What r/Bookkeeping is talking about this week

So, I don't know if humor like this is appropriate here. If not, feel free to delete. I work in-house for a family project (educational community garden). My sister does a lot of the gardening and...

I graduated early with an accounting degree and have passed three of the four CPA exams. I live in a poor area in KY so even having 5–10 bookkeeping clients would be massive for me figured I email...

For CPAs: when your clients hand books for you to file tax return and you find books very messy, do you fix their messy books first before preparing and filing tax return, or you just take the...

Is dropping off resumes to local CPA offices in person a good idea? I imagine junk emails and snail mail mailers go straight in the trash. But going to introduce myself maybe they’d send some...

Former bookkeeper used a mid-year adjusting journal entry to reduce an equity account with the memo "reduced the balance by various expenses", and the amount was about $2312. To clean up the messy...

I was told to log the correcting entry from previous (closed) year on Jan 1st of the present year. Just wanted to double check here that this is in fact the case. Thanks.

A Process Journey - Do you prepare state sales tax returns for your clients? Do you prepare and pay the taxes on their behalf, or do they sign into the state portal and pay their taxes? Do you...

Client's credit card statements close mid-month, which creates difficulties in requesting and tracking credit card statements (client is often confused by "credit card statement March to April,...

Short answer: reconcile card spend weekly instead of at month-end, and match each charge to a receipt and a GL code close to when it happens. Most of the close pain comes from doing all of it at...

So, I have a really great opportunity to help my mom get her books set up before handing everything over to a CPA for tax prep, but I'm running into a few situations I'd like some perspective on....