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Hi, thanks for the video. Is there a problem if I did invoices and receipts for every sale and now I realize(thanks to ur video) I don't need to create invoices. Can I just keep doing sales receipts from now on or should I go and delete all those invoices.
Thanks@@BookkeepingExpert for ur reply. One more question, Im not sure how to input the fees of the payment gateway like stripe/paypal/creditcard. Do I need to do it one by one or I can do a monthly sum. The deposit in the bank will not match the sale invoice. And sometimes I even get the payment the next month. sorry for the long question. I couldn't find a video on that.
I have a question a owner operator gets a llc if he's the owner and driver and gets into a accident the llc is no protection for business or personal thanks
Do you find that a majority of your clients are cash basis or accrual? I understand the need for accrual but I feel like cash basis is just so much easier lol
![[4-Step Checklist] My Proven Process for Onboarding Bookkeeping Clients](http://i.ytimg.com/vi/K-WkDnmV7-0/mqdefault.jpg)
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Very helpful -- just what I needed know on the ARs, especially processing payment/deposits. Thanks.
Glad it was helpful!
lol...the honesty...if this freaks you out - hire a professional... Great videos! Thank you!
I appreciate that!
Great videos as always
Thanks again!
very informative video for A/R and A/P. Thank you so much
Glad it was helpful!
Informative videos 🎉🎉
Glad you like them!
Thank you sir❤️
You're welcome!
How do you track AR and AP if it doesn’t show up in bank transactions does your client just lyk
Clients will email me every time there is a new bill or invoice.
Do you recommend virtual address? Or use home address?
I used my home address
Do you have a quick book system to use to practice personally?
Yes, you can set up a QBO account for a free 30-day trial
Hi, thanks for the video. Is there a problem if I did invoices and receipts for every sale and now I realize(thanks to ur video) I don't need to create invoices. Can I just keep doing sales receipts from now on or should I go and delete all those invoices.
You can keep the invoices. Just make sure you close them and match the bank deposits.
Thanks@@BookkeepingExpert for ur reply. One more question, Im not sure how to input the fees of the payment gateway like stripe/paypal/creditcard. Do I need to do it one by one or I can do a monthly sum. The deposit in the bank will not match the sale invoice. And sometimes I even get the payment the next month. sorry for the long question. I couldn't find a video on that.
can you help me regarding VAT calculation in QuickBooks. Is there any video for VAT calculation from your side?
VAT is not used in the USA. Sorry!
Do you do TAX INCOME for S Corp, C Corp???
I do not do taxes
I have a question a owner operator gets a llc if he's the owner and driver and gets into a accident the llc is no protection for business or personal thanks
I'm not sure! Definitely ask your attorney
Do you find that a majority of your clients are cash basis or accrual? I understand the need for accrual but I feel like cash basis is just so much easier lol
Cash