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QuickBooks Real Estate – accounting for the return of a security deposit

May 28th, 2009 accounting book keeping

View The Web Cast | http://nerdenterprises.acrobat.com/p88574204/

Last week’s web cast went over how to account for a security deposit received. This is a follow up to that web cast in which we go over how to account for the return of the security deposit, particularly where you have to withhold monies to cover for damages. We also discuss the issue of properly formatted financial statements. When you pay a company like ours to get it done “right”, you save money because you are able to get that line of credit at a better rate or become more profitable because of your ability to better analyze your business, what is working, and what isn’t.

We also discuss how we are able to work with companies to provide a much higher level of service compared with what you get with your average bookkeeper. If you want financial statements properly formatted so you can get financing with your bank, you want to make sure that you hire someone like us who knows more than just how to post a check or bill and what account it goes to. You want someone who understands QuickBooks and accounting together such that you get the best result in terms of financial statement presentation.

Duration : 0:10:14


Pastel Accounting on Apple iPhone

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