Month: July 2021

  • Purchase Discount Journal Entry Example

    He has worked as an accountant and consultant for more than 25 years and has built financial models for all types of industries. He has been the CFO or controller of both small and medium sized companies and has run small businesses of his own. He has been a manager and an auditor with Deloitte,…

  • How to Reconcile Payroll Liabilities in QuickBooks Payroll in 6 Easy Steps

    These adjustments will form the basis of the next step in the process β€” actually adjusting the payroll liabilities in QuickBooks Online. Once you determine the transactions that make up the final balance of each payroll liability account, you should assess whether or not the transaction amounts should be there. If it’s a Quarter 1…