Best way to enter confusing loan balance and payments to QBO?

So I have a small card/game shop for a client. Im doing 2 years worth of catchup and its been a massive headache to say the least. Client took a 10k loan from Square in April to be paid back within 120 days. Payment comes directly from a percentage of their sales and is taken out before the remainder is deposited to their bank. A monthly minimum is charged if they don't meet it with the sales percentage thing. Client does not keep any receipts. Their only record of transactions is what Square gives them, which they will not share with me. I am entirely reliant on the bank feed and bank statements, and whatever information they occasionally pass my way days or weeks after I ask for it.

Anyway. How would you go about entering the loan payments? Try to calculate actual sales from the deposit amounts and enter as bank deposits? Just one journal entry updating the amount paid to date? Something else?

Thanks.

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u/rosyboys_daisygirls — 4 days ago

What can I make with a ton of peaches?

Someone gave me 15 pounds of peaches today so I need to figure out what to do with them.

In addition to the peaches, I have the following, organized by categories:

Baking: Flour, white sugar (granulated and powdered), brown sugar (granulated), baking powder, baking soda, cocoa powder, walnuts, pecans, slivered almonds, chocolate chips, brownie mix, corn starch, gelatine, pancake mix, cream of tartar, vanilla extract, honey, hot honey, simple syrup

Spices: Iodized table salt, coarse sea salt, celery salt, black peppercorns, ground white pepper, garlic powder, onion powder, crushed red pepper, lemon pepper, tajin, sesame seeds, cumin, cinnamon (ground and sticks), nutmeg, cloves (ground and whole), ground ginger, italian seasoning, basil, oregeno, freeze dried dill, chili powder, bay leaves, chicken bouillon

Oils, dressings, condiments: Rice wine vinegar, white vinegar, basalmic vinegar, vegetable oil, olive oil, sesame oil, mayo, ketchup, bbq sauce, yellow mustard, worcestor sauce, hoisin sauce, sour cream, peanut butter, grape jelly, relish, soy sauce, jarred apricot preserves

Grains: Sandwich bread (white and whole wheat), cream of wheat, oats, corn meal, bread crumbs, white rice, grape nuts, macaroni, grits, rice noodles

Meats: ground turkey, frozen hamburger patties, freezer burned chicken thighs, salt packed anchovies, sliced sandwich ham, canned chicken breast, canned tuna

Fridge: Eggs, whole milk, whipping cream, unsalted butter, lime juice, lemon juice, red miso paste, vanilla yogurt, sliced provolone, shredded cheese mix (medium cheddar and monterey)

Produce: Garlic, white onions, peaches,

Other: instant mashed potatoes, red lobster cheese biscuit mix, assorted hamburger helpers, refried beans, black beans, sweet peas, garbanzo beans, kidney beans, canned chili, various dried lentils, dried pinto beans, dried chickpeas, dried black beans, pineapple chunks, pancake syrup, manwich sloppy joe cans, saltines, dried seaweed

cooking alcohols: cabernet sauvignon, pinot noir, sake

I have no issue going to the store for more ingredients :) Im really focused on these peaches but Ill take recipes for anything else too. Thanks!

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u/rosyboys_daisygirls — 8 days ago
▲ 6 r/tax

IRS- "Thank you for your inquiry of April 13, 2026..." I dont recall making an inquiry.

I received a letter from the IRS saying, essentially, "thank you for your inquiry, we're working on it and need another 60 days to send a response." I dont recall sending any inquiry. Only thing I can think of is that I called in April to ask what to do about an incorrect W2. They wound up sending a form in the mail for me to use when I filed my 1040. Other than that though I have no idea what they're talking about. Any ideas??

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u/rosyboys_daisygirls — 15 days ago

1st week homeschooling - thoughts

We just finished our first week, so I just wanted to share how it went (and this post could serve as a sort of journal entry for me to look back on :) )

​

Kiddo just finished 1st grade in public school, but we decided to homeschool him because the school is allowing him to skate instead of challenging him, and because we felt he would benefit from 1-1 instruction. We're using Logic of English Foundations B, Math With Confidence 2nd Grade, and Blossom and Root level 1 for science and additional reading. Im building a social studies curriculum myself, with a focus on civics. We decided to school year-round so we can avoid the loss of learning that kids experience during long breaks and have the freedom to take short breaks when we feel like it.

​

Everything covered this week was review, and overall kiddo enjoyed the activities we had. However, he has a tendency to act helpless when he doesnt want to work, and we saw that every day this week. Sometimes taking a break helped, and twice it helped to trade off which parent was teaching. Mostly we had to just sit there with him until he finally decided to read or do his math. This will probably be our biggest challenge overall going forward, so I'm gonna need to come up with how to manage it effectively.

​

Kiddo is a struggling reader, so my biggest goal for him this year is to improve his comprehension skills. He reads well, but cant comprehend more than 5ish words at a time. I made question tiles (who, what, where, when, why, how) to use when we read to him. We're going to read the weekly books from b&r to him 3x/week, and randomly select tiles while we're reading to ask questions and check his understanding.

​

We're also going to the library a couple times a week for story times and crafts, and hes picking out books to read. He seems to like the library books more than the ones we bought for him (that he picked). Not sure why that is but I'm happy to see him reading voluntarily.

​

Dad does most of the teaching while I work, but I make the schedule and I'm prepping everything for him to try to reduce the load. I'm just..really excited to be homeschooling. I'm going to school for accounting, but I originally wanted to be a teacher. It tears me up a little that I'm gone most of the time for school and work, and it makes me really happy to be involved in any way possible.

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u/rosyboys_daisygirls — 23 days ago

Is reading level E good?

My son just finished 1st grade and his report card lists his reading level as "E". Is that good? He was really struggling with reading at the beginning of the year but has made great progress. Just wondering how that measures up against other kids finishing 1st/entering 2nd

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u/rosyboys_daisygirls — 1 month ago

CA - Are stepparents exempt from background checks?

In California, all private schools (including homeschools) are required to perform background checks on teachers. Parents are exempt if they only teach their own children. The law doesn't specifically mention stepparents, though, so does anyone know if I would need to do background checking to teach my stepson? His dad would do the majority of the teaching but I would take over 1-2 days/week when I'm not working.

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u/rosyboys_daisygirls — 1 month ago

Do I need to give notice if lease is ending?

Location: California

My lease is ending in a month and my landlord has ignored me when Ive reached out asking about renewal so I'm going on the assumption that he doesnt plan to renew. Do I need to give notice that we're leaving if the lease is ending anyway? Does he need to give us notice if he's not renewing?

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u/rosyboys_daisygirls — 1 month ago

Would you use a workbook given by a teacher as a supplement?

I intend to start homeschooling my 6yo in a few weeks after school ends. Hes finishing up the 1st grade, and his teacher gave us a workbook intended for a full year of school for him to work on over the summer. Some pages have been done already and it confuses me a little that he gave it to use since its, again, intended for a full year and hes exiting the 1st grade so I would think he should have finished it already. But anyway, it could potentially be a useful supplement?

We're already planning on using logic of english for phonics instruction and blossom and root for additional reading + comprehension, so Im not sure if we should even bother with this workbook. I dont really want to throw it out because that would be wasteful and I don't know anyone that would have use for it. Thoughts?

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u/rosyboys_daisygirls — 1 month ago

I'm interested in learning about my family history but I don't even know where to begin. My grandparents are deceased and my extended family is all very disconnected from each other. At best I may be able to get the names of my great grandparents from my parents but what then? I don't want to just know names, I want to learn about their lives. I'd also like to track my grandmother's biological family (she was adopted from Ireland) but thats a whole other beast

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u/rosyboys_daisygirls — 2 months ago

Thank you to everyone who offered advice, feedback, and shared similar experiences. The caseworker never called us back and didnt leave his contact info for us to reach back out but regardless we decided that we won't take him. We have no idea if his mother was using drugs during the pregnancy and we arent prepared to manage the complications that would arise if she was. Its just not a risk we can take. I sincerely hope he goes to a loving home that is prepared for that. Maybe someday he'll track us down to meet his brother. I'll be thinking about him in the meantime.

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u/rosyboys_daisygirls — 2 months ago

My mother in law just had knee surgery so I'm looking for ideas on things I can make ahead of time so she can heat it up whenever she's hungry. Any ideas would be appreciated :)

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u/rosyboys_daisygirls — 2 months ago

My stepsons mom, who was recently sentenced to 2 years in a psych hospital, had a baby today. Childrens services called my husband to ask us if we'll take him. I dont know what to say. On one hand we are capable of caring for him, hes our sons brother so sorta extended family, and who knows whatll happen to him if we say no? On the other, hes not our baby and whole were capable of caring for him, it will be hard. I want to say yes but the thought of it makes me sick with anxiety. The though of saying no makes me sick with guilt. We have until tomorrow to decide and the weight of it is crushing.

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u/rosyboys_daisygirls — 2 months ago