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How to use Quickbooks in a cash basis business93

How to use Quickbooks in a cash basis business

While there are advantages and disadvantages to both, cash basis is often easier for a small businessperson to understand: you record income for taxing authorities when you actually receive or pay out money. With accrual basis, you'd usually record income when you create an invoice, even though your customer has not paid that bill yet, and you would record an expense when you receive bills from suppliers and others, even though you had not actually paid those yet.

6 comments    quickbooks accounts receivable
Before You Start Quickbooks, Learn the Importance of the General Ledger88

Before You Start Quickbooks, Learn the Importance of the General Ledger

This is must reading for anyone who is going to start using Quickbooks or who has used it and really doesn't understand what it does.

1 comment    account bookkeeping reports
Should I Lease or Buy a Car?87

Should I Lease or Buy a Car?

A dilemma for several people is determining if they should buy or lease a car. The answer to buying or leasing a car really depends on the individual and the financial position they are in. When you lease a car, you are financing the use of a...

1 comment    car credit hubchallenge
Retire in Bend, Oregon89

Retire in Bend, Oregon

Among top retirements cities in the United States is Bend, Oregon. This town is in the high desert of Central Oregon and offers many recreational pursuits and tax benefits.

70 comments    retirement central oregon
California's Failed Economy: Ten Reasons Why It's Time to Leave88

California's Failed Economy: Ten Reasons Why It's Time to Leave

California is quickly going the way of Greece, Portugal, and other European Countries in economic collapse. Ten major reasons for California's rapid decline are listed below. These problems are not being adequately addressed by State or Federal...

5 comments    california california economy
Why the Fair Tax is Unfair for America, Part 278

Why the Fair Tax is Unfair for America, Part 2

The fair tax is a popular tax system that individuals would like to take the place of our current U.S. tax structure. However, the fair tax is really not the best solution for the United States. Part 2 of 4.

5 comments    tax fair tax tax code
999; How does it work?77

999; How does it work?

Herman Cain's 999 plan. Could it work? Could it pass? How will affect people in this country? how would it affect the poor? How would it affect the rich? How would it affect the average American?

12 comments    income government tax
2011 Discretionary Sales Surtax Rates for Florida Counties79

2011 Discretionary Sales Surtax Rates for Florida Counties

The state tax rate for the state ofFloridais 6%, with the option for individual counties in Florida to impose an additional tax called discretionary surtax. For example: Alachua county has a surtax rate of...

0 comments    contest florida rosa surtax
Amazon.com: Reaction of an Ex Affilliate from California.79

Amazon.com: Reaction of an Ex Affilliate from California.

What happened when Amazon pilled the plug on 1 associate in California.

6 comments    amazon california jerry brown
Value Added Tax....Is The American Dream Over?75

Value Added Tax....Is The American Dream Over?

The Value Added Tax is coming for all of us. It is only a matter of time.

12 comments    finance america government
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