LodgeiT

 LodgeiT auto map and  classify the line items, but we still suggest you to check it through. Though, you only have to do the mapping  once, then on the fol...

Inspect the Chart of Accounts Taxonomy used to classify financial statements for financial reporting & tax purposes here - Click to open the Taxonomy ...

Other way of account classification is account tagging. Step 1. Go to your "Financials" tab select "Accounts" Step 2. Tick the box o...

Question: Is there is an option to just not link the chart of account from the bookkeeping software with the tax software.? Answer: The best way to ensure ...

 LodgeiT transfers the negative amount by default. Currently it cannot be changed. There are only two ways to fill negative amount in Liabilities section. ...

Direct costs are the expenses a business incurs that can be directly tied to the production of a good or the provision of a service. Direct costs are the ex...