My story telling project

I'm finding this really interesting. This woman, who is really smart by my estimation, wants to do bookkeeping. She's learning QuickBooks software because business owners are using it.  She's taking all kinds of courses on how it's supposed to work, but she's not getting it. There are so many ways to do things that she's hung up on all the different choices.  So we've started with stories about her clients, one at a time, or stories about what she's found after doing about 50 different types of clients, what isn't being done properly by other accountants or bookkeepers when she takes the books over.

Today, it was about fixed assets and how to record the purchase, and when the asset is sold, how to record the asset sale in the books and on the tax return.

I've been recording key parts of the conversation and those conversations are for sale on my website.  If fixed asset / capital asset recording has always stymied you, it's no surprise.  I spent ten years doing extensive work on capital asset dispositions and acquistions, as the group of companies I worked for at the time, 30 companies in the group, about 10 operating, and 20 holding companies, re-organized, refinanced, and then sold or disposed of every single asset in the group, including 750 units in the fleet.

As a result, I know a thing or two about capital assets.  If you're looking for simple ways to handle the recording and reconciliation of assets using QuickBooks software, this 23 minute conversation might completely change your outlook on this complex area of accounting.

I'm building an inventory of stories like this one, each between 20 minutes and an hour, to showcase different challenges users might face in the design and structure of their use of the software.

Check out the list so far, and if you have a challenging story, contact me with the story.  We can have a similar conversation and we can if you like, record the conversation, for your use only, and yes, fees apply.

Story telling project