How do I enter my CPA’s ADJUSTING ENTRIES? You gave your Balance Sheet and your Profit & Loss Statement to your CPA to have your tax return prepared. Along with your tax return, your CPA probably sent you a sheet of Adjusting Entries to be entered into your QuickBooks® file. You’ll ask, “How do…

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SURVIVING THE CORONA VIRUS PANDEMIC and how can we help each other? You planned new strategies, advertising and marketing, new products and services for 2020! You set up a budget and cash flow projection for the year! Or perhaps you expected 2020 to be business as usual with continued revenue growth. NOW ALL THAT HAS…

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Journal Entries – What, When, Why and How?   QuickBooks®, for ease of use, has a special form for every type of transaction: Check, Bill, Bill-Credit, Invoice, Credit Memo, Sales Receipt, Paycheck, Credit Memo, Credit Card Charge-Credit, Bank Deposit, and Journal Entry. The advantage of using the forms for the various types of transactions is…

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Our new ONLINE training course is launching by year-end!   Our mission at Fiscal Foundations has always been to “improve the success and success rate of small businesses!” Since 1994, we’ve trained business owners and bookkeeping staff in over 650 local businesses through our onsite consulting services, and several thousand more through our 1500+ member Meetup…

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NEW TRENDS = HIGHER PROFITS + MORE EFFECTIVE BUSINESS MANAGEMENT We just returned from the annual conference, led by the Woodard Group, for the National Advisor Network, the QuickBooks® ProAdvisor group trained and certified by Intuit. Fiscal Foundations, LLC is the leader of the local chapter of ProAdvisors here in Minneapolis/St. Paul. We were fortunate…

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