It's easy for an owner to disregard some of the small mistakes made with their bookkeeping. It's understandable; short on time, deliverability of products or services to clients feels more important, and it can be difficult to keep QuickBooks straight.
Most of the common bookkeeping mistakes are pretty easy to avoid, and just as easy to set up the right way within QuickBooks. These changes will save both time and money, especially during the annual tax-time visit to the CPA.
Some of these changes seem like a pain, however, it will make more sense to make these adjustments to ensure proper financial tracking, and most importantly, that the bank statements match the books.
For any other questions concerning QuickBooks, or if your business is struggling due to lack of proper financial information, schedule a call. We want to help your business grow.