Petty Cash Questions 
Petty Cash Questions - Ask a question or share your expertise about petty cash

Work Questions 
Work Questions, Ask and answer questions about work.

Customer Questions 
Customer Questions, Ask and answer questions about customers here.

Gas Questions 
Gas Questions, Find or ask questions about gas receipts and expenses.

Managing Vendor discounts 
Hi
I am wondering what is the correct way to manage discounts I get from Vendors. They are flat rate discounts which vary from product to product.

I ...

Vehicle Questions 
Vehicle Questions, The place to go for answers to your questions about your company vehicle, entries for the purchase of a new vehicle, vehicle trades and vehicle payments.

Suspense Account Questions 
Suspense Account Questions - Ask, answer or comment on questions about suspense or clearing accounts.

Company Start-Up Questions 
Find company start-up questions to start a set of books for a new business

Payroll Questions 
Payroll Questions - Find out what you need to know about payroll services and verifying a payroll client.

What Are Prototypes And Product Creation 
What are prototypes, design and development of a product categorized as?

LLC Questions 
LLC Questions, Ask or answer questions about LLC Corporations

Equity Questions 
Equity Questions, Find out what you need to know about owner's equity here.

Cost of Goods Sold Questions 
Cost of Goods Sold Questions, Find out more about cost of sales and cost of goods sold otherwise known as COGS.

Tax Questions 
Tax Questions, Get answers to your tax questions regarding sales taxes, VAT, estimated taxes paid, real estate taxes, etc..

Asset Questions 
Asset Questions, Find out what you need to know about assets.

Reimbursement, Employee to Employer  Not rated yet
We bought cell phones for some of our Employees, to be used for both business and personal use. Employee is responsable for an agreed upon portion of the ...

Merchant Credit Card Fees  Not rated yet
When I receive a credit card payment of, lets say, $100. But the merchant credit card company only deposits into my account $97.50 due to deducting $2....

Investing In Construction Company In Panama.  Not rated yet
Good day, I would like to recieve some information regarding my question, please.
My incorporation just finished the prosess of refinancing, and because ...

Year End Rollover  Not rated yet
What happens when a end of year rollover is done in an accounting package?

Income Tax  Not rated yet
I just turned 18. I've been living with my boyfriend. Can he claim me on his income tax?

Journal Entry For Redemption Of Product Certificate  Not rated yet
I am self-employed and work on commission as a distributor. Booking that commission is straight forward. My question is: They also issue product certificates ...

Meaning Of Bookeeping Debits and Credits  Not rated yet
What is debit and credit?

Gas Receipts and Lunch Receipts  Not rated yet
Hi, Example I keep my gas receipts for the month. I keep my client lunch receipts for the month.
I have to submit HST taxes quarterly in Ontario Canada....

Banking Fees  Not rated yet
I am the volunteer treasurer for my church. At the beginning of each month the bank statement shows the account fees for the activity of the previous ...

General Ledger  Not rated yet
When an owner buys goods or services with their personal money with the intention of being re-paid later, how is this shown on a general ledger? In addition ...

Salary Credited or Debited?  Not rated yet
Is salary debited or credited?

Thank you for your question about salaries. The salaries account for amounts paid to employees typically carries a ...

S Corp Questions  Not rated yet
S Corp Questions, The place to go when you have a question about S Corporations

Cash Questions 
Cash Questions, Get your questions about cash answered here.

Paycheck Withholding  Not rated yet
We formed a small family partnership to handle our parent's finances and care. In 2010 we issued only 2 payroll checks and withheld all of the payroll ...

Insurance Questions  Not rated yet
Insurance Questions, Ask or answers insurance questions pertaining to insurance claims, insurance reimbursements, life insurance and more.

Depreciation Questions  Not rated yet
Depreciation Questions, Find out what you need to know about depreciation of assets.

Taxation Laws for BAS Agents  Not rated yet
What are the taxation laws apply to a bookkeeper who is working as a BAS service provider?

Reporting Prize Incentive Earnings  Not rated yet
I am trying to prepare my 1099's in Quickbooks and I need to include the value of the prizes/awards that my vendors received.

Should I use a journal ...

Equipment Questions  Not rated yet
Equipment Questions, Ask any question you have with regards to property plant and equipment.

Owner Questions  Not rated yet
Owner Questions, Get your questions about owners answered here.

Accrual Basis Questions 
Accrual Basis Questions - Ask, comment or answer questions about accrual basis bookkeeping.

Trusts  Not rated yet
We have set up a trust for a retarded child. We are not using the money out of it for her yet - it is just in the bank collecting interest. I am told ...

Loan Questions 
Loan Questions, Ask questions and get answers on loans and lending.

Company Questions  Not rated yet
Company Questions, Ask your company questions here.

Mortgage Questions  Not rated yet
Mortgage Questions, Ask or answer questions pertaining to mortgage payments, mortgage liability or any other question you may have about mortgages.

Gift Certificate Questions 
Gift Certificate Questions, Get your gift certificate questions answered here.

Chapter Journal Questions  Not rated yet
Chapter Journal Questions, Ask questions from books for examples on how to journal

Trade Questions  Not rated yet
Trade Questions, Ask any question you have about trading such as trade in computer or trade in car for example.

Register Is Off  Not rated yet
The register in my account is off. It shows I have a negative balance, however I can reconcile every month. How do I fix the register to show the correct ...

From Chapter Bill of Exchange  Not rated yet
Manish accepted a bill of Rs.40,000 drawn by Krishna at 3 months.
Krishna got the bill discounted with his bank for Rs.39,000.
Before the due date, Manish ...

Financial Report  Not rated yet
Hi,
The opening balance for the period + the income from the P & L minus the expenses on the P & L does not equal the ending balance in the GL. What ...

Unbilled Suppliers Orders  Not rated yet
I receieved invoices dating back July 2008 from one of my suppliers for unbilled orders I placed with him.
The total of all the invoices come to approximately ...

VAT Questions 
VAT Questions, Ask and answer questions pertaining to VAT.

Quick School Question  Not rated yet
On August 4, Sanders provides services to Frederickson for $5,000, terms 3/10, n/30. Frederickson pays for the services on August 12. What amount would ...

Sales Questions  Not rated yet
Sales Questions - Get answers about cash sales and sales journal entries here.

Ledger  Not rated yet
If a firm purchases office equipment which account should record the purcase the purchase account? Or do you make a office equipment account?

Invoice Questions  Not rated yet
Invoice Questions, Find out about invoicing and invoice discounts.

Revenue Account Questions 
The Revenue Account Questions page is where you can find information regarding income and revenue.

Deposit Questions  Not rated yet
Deposit Questions, Get your questions about deposits answered here.

Donation Questions  Not rated yet
Donation Questions, Ask any questions you have about donations or services you have donated.

Sole Proprietor Questions 
Sole Proprietor Questions, Get your sole proprietor questions answered here.

Miscellaneous Questions 
Miscellaneous Questions, Can't find a category that fits your question? Ask it here.

Transaction Questions  Not rated yet
Transaction Questions, Ask or help answer questions regarding to account transactions.

General Ledger Questions  Not rated yet
The General Ledger Questions will help you with general ledger adjustments and other miscellaneous general ledger account issues.

Purchase Questions  Not rated yet
Purchase Questions, Ask purchase questions here such as stock purchases and purchasing a business

Closing Questions  Not rated yet
Closing Questions, The place to ask questions about closing books.

Income Tax Questions  Not rated yet
Income Tax Questions, Ask your income tax questions here or answer a question about income taxes.

Stock Questions  Not rated yet
Stock Questions, This is where you can ask and answer questions about stock.

Partner Questions  Not rated yet
Partner Questions, The place to go to ask questions about business partners.

Freight Questions  Not rated yet
Freight Questions, Ask your questions pertaining to freight charges.

Bank Account Questions 
Bank Account Questions - Ask or answer questions about bank accounts and reconciliations.

Want to Claim for a House   Not rated yet
My husband is unemployed since one and half year we have one son n we live in my mother in low's house we have no property now she want us to be out from ...

Percentage Questions  Not rated yet
Percentage Questions, Get your questions about percentages answered here.

PREPARE FOR END OF FISCAL YEAR  Not rated yet
We have a new Treasurer bookkeeper and I am a new president of a small 501c3 non-profit. This clause shown below is in our bylaws and It seems the past ...

Money Questions 
Money Questions, Get your questions answered with regards to money.

Budget Questions  Not rated yet
Budget Questions, This is where you can ask your questions about budgets or budgeting.

What Would Be Debit in the Case Given Below   Not rated yet
Let off the part of the premises receiving rent by checque $75

Bookkeeper Questions 
Bookkeeper Questions, Ask questions pertaining to bookkeepers here.

Clean Up Questions  Not rated yet
Clean Up Questions, Find out more about cleaning up the books.

Workers Compensation  Not rated yet
I have a client and the employer takes a percentage of his income weekly for workers compensation. Do I report it?

Inventory Questions  Not rated yet
Inventory Questions - Get answers to your inventory questions here.

Account Questions 
Account Questions, Find out what you need to know about different accounts.

Refund Questions 
Refund Questions, This is where you can ask or answer all of your refund questions..

Fee Questions  Not rated yet
Fee Questions, Ask and answer questions pertaining to fees such as mortgage and late fees.

Handling A SEP IRA Contribution?  Not rated yet
SEP IRAs retirement plans similar to 401Ks except that the company makes 100% of the contributions. There are numerous requirements that are well documented ...

Double Entry Questions  Not rated yet
Double Entry Questions, Learn more about the double entry format.

Personal Questions 
Personal Questions is where you can ask questions and get answers about how to treat personal property and transactions such as personal laptops and personal donations.

Posting Questions 
The Posting Questions page is where you can read and help answer questions about making journal entries and which accounts should be posted to.

Credit Card Questions  Not rated yet
Credit Card Questions, credit card charges, credit card fees

Rent Questions 
Rent Questions, Find out what you need to know about rent expenses.

Property Management Escrows  Not rated yet
A homeowner buying on land contract who is paying water directly was delinquent and water amount went to taxes.

Can we take the amount paid by land ...

Check Questions 
Check Questions, Get your questions answered pertaining to checks.

Transfer Questions 
Transfer Questions, Ask and answer questions about transfers here.

Unanswered Bookkeeping Questions 
Unanswered Bookkeeping Questions, please help and share your expertise on Bookkeeping here.

HST Questions 
HST Questions, Find out more about HST or ask and answer a question.

Networks  Not rated yet
What is a network? And components of a network?

Quickbooks Questions  Not rated yet
Quickbooks Questions, Ask and help answer questions pertaining to the Quick books software.

Wrong Form of the Social Security  Not rated yet
There are 2 business and I have been doing my income tax by a bookkeeper. The other business went with another accountant and he said that he had found ...

Classify Questions 
Classify Questions, Ask questions about the classification of transactions.

Credit Questions 
Credit Questions, Get your credit questions answered here.

More Bookkeeping Questions 
More Bookkeeping Questions, Find more miscellaneous questions about here.

Labor Questions  Not rated yet
Labor Questions, Get your questions about labor answered here.

Over/Under Billing  Not rated yet
How do you book over/under billing for WIP on Profit and Loss.

Expense Questions 
Expense Questions, Ask or answer questions pertaining to expenses.

What Is The Proper Way To Itemize This Scenerio?  Not rated yet
What is the proper way to itemize this scenerio?

Company I am helping is a middle man for title company and County court houses.

He receives money ...

Business Questions 
Business Questios, This is where you can ask all of your questions pertiaining to business.

Rebate Questions  Not rated yet
Rebate Questions, Ask any questions you have about rebates here.

Life Insurance Questions  Not rated yet
Life Insurance Questions, Find out what you need to know about life insurance policy's and life insurance entries.

Sage 50  Not rated yet
In sage 50, where do i find the suppliers payment wizzard, and which box on the suppliers window do i bring the payment wizzard up.

also i would like ...

Correction Questions 
Correction Questions, Find out how the correct procedures and how to correct entries.

suppliers wizzard  Not rated yet
Hi.
Could you please tell me where i can find the suppliers payment wizzard, on the suppliers list, thank you.

Service Questions  Not rated yet
Service Questions, Ask or answer questions pertaining to the service industry.

Journal Questions 
Journal Questions, Have a general journal question? Ask it here!

Help Answer Questions  Not rated yet
Help Answer Questions, Share Your Expertise and Help with Unanswered Questions here

Trial Balance Questions  Not rated yet
Trial Balance Questions, This is where you can ask trial balance questions.

Lease Questions  Not rated yet
Lease Questions, Learn about leased assets and leased equipment bookkeeping entries.

Retainer Questions  Not rated yet
Retainer Questions, Find out how to record retainer fees here.

Foreign Currencies  Not rated yet
I have a new client who deals in US $ and does not need to exchange into CAD $ as he pays his expenses, salaries etc all in US $ .

I am writng from ...

Entering Questions  Not rated yet
Entering Questions, Ask your questions about entering transactions here.

Website Business Questions  Not rated yet
Website Business Questions, Learn about what kind of bookkeeping format or system should be used for your website business.

Underpayment Penalty  Not rated yet
A taxpayer may owe an underpayment penalty for what?

Hi,

Thanks for your question,

A taxpayer may owe an underpayment penalty when he/she is ...

Receipt Questions 
Receipt Questions, Get your questions about receipts answered here.

Balancing Questions  Not rated yet
Balancing Questions, This is the place to ask questions do with subjects such as balancing at year end and balancing daily receipts.

Prepaid Questions  Not rated yet
Prepaid Questions, Learn how to account for prepaid expenses such as pre paid rent and prepaid estimated taxes.

Salary Questions  Not rated yet
Salary Questions, Find out the meanings of salary, category for salary and more.

GST Questions 
GST Questions - Ask a question or share your expertise about GST.

Payment Questions 
Payment Questions, This is the place to ask all your payment questions such as credit card payments, bond payments, remittance payments and estimated tax payments.

Bad Debt Questions  Not rated yet
Bad Debt Questions, Learn what you need to know about bad debts.

Employee Questions  Not rated yet
Employee Questions, Ask and answer questions about employees here.

Capital Account Questions 
Capital Account Questions - View, ask or comment on questions about the capital account

Funding Questions 
Funding Questions, Find out what you need to know about funding.

Write Off Questions  Not rated yet
Write Off Quetions, Find out how to post write offs such as how to write off creditors and write-off petty cash.

Business Startup Questions  Not rated yet
Business Startup Questions, Find out how to separate business and personal transactions along with how to record business startup transactions.

Corporate Questions  Not rated yet
The Corporate Questions page is a place where you can view, ask or answer questions all about corporations.

Accounting Questions 
Have an accounting question? You can ask or answer accounting questions here.

Liability Account Questions 
Liability Account Questons - Ask, answer or comment on questions about liability accounts.