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Reports and Accounting
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I am trying to keep track of my gas receipts, tool expenses, etc. I uploaded pictures of all my receipts. Now what? TYIA
Is there a way to customise the TB so I can show Profit and Loss accounts first and in a definite split from Balance sheet accounts? Some softwares have a toggle feature for this.
I have a set of virtual bank accounts set up for each of the two directors which are used to record expenses paid by the individual director throughout the month as an expenses claim. these are then zeroed off at the end of each month by transferring them to a directors loan account. From the directors loan account the expenses are either paid back to the individual or remain in the account recorded as a loan depending on the current cash flow of the business. I recently added another level for to the virtual bank accounts, to add clarity when reporting, going from two hierarchical levels to three. Since the 3rd level was introduced, the undeposited funds are shown under one of the levels for one of the directors. higher up on the balance sheet there is still an empty header for undeposited funds. I have tried verifying and rebuilding the data which hasn't resolved the problem. Can anyone offer some advice?
How do I account for the purchase of Fixed Asset via Hire Purchase loan. e.g Cost of asset €24,500, Finance charge €1,804. Term 48 months. Repaying €548 per month.
Hi, I would like to provide a statement of accounts to one of my clients. Can you do this on quickbooks self employed?
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