Effective Accounting Techniques

Preparing Accounts for LodgeiT
LodgeiT is designed to help you prepare tax forms, working papers & special purpose financial reports faster & more accurately. In order to help you...
Wed, 8 Jul, 2020 at 11:47 AM
Small Business Entity having Accounting vs Tax Depreciation
Small Business Entity having Accounting vs Tax Depreciation 1. Turn on tax depreciation at  4 squares and add the relevant depreciation values 2.  Add...
Thu, 18 Mar, 2021 at 6:08 PM
Handling Dividend Reporting
In order to account for dividend payments, the dividend paid account in the source accounting system must have values reflective of the timeframes associat...
Wed, 8 Jul, 2020 at 11:54 AM
Trust Beneficiary Loans in QuickBooks
Please review this article - Options for Trust Beneficiary Loan Accounting BEFORE reading content below.  Note: Both options can be used with Beneficiary l...
Wed, 21 Apr, 2021 at 8:39 AM
How to account for Sole Trader Equity
This video provides the following guide: Preparation of underlying accounts in respect of equity section Importing using LodgeiT smart Excel Utility (att...
Fri, 23 Apr, 2021 at 9:12 AM
Accounting for Livestock Activity
Livestock report is stored in the tax form. It can be used as a working paper to compute average cost and closing inventory value. *Tap the image to enla...
Mon, 8 Mar, 2021 at 7:30 AM
Options for Partnership Equity Accounting
There are two methods available for handling the accounting in the equity section of a set of accounts for a partnership. These options have implications fo...
Fri, 23 Apr, 2021 at 9:30 AM
Options for Trust Beneficiary Loan Accounting
There are two methods available for handling the accounting in the current liability section of a set of accounts for a trust. These options have implicatio...
Thu, 15 Apr, 2021 at 12:05 PM