This workshop has been thoughtfully prepared and recorded – and you can access it immediately. Upon purchase, you’ll receive immediate access to both the online recording and handouts.…
How Much Do We REALLY Owe? How to Double-check Vendors, Banks, & Other Liabilities for Accuracy… + Claim All of Your Related Deductions
Approximately 80 minutes:
- What we want to be able to prove
- Accounts payable:
- How to review Accounts Payable reports
- Checking against vendor statements
- Troubleshooting tips (lots!)
- 2 Primary things to watch out for
- What if actually owe less than what shows in Accounts Payable?
- Should certain payables be posted to accounts other than A/P?
- Fixing issues related to outstanding credits
- Credit cards & retail financing:
- Reconciling credit cards + 4 things to keep an eye on
- Decisions to make when you’ve completed a credit card reconciliation
- Banks & other lending institutions
- Getting the documents and information you’ll need
- Learning how to read the info you receive
- Reconciling the loan account
- Loans vs. Leases
- How loans and leases differ
- Different types of leases
- Determining your interest rate on a lease or a loan
- Loans due to individuals:
- Land contracts
- Owners’ home equity loans
NOTE:
This is one of two reconciliation workshops. You may also want to take a look at:
Trouble-shooting & Reconciling Bank Accounts (& Other Assets) with QuickBooks (4000/Level 2)
If you have a number of bank loans, you may also wish to review:
Bank Deposits, Draws & Loans (2505/Level 1)
$147
… OR …
Get THIS class PLUS
80 More Online Classes for only $197
Covering topics like:
Job-Costing, Construction Accounting, and Profit-Building
