Join Joe Woodard and Murph as they discuss how you can "Determine an Accurate Cash Position in QuickBooks" for you clients on March 11 at 1:00 and 6:00 Eastern times. This is one part of a monthly technical in depth series on the intricacies of using QuickBooks to better serve your clients.
Determining an accurate cash position in QuickBooks can be trickier than you think – if you consider that Undeposited Funds is a separate account, that your clients are probably not managing Undeposited Funds accurately, that your clients have probably forced at least one bank reconciliation in the last 6 months, that processing voided checks still confuses many QuickBooks users and, in our own experience, bank accounts are often cluttered with very old un-cleared transactions.
This webinar walks you through the process of analyzing and quickly correcting cash position in your client’s QuickBooks Desktop files.
In this webinar we will cover:
- Analysis Processes for Cash Position. Quickly figure out if cash position is incorrect and, if so, why it is incorrect
- Correction Processes for Cash Position. Expedite the process of correcting the cash position in QuickBooks
- Adjusting entries and other reporting options for income tax preparation and GAAP compliant financial reporting
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