When a client did not review the books regularly with an accountant, and the client’s bookkeeping staff has no formal training or any accounting knowledge - the books get messy. As an accountant using QuickBooks 2013, learn about the tools available to sort out a client's messy books.
Accurate accounting and bookkeeping treatment & classifications are foundational to the service you provide your clients. Firm of the Future will highlight information and examples around this topic to keep you up to date.
Learn how to review your client's QuickBooks data to make sure your transaction are in order.
LedgerDoc, Entryless & Scanwriter Accounting Apps will help you get your accounting in the cloud.
Learn important information regarding the Fair Labor Standards Act, and how it may affect your clients.
It's Not Just Salary That Qualifies an Employee as Exempt: What You Need to Know About the FLSA Rules
Misclassifying an employee's status when it comes to the Fair Labor Standards Act can be very costly and damage a business' reputation. See the specific criteria for exempt and nonexempt employees and advise your clients as needed.