Home › Resources
Written by the instructors, mostly in answer to a question somebody actually asked in class. General information only — not accounting, tax or legal advice for your specific situation.
Reconcile the bank, clear the suspense account, check owner draws, look at aged receivables, then write one sentence about what changed. That is the whole routine, and doing it monthly saves roughly six hours every January.
Numbers imported from a bank or POS export arrive as text. They look right-aligned and innocent, and SUM quietly ignores them. Three ways to spot it and one keyboard shortcut to fix a whole column.
Who has to collect, what the state rate plus local add-ons actually come to in Kerr County, when filing frequency changes, and the single record you must keep to survive an audit comfortably.
Behavioural control, financial control and the relationship itself. A short worksheet you can run against every person you pay, and what it costs if you classify wrongly.
Twenty-eight accounts, no more. Copy the structure, rename three lines for your trade, and stop inventing categories at the point of entry.
Where the three numbers diverge, in order of likelihood: tips, refunds processed at the wrong terminal, and deposits that cross a weekend. A daily two-minute habit fixes all three.
No lecturing. Pick a manager, move the six accounts that matter, turn on two-factor for email first, and accept that the rest can wait until you're comfortable.
Thirteen weeks across the top, money in and money out down the side, a running balance at the bottom. The point is not accuracy; it is seeing week nine before you get to week nine.
We keep this short and only list official sources, because the internet is already full of confidently wrong tax advice.
Nothing on this website is a substitute for advice from your own CPA, enrolled agent or attorney. See our disclaimer.
