Quick Tips: 5 Financial Reports You Should Track for Your Business
There are a number of financial reports that can give information on the business's past, current, and future financial state. The top five financial reports that every business owner has to regularly and yearly review to better understand the business's financial performance are listed below…
How To: Tax Filing Prep - Year End Review of your Quickbooks account
In this video Arielle from Fix My Books will be showing you how to prepare your books for Tax Filing by doing a Year End Review of your financial statements in your Quickbooks Online Account or any other accounting software that you're using.
Here are some things we are going to look at:
1. Profit and Loss Statement
2. Balance Sheet
3. Accounts Receivable
4. Accounts Payable
5. HST Return and Balances
6. Property, Plant and Equipment (Fixed Assets) and Depreciation
7. Inventory and Cost of Goods Sold
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