Your accountant must have QuickBooks Online Accountant to access your books. If they don’t already have it, visit QuickBooks Online Accountant so that you can send your accountant the QuickBooks Online Accountant sign-up link that lets them register for free. Your accountant can share their access with other bookkeepers in their firm, so there’s no … Continue reading How to set up QuickBooks Desktop to work from home →

The payee will in turn reinstate the liability amount owed to it by Company X. In essence Company X did not eliminate its liability to the payee by issuing a worthless check. Take the example of writing a $115 check with $100 in your bank account. A $15 account balance will be left on your … Continue reading Should there be negative cash on the balance sheet? →

The brewery probably buys T-shirts, hats, glassware, and so on from a supplier, and sells them on the premises. This is pretty much guaranteed profit, so it makes sense to set up a separate profit center to track it in the accounting system. The labs’ work allowed Donna Kennedy to bury her cousin, Cpl. Charles … Continue reading Brewery Accounting 101: A Practical Guide for Owners and Operators →