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Ask A Professional
August 1, 2010
The 2010 versions of QuickBooks offers a document management system that enables users to attach supporting documents to customers, vendors, employees, items,accounts, and transactions. While a limited amount of storage is available at no cost, this feature is primarily a subscription service. The documents are stored by Intuit and a connection to the internet is required. Prices vary based on...more
July 1, 2010
QuickBooks offers multiple versions tailored to the current and future needs of a business. Versions offered include QuickBooks Online, Pro, Premier and Enterprise Solutions. Factors to consider in selecting the appropriate version are: • How many users will have simultaneous access? • Do users need remote access? • Does an outside accountant need frequent access to the file? • How many...more
June 1, 2010
Some of the more important factors to consider before beginning a new business are: Has a detailed business plan been prepared? What entity structure best suits the business? What legal or tax documents will need to be filed? Will the business have employees? Is a bank loan needed to help fund the start-up? C & G can assist in answering these questions, as well as identifyin...more
May 1, 2010
There are many factors to consider in determining when it is time to upgrade your Company's accounting software. Added features save time by making processes more efficient. Reports are typically enhanced and expanded for better usability. Filing systems and importing of outside data are enhanced. But consider that you may need to upgrade your computer systems in order to use a new version of...more
April 1, 2010
If you are unable to file your personal income tax return by April 15, 2010 it is important that you file a Form 4868, Application for Automatic Extension of Time to File, with the IRS by April 15. This form grants an additional six months to file your Federal and Wisconsin income tax returns. However the extension only grants additional time to file the tax return -it does not grant additional...more
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