Ten steps to organizing paperwork Monday at 7 pm Pacific Time - free half hour online webinar

I've been thinking about how to communicate about what it takes to keep your records current, and accurate.

Current means up to date, so that if you're wondering where you're at, to estimate your taxes, or if you're wondering who owes you and what your obligations will be, that your books are current.

Accurate means that they are reconciled, and that you've considered the items that didn't balance to determine whether or not they should be recorded because they will happen, and when that will be, or if not, that you've deleted those transactions so they don't confuse anyone looking at your financial statements.

I say this seriously, because every time I look at someone's QuickBooks file, there are entries to the bank that don't belong there that have never been deleted. They'll ask me why their financial statements don't agree with their bank reconciliation. It's because they've never deleted transactions that don't belong on the books.

Not to say you should just go deleting transactions without knowing for sure, but if you've got entries in the bank register that don't reconcile, and they will never clear the bank, the way to deal with them may be to delete them! But if they tie to other transactions in the books, it may be your links to other transactions are linked to the wrong place and that needs revision at the same time.

I'm going to be talking about the ten steps to organizing your records on Monday night at 7 pm Pacific time.

Sign up to attend the 30 minute webinar here and I'll open up the webinar ten minutes early.

If you've never used GoToMeeting.com  before, you can run the free trial, or to make it really easy, load the mobile APP for your iPhone, iPAD or Android device to listen in.  The APP is on their website. 

You won't be talking during the webinar, just listening, but you can type in your questions in the chat room.

eileenreppenhagen.fullslate.com