Accounting & Bookkeeping
1. Setting up new QuickBooks files: Creating new company files, setting up charts of accounts, and configuring company settings.
2. Data entry: Entering transactions, such as invoices, bills, and journal entries, into QuickBooks.
3. Reconciliations: Reconciling bank and credit card statements to ensure accuracy and detect any discrepancies.
4. Accounts payable management: Managing vendor invoices, payments, and credits.
5. Accounts receivable management: Managing customer invoices, payments, and credits.
6. Payroll processing: Processing payroll, including calculating taxes, deductions, and benefits.
7. Financial statement preparation: Preparing balance sheets, income statements, and cash flow statements.
8. Budgeting and forecasting: Creating and managing budgets, as well as forecasting future financial performance.
9. Account analysis: Analyzing account balances, transactions, and trends to identify areas for improvement.
10. Journal entry preparation: Preparing and posting journal entries to record non-standard transactions.
11. Depreciation and amortization: Calculating and recording depreciation and amortization of assets.
12. Inventory management: Managing inventory levels, tracking inventory movements, and calculating inventory costs.
13. Job costing: Tracking costs and revenues for specific jobs or projects.
14. Time tracking: Tracking employee time and labor costs for job costing and payroll purposes.
15. Sales tax management: Managing sales tax rates, exemptions, and payments.
16. Vendor management: Managing vendor information, including contact details and payment terms.
17. Customer management: Managing customer information, including contact details and payment terms.
18. Bank and credit card account management: Managing bank and credit card accounts, including reconciliations and payments.
19. Loan and debt management: Managing loans and debt, including payments and interest calculations.
20. Asset management: Managing assets, including purchases, sales, and depreciation.
21. Liability management: Managing liabilities, including accounts payable and loans.
22. Equity management: Managing equity, including owner investments and distributions.
23. Financial reporting: Preparing and distributing financial reports, such as balance sheets and income statements.
24. Compliance and audit support: Assisting with audits and ensuring compliance with accounting standards and regulations.
25. QuickBooks troubleshooting: Troubleshooting QuickBooks issues, such as errors and data corruption.
26. QuickBooks training: Providing training and support to QuickBooks users.
27. Data migration: Migrating data from other accounting systems to QuickBooks.
28. Customizing QuickBooks: Customizing QuickBooks to meet specific business needs, including creating custom reports and workflows.
29. Integrating with other systems: Integrating QuickBooks with other business systems, such as CRM and ERP systems.
30. Providing financial insights: Analyzing financial data and providing insights and recommendations to business owners and managers.
