Accountant Forums

When a client sends some of what you requested, how do you currently determine what is still genuinely outstanding? Does your software work that out automatically, or does someone manually compare what was expected with what arrived

When a client sends some of what you requested, how do you currently determine what is still genuinely outstanding? Does your software work that out automatically, or does someone manually compare what was expected with what arrived

I have starting working for a incorporation which is setup in Jul2025, and they have started with quickbooks 2 weeks back, before that noting is being tracked, but the good part is all the transactions are in credit card statement. and they do not have any receipts, bills or invoice. can I post the transaction which does not have bill? or i need to have receipt? what will happen if i do not have receipt and i post those transaction with 5% GST (alberta)? How to handle this.

I have starting working for a incorporation which is setup in Jul2025, and they have started with quickbooks 2 weeks back, before that noting is being tracked, but the good part is all the transactions are in credit card statement. and they do not have any receipts, bills or invoice. can I post the transaction which does not have bill? or i need to have receipt? what will happen if i do not have receipt and i post those transaction with 5% GST (alberta)? How to handle this.

Good morning everyone I have a problem, now I am not sure if it is me who is wrong, or whether the ACCA is wrong, and I can not find out until the universities open again in Sept. The ACCA question states On the 30th Sept x8 Michelle calculated that she had £580 worth of prepaid insurance for the next 12 months, she recorded the prepayment as follows Dr Prepaid Insurance £580 Dr Insurance Expense £580 Cr Suspense a/c... Prepaid Insurance

Good morning everyone I have a problem, now I am not sure if it is me who is wrong, or whether the ACCA is wrong, and I can not find out until the universities open again in Sept. The ACCA question states On the 30th Sept x8 Michelle calculated that she had £580 worth of prepaid insurance for the next 12 months, she recorded the prepayment as follows Dr Prepaid Insurance £580 Dr Insurance Expense £580 Cr Suspense a/c... Prepaid Insurance

Hello, Some of the upper management in my company are having vendors invoice us in June for work that is being started in July/August because they want the expense to hit this fiscal year. They want me to put this into an expense account, but my head is telling me to be GAAP compliant it would need to be a prepaid expense since the work hasn't started yet. The work being done is some light construction and logo work totaling around 33k. This is a very large company and they are saying they... Expense advice

Hello, Some of the upper management in my company are having vendors invoice us in June for work that is being started in July/August because they want the expense to hit this fiscal year. They want me to put this into an expense account, but my head is telling me to be GAAP compliant it would need to be a prepaid expense since the work hasn't started yet. The work being done is some light construction and logo work totaling around 33k. This is a very large company and they are saying they... Expense advice

Not an accountant, so tell me to get lost if this is the wrong place. Curious about a few things: What takes far more time in your week than someone outside the profession would guess? When the team is at capacity, what gives first? If you could hand one recurring task to a machine tomorrow, what would you pick? Thank you.

Not an accountant, so tell me to get lost if this is the wrong place. Curious about a few things: What takes far more time in your week than someone outside the profession would guess? When the team is at capacity, what gives first? If you could hand one recurring task to a machine tomorrow, what would you pick? Thank you.

Hi, I was wondering either how to manage this issue or an acceptable general method of maintaining a list. We took over the books for a client who has more than 20 years long running book. Equipment and leasehold improvements began since then, depreciation every year. My problem is, I'm not able to tell if equipment or leasehold improvements have been deleted form the book when removed form the business. Until I find that answer I can only assume everything is being left on there and... 571-L Business Property Taxes

Hi, I was wondering either how to manage this issue or an acceptable general method of maintaining a list. We took over the books for a client who has more than 20 years long running book. Equipment and leasehold improvements began since then, depreciation every year. My problem is, I'm not able to tell if equipment or leasehold improvements have been deleted form the book when removed form the business. Until I find that answer I can only assume everything is being left on there and... 571-L Business Property Taxes