Tagged Questions

2
votes
3answers
4k views

Examples of Manually Entering Payroll in QuickBooks for 1 person S-Corp

First, my apoligies if I'm on the wrong board. Please point me to the right site. I have a 1 person S-Corp in California and use Paychex for the payroll. I simply want to enter the data into ...
5
votes
1answer
365 views

Is it possible to delay customer invoices to the next financial year so I can save tax?

I'm operating a startup in its 1st year. This year's sales from consulting services is very good but the pipeline for next financial year is very very weak. My question is, legally, can I delay ...
16
votes
6answers
3k views

How to choose between Cash and Accrual Accounting

I just started my first business. I’m debating on whether to go with cash-basis accounting or accrual accounting. From what I’ve read it seems that cash-basis is the easier method, but accrual is more ...