| It is that time of year again when you are ready to | | | | 2 - On menu across top |
| think about what you need to give to your bookkeeper | | | | Click on: REPORTS |
| or accountant. Here is a simple and easy to | | | | 3 - On the reports menu |
| understand list of the paperwork and the reports that | | | | Click on: Company and Financial |
| person needs to help them prepare your taxes as | | | | PROFIT AND LOSS STANDARD |
| easily and 'pain free' as possible. No need to put things | | | | 4 - Pick the date range of "last fiscal year" |
| off this tax season. | | | | 5 - On the reports menu |
| Most accounting software programs are very much | | | | Click on: Company and Financial |
| the same when it comes to running reports so you'll | | | | BALANCE SHEET STANDARD |
| find the steps below similar for other programs too. | | | | 6 - Pick the date range of "last fiscal year" |
| The Secret to getting this done is in setting aside a half | | | | 7 - On the reports menu |
| day to do it in. If you wait you pay extra for a "Rush" | | | | Click on: Company and Financial |
| job, also known as a PIA fee by all bookkeepers and | | | | STATEMENT OF CASH FLOWS |
| accountants alike. Yes, if you procrastinate then you | | | | 8 - Pick the date range of "last fiscal year" |
| are an entertaining and anonymous topic of | | | | 9 - On the reports menu |
| conversation at lunch meetings! | | | | Click on: Accountant and taxes |
| End of Year Information To Prepare For Your | | | | TRIAL BALANCE |
| Accountant: | | | | 10 - Pick the date range of "last fiscal year" |
| 1 - All 1099/1096, W-2, W-3 Information on you and | | | | 11 - On the reports menu |
| your business | | | | Click on: Employees and Payroll |
| 2 - December Previous year and January current year | | | | PAYROLL SUMMARY |
| Bank Statements and reconciliation reports | | | | 12 - Pick the date range of "last fiscal year" |
| 3 - Petty Cash reconciliations | | | | 13 - "Run" and "Print" all these reports and make a |
| 4 - Credit Card charges and End of Year Finance | | | | copy for your file and your CPA |
| Charges | | | | (This menu example was taken from the reports |
| 5 - List of Inventory and Assets | | | | section of an accounting software program that is |
| 6 - Mileage | | | | considered the 'industry standard" to most CPA |
| 7 - Home business Use breakouts | | | | professionals and bookkeepers). |
| 8 - Payroll Reports from payroll company | | | | Now you can make that appointment with your tax |
| 9 - Quarterly reporting tax forms | | | | person and sit back and enjoy the stories you are |
| 10 - Draw and investment or payroll information on | | | | about to hear from those people who will wait until the |
| partners or shareholders | | | | last minute to get their paperwork ready and who are |
| 11 - End of Year Balance Sheet, Profit and Loss | | | | slamming their heads against a wall trying to get their |
| Statement and Trial Balance | | | | reports done. If you took my advice then about now, |
| To Retrieve These Reports From Your Accounting | | | | you may be asking yourself... where is that wine |
| Software: | | | | opener anyway!? |
| 1 - Open company | | | | |