1) Log into your PayPal account and download a statement in CSV format. 2) Open the CSV file and delete any rows that don't contain transactions with “Completed”, “Cleared”, “Refunded”, “Partially Refunded” or “Reversed” status [...]
1) Log into your PayPal account and download a statement in CSV format. 2) Open the CSV file and delete any rows that don't contain transactions with “Completed”, “Cleared”, “Refunded”, “Partially Refunded” or “Reversed” status [...]
Income Statement is a financial report showing revenue, expenses, and net profit (or loss) of a business for a period of time. It is also called Profit & Loss Statement. To run a Profit & [...]
You can add a new account, edit an existing one, or make an account inactive from the Chart of Accounts in QuickBooks Online. 1) Click on the “Gear” icon>Chart of Accounts: 2) Click the “New” [...]
1) Go to Accounting >Advanced> Chart of accounts: The chart of accounts in Xero is conveniently broken down into seven tabs: one tab for All Accounts, five tabs for each account type (Assets, Liabilities, Equity, [...]
The Profit & Loss Statement provides a summary of your revenue and expenses for a specific period of time,such as a month, a quarter, or a year. Follow these instructions to run a Profit & [...]
Tax season 2019 has kicked in. If it is hard to reach your accountant right now, it’s because a very large group of business returns is due in less than six weeks, and we are [...]
If you use Xero accounting software, Gusto will be your preferred payroll provider. We love Gusto for their simplicity, a host of great features, and an amazing support team. Gusto and Xero are deeply integrated, [...]
To invite your accountant (or another user) to access your Xero data file, from the dashboard you should: 1. Click on the organiztaion name> select settings: 2. Then click on Users: 3. Click Invite a [...]
Tracking business expenses is not always the first thing on your mind while running day-to-day operations. However, a simple review of your Profit & Loss statement can uncover a few ways you may be wasting [...]