Our Quickbooks Beginner Course video helps make small business accounting easy. It will help you to Set up the program Organize your finances Help you reduce your expenses Organize key Financial Reports Help with your payroll Be ready at Tax Time Whether you are using Quick Books, Quickbooks 2011, Quickbooks Pro, Quickbooks for Mac, Quickbooks Premier, Quickbooks 2010, or Quickbooks Enterprise our tutorial can help. It's the best HOW TO QUICKBOOKS Course of its kind!
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Accruals and cash basis accounting are necessary but incredibly confusing concepts to most. The only major difference between cash and accrual basis accounting is a timing difference. The basis upon which your accounting is performed has everything to do with when we recognize sales to be income and bills to be expenses. If we are able to legally postpone the recognition of income or legally speed up the recognition of expenses, then it will be much easier to control your income and legally reduce your income taxes. This is the basis of year end tax planning, the legal process of balance sheet treatments which can either potentially increase or decrease your income or tax plan in a given tax year.