be able to do all my accounting for a small business with Quick Books, without having to take my books to an accountant, if I learned the software properly? Thanks.
2007-06-27 02:09:16 · 2 answers · asked by Anthony F 6 in Business & Finance ➔ Small Business
You can complete the majority of your taxes yourself. Quick Books also prints out alot of the tax supporting documents for you.
One area you may need help is with fixed assets, equipment, and inventory and depreciation. Tax law is specific on what you can expense and what you have to depreciate over a time period. Inventory needs to becoem an assets and expensed when used.
Good luck.
2007-06-27 02:43:11 · answer #1 · answered by Anonymous · 0⤊ 0⤋
That depends on how complex the business is. If it's fairly straightforward, then you probably could.
2007-06-27 10:13:42 · answer #2 · answered by Judy 7 · 0⤊ 0⤋