your tax records.

This iPhone App makes it easier than ever to keep detailed records of driving mileage. Tap2Track Mileage lets you or clients document mileage for correct, solid, and defensible tax time deductions.

It's Cheap. Best of all, the App currently sells for $3.99 and is intended to be upwards compatible..

The product provides three options:

* Automatic. We'll calculate your mileage automatically using GPS.

* Manual. Enter or adjust trip mileage manually.

* Copy. Duplicate frequent trips and recent locations.

Keep the IRS Happy. At tax time clients can email you a fully complete, IRS-friendly mileage log in CSV/Excel format from their iPhone.

Next Step: Learn more here. http://www.tap2track.com/

Labels: tracking expenses

Add It Up Bookkeeping - Reno's Bookkeeper

The QuickBooks Gal - We Do Books!

We're your partner!
One flat weekly or monthly fee covers it all!

FREE Pickup and Delivery Service
(Available for Qualified Accounts)

Business Owners

Are you working late nights & weekends just trying to keep up with your books?
Do you miss out on family time because you are balancing your checkbook or trying to track your expenses?
Do you find you are spending more time tracking your money instead of MAKING MONEY?
Do you know what your company is worth at any given moment?
Do you struggle with invoicing, paying your bills, getting through state & federal forms?
Has payroll become a monster that needs to be tamed?
Do you need someone to track receivables and pay bills?
If you have a home-based office?
Do you need a central location where your employees can go to complete payroll forms or pick up their paychecks?
Do you need a full charge bookkeeping, payroll and human resources partner?
Do you struggle with insurance and benefits?
Would you like to find a "pay as you go" solution to Workman's Comp?

If you can answer YES to any of these questions
and you don't want to hire a bookkeeping and human relations staff,
then call us at

Add It Up Bookkeeping
775-348-6600

We're your partner!
One flat weekly or monthly fee covers it all!

FREE Pickup and Delivery Service
(Available for Qualified Accounts)

Bookkeeping

Transaction Recording
Detail Records
Financial Reporting
Credit Card and Checking Account Reconciliation

Accounts Receivable

Billing
Invoices
Statements
Collections (additional fees may apply)

Accounts Payable

Record & schedule bills for timely payment
Pay bills & prepare checks for delivery or pick up - client signs & mails
Check Signing available - additional fee
Provide file copies of all paid invoices & corresponding checks
Security Control - We print your checks here on an "as needed" basis. No blank checks left around the office for employees or others to compromise, forge , or steal.

Payroll

Weekly, Bi-Weekly, Semi-Monthly, Monthly
Direct Deposit
Pay as You Go Workman's Comp (some restrictions may apply)
Social Security Number Verification
Payroll Records Management
Quarterly, Annual, On-Demand Reporting
W-2, 1099 Processing
Payroll Audit Support
We'll provide an Employee Paycheck Pick Up Desk
Real Security - Payroll checks do not process through your bank account - your operating account is not at risk of theft or forgery. We require that you open a "dedicated" checking account for Payroll & we create the checks - you just transfer funds the day before payroll - only the amount of your payroll disbursement is at risk. We create your checks in our office as needed - no blank checks to guard or lose.

Notary Public

Need a notary? We have a notary public on staff.
Free to our clients.

Human Resources Support

List job openings - we'll create your help-wanted ad & submit to your specified publications & websites
We provide a secure "secret" email address for applicants...your Inbox will not be flooded with candidates
We'll collect resumes & screen applicants - you just get just the ones that fit your needs
We'll check references
We can "pre-interview" applicants and provide interview notes to you
Schedule interviews with you from your qualified applicants

Shoebox to Computer

Have you been busy running your business and find yourself with a box of receipts & records? We'll create a bookkeeping file for you in QuickBooks.
Then, we will either continue to do your books or we'll create a training session designed just for you and your company...we'll teach you how to keep up your bookkeeping.
You can bring a backup to us monthly, quarterly or once a year for a "bookkeeping check-up" to be sure you are staying on track.

Shoebox Support Service