My client has QBO advanced and I have to set up depreciation. Generally, I either create a spreadsheet to attach to the monthly journal entry or set up a recurring transaction. I was hoping for your impression of how QBO calculates and posts depreciation. Thanks
American industry has a definite disadvantage in competing with foreign competitors because they are expected to pay for health insurance of their employees. George W Bush actually added tariffs to Canadian lumber because Canada has a universal health care system.
I am an old (old, old old) conservative and I am shocked at the fiscal irresponsibility "the right" seems to show these days. I and, by extension, my immediate family, found themselves saddled with too much debt several times over my life. My solution was to work more hours. Either at my primary job, if possible, or at a second job, if necessary. I never considered cutting food, education, or security for my family.
We live in an country with the lowest income taxes in the world. Our debt is $38.91 trillion. Divide that by 160 million filers = ~$243,000 per taxpayer. It is time to create a separate surtax to actually address the debt. I do not care who is responsible for it. I want to see an intelligent plan to address it.
I thought I would share this and I hope others will share how they are using AI. I have a client who uses Quickbooks. They have not filed taxes for mutliple years and need to catch up. I downloaded their Statements of Financial Activity & Position then had AI map every category on the statements to the appropriate line on pages 11 and 12 for revenues and expenditures. AI even put them in the proper order so it made filling out the tax software very easy.
I saved the instructions and will repeart for the other years.
How are you using AI?
This is something of a continuation to a post I did a few months ago. Like all posts, we learn how to phrase the question better after getting some responses so I would like to ask this again.
I realized I have an old iPad I could donate to our organization. We need an app to register participants in events and we need to register new members. We sometimes have events where thers is no internet access and no power so an offline app is mandatory. We just need to create a CSV file and will migrate to the Google Sheet when we can access the internet. Lots of our events are in parks or a church where we do not have access to internet so it has to be stand alone.
Sign Up Anywhere was suggested to resolve this. It allows one form with 5 fields for the free version. I am wondering if anyone has had any experience with it. Also, if there is another app out there.
I am the board treasurer of a new nonprofit and I want to ask how other treasurers receive notice of spending authorizations. I want to create a single source of truth on authorizations. I think of it as a log dedicated to this.
Do you just refer back to the meeting minutes or do you get some sort of notification?