Posts in category Bookeeping

Payroll Tips – Handling Missour...

Payroll Tips – Handling Missouri Prevailing Wage Rates by County
Tweet With the implementation of House Bill 34, contractors in Missouri will now pay prevailing wage based on wage rates within each County instead of a prevailing or average rate based on wages paid throughout the state. For contractors in rural area’s working on public works projects within their own county, this could significantly reduce [...]

Putting the “One Click” back into “On...

Putting the “One Click” back into “One Click” Accounting Software
Tweet For small business owners time is one asset that there can never be enough of.  In addition to the day job – the bit that actually brings in the money – there are plenty of little side jobs that can eat into the day.  Sometimes, often in fact, these also eat into the evening and the weekend.  This is a fact that employed friends rarely [...]

Mileage tracking With BizMile Tracker

Mileage tracking With BizMile Tracker
Tweet If you use your car in your job or business and whether you use it regularly or irregularly for that purpose, you may deduct part or the entire cost of its operation (subject to limits – of course). However, if you use the car for both business and personal purposes, you may deduct only the cost of its business use, along with you [...]

Tracking Your Expenses – the Tech-Sav...

Tracking Your Expenses – the Tech-Savvy Way
Tweet It’s a smart idea to track your expenses. It lets you see where your money goes, how you’re spending it and helps you figure out how to most easily cut back. Yet most people find expense-tracking tedious: Keeping all your receipts and diligently recording everything you spent money on – even tiny purchases – is no fun chore. [...]

Keeping Track Of What You Owe with Lo...

Keeping Track Of What You Owe with Loan Manager
Tweet QuickBooks Tip: Unless and until your business is swimming in cash, there will come a time that you have to make a big purchase and *gasp* get a loan.  The horror. So now that you’ve done what you had to do by getting a loan for that big purchase, you have to keep track of it and the balance somehow.  Most loans are amortized – meaning [...]

How To Handle Bounced Checks

Tweet QuickBooks Tip: Admit it.  Bouncing a check is annoying and embarrassing.  The bank charges a fee for every bounce, you rack up the fees and you have to tell people when to re-deposit the check or write them a new one. When you get a rubber check from a customer, it’s just as annoying… if not more so.  In addition to the annoyance and [...]

Ask For Help

Message In Bottle
Tweet It’s such an easy thing to do and yet our pride steps in and makes asking a simple question seem like lifting a 2 ton brick. Can you help me? I love when people ask me for help. It is so flattering. It means they think I actually know something. That’s how MOST people feel when you ask for help. No one is going to bite you, I promise. T [...]

Analytical Review

Financial Review
Tweet At this point we have completed the initial review of the Balance Sheet and Profit and Loss statements in QuickBooks. So now it is a matter of double checking things from a different perspective and as we are more and more convinced that the books are complete, accurate, and fairly reflect the financial position of our company now we ca [...]

Review your QuickBooks File

Tweet - Balance Sheet and P&L Now that you have allowed yourself the time, you can take your time reviewing your Balance Sheet, Profit and Loss, and even your Statement Of Cash Flows In QuickBooks. This is a crucial step in tax planning with QuickBooks so that by the time you turn your books over to your tax professional you know the book [...]

Start Reviewing Your QuickBooks File ...

Clock man time
Tweet The biggest problem we all face when it comes to QuickBooks and tax planning is waiting until the last minute. There are so many obvious reasons why it is better to do it early so let’s focus on one, maybe not so obvious but very important reason. I know many people like to say they function better under pressure and I say that is an [...]

Prepare your own return

L & R Tax Preparation

Tax Preparation, Payroll, and Accounting, Including online services.

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